The Unit Linked High Value Saving Plan is a premium financial solution designed specifically for priority clients seeking a comprehensive, multi-benefit approach to achieving their financial goals. Whether the objective is education, savings, or other financial milestones, this plan offers the flexibility to customize benefits according to individual needs.
This hybrid plan also includes an exclusive offering for female priority customers, providing tailored benefits that cater specifically to their requirements, ensuring they receive additional support and value. With its optimized premium allocation structure, clients can maximize their returns while enjoying the peace of mind of comprehensive coverage.
Disclosure of Product:
This is a life insurance product which has two distinct elements i.e., Insurance Protection and Investment. The Investment Component is linked to the performance of underlying assets under unit linked fund(s).
Free Look Period:
If you cancel your policy within free look period of 14 days from the date of the documents receipt, you are entitled for a full refund of premium less any expenses incurred by EFU Life in connection with our medical or clinical examinations.
Plan Objective:
The premiums of the plan will be utilized to purchase units for the funds selected by the policy holder (insured persons), who will have the facility to select from the Unit Savings Funds based on his/her risk appetite and investment objectives at the inception of the policy.
| Attribute | Details |
|---|---|
| Eligible age | 18–65 years |
| Minimum Plan Term | 10 years |
| Maximum Plan Term | 57 years |
| Maximum Age at Maturity | 75 years |
| Minimum Premium | Rs. 1,000,000 per annum |
| Mode of Premium | Annual |
| Fund Acceleration Premium | Minimum: Rs. 50,000 |
| Sum Assured | Annual Premium X Protection Multiple |
| Protection Multiples | 5 – 75 (depending on the age of policyholder at entry) |
Claim:
In case of an unfortunate event, you may file your claim intimation through any Bank Alfalah Branch walk in, visiting the EFU Head Office or by visiting any of the EFU branches in the country. For a swift speedy process you may also call us at our call center (021-111-338-111) or simply visit our website, fill in the intimation form and email it to us at cod@efulife.com. Thereafter, you will be contacted for next steps.
Disclaimer:
- This product is underwritten by EFU Life Assurance Ltd. It is not guaranteed or insured by Bank Alfalah or its affiliates and is not a Bank Alfalah product. * EFU Life Assurance Ltd will be responsible for settlements of claims to the insured customer(s) or beneficiary(ies).
- Bank Alfalah is acting as a distributor/corporate insurance agent on behalf of EFU Life Assurance Ltd and is not and shall not be held responsible in any manner whatsoever to any person, including but not limited to the insured customer(s), beneficiary (ies) or any third party.
- The investment risk of the fund is borne by the policyholder (insured person) and actual maturity or surrender values may be lower or higher than the projected figures.
- The past performance of funds is not necessarily a guide to future performance. Any forecast made is not necessarily indicative of future or likely performance of the funds and neither EFU Life Assurance Ltd nor Bank Alfalah will incur any liability for the same.
- A personalized illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for detailed understanding of the various terms and conditions.
- Service charges and taxes will be applicable as per the Bank’s “Schedule of Charges” and taxation laws as stipulated by the relevant authorities.
- This product brochure gives a general outline of the product features and benefits. A description of how the contract works is given in the policy provisions and conditions.
