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Jubilee Imperial Takaful Plan

The happiness you feel when your efforts to assist your family are rewarded with the highest possible return. When you are able to protect your family's future and your own, you feel secure and at ease. You may be able to change your life by taking advantage of the "Jubilee Imperial Plan," which is offered by Jubilee Life - WTO with its distribution partner Bank Alfalah Limited. This plan provides you with the best future security at the maximal possible return.

Bank Alfalah Limited in partnership with Jubilee Life Insurance Company Limited offers Jubilee Imperial Takaful Plan.

 

Features and Benefits

  • 70% Unit allocation in the first year of the membership
  • In case of unfortunate death, your nominated beneficiaries will receive the sum covered or the accumulated cash value of your funds (whichever is higher).
  • Sum covered is the guaranteed minimum amount payable on death. Sum covered is determined by multiplying the annual basic contribution with a sum cover multiple. The range of Cover Multiples offered under this plan is 5 to 25; hence, your Sum Covered could be 5 to 25 times of annualized basic contribution. For example, if your annual basic contribution is PKR 1,000,000 and you have selected a cover multiple of 10, your total sum covered would be PKR 1,000,000 x 10 = * 10,000,000

*The range of cover multiples available to the member 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 member will receive the Cash Value accumulated during the term of the plan.

 

Cancer Protection Supplementary Rider: This benefit provides coverage in case you are diagnosed with cancer so that you and your loved ones can be relieved from the imminent financial burden, and focus solely on your recovery and health. The benefit amount will be paid to you depending on the stage of the cancer, that is, either Early Stage or Late Stage.

 

Plan Highlights

Age at Entry: 18 to 70 years

Plan Term:  The available term range is 10 to 25 years, subject to maximum age of 80 years at maturity.

Maximum Age at Maturity: 85 years

Minimum Contribution: PKR 1,000,000/-

Payment Modes: Annually and Semi –Annually

 

Claims Process

Beneficiaries may contact Jubilee Life at (021) 111-111-554 and provide:

  • Original membership documents
  • Completed claim forms (A, B, C, D)
  • Medical/treatment records
  • Hospital & NADRA-issued death certificate
  • Attested CNICs of participant & claimant(s)
  • Death intimation letter with date & cause

For accidental, murder, or suicide cases, additional documents such as FIR, medico-legal report, autopsy, and newspaper cutting are required.

 

Claims Department Contact:

Jubilee Life Insurance Company Limited

74/1 – A, Lalazar, M.T. Khan Road, Karachi – 74000

📞 92-21-35205095, 92-21-35205094, 021-111-111-554

📠 92-21-35610959

📧 info@jubileelife.com

 

Free Look Period

If you cancel within 14 days of receiving your Participant’s Membership Document (PMD), you are entitled to a full refund of your contribution, less medical/clinical exam expenses.

 

Disclaimer

This product is underwritten by Jubilee Life Insurance Company Limited – Window Takaful Operations. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates.