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  • Life Insurance (Upto Rs. 1 million)

  • Educational Plan for Children (Upto Rs. 180k p.a for 5years)
    Easy affordable payment options starting from Rs.76 per month

You can also pay your premium through Reward Points (First month FREE)

Be there for your loved ones…. Always

To help you prepare for life’s unexpected twists, Bank Alfalah gives you Life Insurance and Educational Plan for Children.

Life Insurance:

• In the case of unexpected death, your family would receive upto Rs. 1,000,000/-
• The coverage is for a period of 1 year

Different options are:

 
Category Annual Premium (Rs.) Monthly premium (Rs.) Sum assured (Rs.)
Emerald 3,600 327 500,000
Diamond 7,200 655 1,000,000

Educational Plan for Children:

  • The plan provides annual education scholarship to the child in case of the premature death of the parent or guardian.
  • Your child will keep receiving upto Rs. 180,000 for next 5 years for education expenses.
 
Category Annual Premium (Rs.) Monthly premium (Rs.) Sum assured (Rs.)
Pearl 1,320 120 45,000
Ruby 2,736 249 90,000
Sapphire 5,448 495 180,000

Redemption Through Reward Points (Annual Premium):

Life Insurance:

Category Code Reward Points FTO Points FTO Amount
Emerald INS1 12,000 6,000 1,800
Diamond INS2 24,000 12,000 3,600

Educational Plan for Children:

Category Code Reward Points FTO Points FTO Amount
Pearl INS3 4,400 2,200 660
Ruby INS4 9,120 4,560 1,368
Sapphire INS5 18,160 9,080 2,724

Please note that FTO (Fast Track Option) means you can use 50% of the required points for redemption while rest of the points are converted into rupee amount which is charged on the card. For redemption, just call 111-225-111. Fortune rewards terms & conditions apply.

The policy offers a free period of 30 days during which it can be returned for a full refund of premium.


Click here to download the form

 
 
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