| 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 |
| Policy Term | One Year |
| Policy Currency | PKR |
| 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. |
| 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 (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.
Basic Fact Sheet
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.
Upon premium deduction, you will get the purchase SMS, in addition to that you can see your policy details anywhere and anytime by simply clicking on the Policy Brief Case tab.
No.
In case of death only.
You will not receive anything as this is not investment linked product. The only benefit you gain is the death benefit. Your loved ones can gain the sum assured if you pass away.
FLP is a period during which you can cancel your policy and get the full refund, it starts from premium deduction and FLP period of this product is 30 days.
Yes, you can only avail this product for one year.
No, you cannot buy through your Credit Card/Orbit/Wallet.
No, you can only purchase 1 policy on one CNIC.
EFU Life Assurance Limited will provide you the policy document within 7 working days from your premium deduction. However, you can view the policy General Terms and Conditions available in Alfa App, go to Policy Brief Case tab anywhere and anytime.
You can cancel the policy after free look period has passed but no premium will be refunded.
God forbid, in case the covered member passes away, the beneficiary will call EFU Life Assurance Limited on 111-338-111 or use the mailing address: EFU Life House, Plot No.112, 8th East Street, Phase 1, DHA, Karachi, Pakistan. Details also available under Claim tab.
What would happen to your family if you died unexpectedly? Would there be sufficient money for your spouse to pay the bills? What about sending your kids to college? What about your own loans? What about your funeral and its associated costs?
Please call us on our helpline and our contact center agent will contact you soon or you can buy directly from Alfa App.
Yes, you can only avail this product if you are aged 18–64 and you can continue to remain enrolled till the age of 64 years.
You may simply click on the Policy Cancel button, instantly you will get the SMS and your premium will be reversed within 5–7 working days.