Term Assurance
You always want to do your best to take care of your family. But, life is full of uncertainties. So, it’s important to ensure that your family is protected, should something unfortunate happen to you. This simple plan is a truly affordable form of life cover, offering high levels of protection at a low cost. It’s an ideal way to make sure your loved ones have lifelong comfort and security, if you are not there any longer.
Product Overview
- Life Cover up to 40 million PKR or more* offers peace of mind for you and your family
- Flexible terms available to cater to your different needs of Life Insurance
- A variety of supplementary coverage may be attached with the Term Insurance plan to enhance the benefits of the main plan. These include Waiver of Premium, Permanent & Total Disability, Accidental Death Benefit, Accidental Indemnity Benefit, Income Shield, Shifa Care, Recovery Benefit Rider, Accident Care Benefit and Income Benefit
- In case of death of the insured, during the term of policy, 100% of the face amount is payable
* Conditions Apply
Eligibility
Minimum age 20, maximum age 60 years.
Term
The plan is offered for fixed terms of 5, 10, 15 and 20 years. The plan may alternatively be taken up to an attained age of 55, 60 or 65 years
Premiums
Premiums may be paid annually, semi-annually or quarterly. The minimum acceptable collected premium for any premium payment mode is PKR 5,000
Currency
Pakistani Rupee
Face Amount
Minimum PKR 300,000
Gender
Male and Female
* Subject to policy terms and conditions
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