Features and Benefits

• In case of unfortunate death, your nominated beneficiaries will receive the sum covered or the accumulated cash value of your funds (whichever is higher). 
• Bonus Allocation starting from 3rd year
• Bonus Allocation as high as 50%
• Death & Maturity Benefit 
• Additional Riders Option 
• Free look period of 14 days

*The range of cover multiples available to the policy holder varies with the age at entry of the life covered and underwriting outcome.
*Maturity Benefit At the end of the term of the plan, the policy holder will receive the Cash Value accumulated during the term of the plan.

Contribution:

Starting with 20,000/- PKR

Free Look Period

Participant can cancel the membership within fourteen (14) days of the receipt of the membership Documents

Note

For a better understanding in making your selection according to your savings and takaful needs, you may contact representatives at your nearest Bank Alfalah Limited branch.

Eligibility

The plan is available to all Bank Alfalah Limited customers between 18 to 65 years of age.

Term

The available term range is 10 to 25 years, subject to maximum age of 75 years at maturity.

Mode of Payment

Monthly / Quarterly / Semi-annually / Annually

Claims

At time of claims, the beneficiary needs to contact 5th Pillar Family Takaful Company at 021-111-786- 573 and submit the following documents.

• Original Policy Documents
• Claim Forms A, B, C, D
• Complete Medical /Treatment Record including all Clinical Notes at the onset of the treatment
• Death Certificate issued by Hospital and NADRA
• Attested CNIC of both the life assured and claimant(s)
• Intimation wherein Date of death and Cause of death should be mentioned by the claimant

However, in case of Murder, Suicide or Accidental Death following mandatory requirements should also be added:

• Post Mortem/ Autopsy Report (Attested)
• News Paper Cutting of the event (Attested)
• Police First Information Report (FIR) (Attested)
• Medico Legal Report (Attested)

Note: Further requirements can be asked for depending on the case.

Disclaimer

The product is underwritten by 5th Pillar Family Takaful Limited. It is not guaranteed by Bank Alfalah Limited or its affiliates.