How to Apply for Alfa Zindagi by EFU Life?
- Login to Alfa
- Tap on Insurance Banner
- Select Life Insurance
- Select your desired Premium & Agree to the Basic Fact Sheet
- Enter your beneficiary details
- Confirm your consent by pressing 1 over recorded/IVR call
- Check your details in the Policy Briefcase
Product Summary
| Product Type | Term Life |
| Variant | Conventional |
| Product Description | Alfa Zindagi by EFU Life is a term life insurance plan which offers coverage in case of death due to any causes. In case of covered member’s death the beneficiary will get the lump sum amount. |
| Premium Term | Annual Renewable till the Age of 65 Years of Age |
| Policy Term | One Year |
| Policy Currency | PKR |
POLICY ISSUANCE:
| Application | Guaranteed Issuance |
| Issue Ages | Min Issue Age: 18 Max Issue Age: 64 |
| Free Look Period | A free look period of 30 days during which the customer can cancel the policy and get a full premium refund. |
BENEFITS:
| Death Benefit | Sum Assured will be paid in case of death only (death due to any reason). |
| Death Benefit Variant | Not Applicable |
| Exclusions | 1. Suicide and self-inflicted injury. 2. The benefit under the policy shall not cover Member’s death due to any pre-existing condition within 90 days of the commencement date. |
PREMIUM & COVERAGE:
| Premium (PKR) | (a) 600 (b) 2,850 (c) 5,750 |
| Sum Assured (PKR) | (a) 100,000 (b) 500,000 (c) 1,000,000 |
EFU Life Assurance Ltd is the product underwriter and BAFL is the distributor of the product.