Education shouldn’t be a privilege and with the IGI Life-WTO Danish Education Takaful Plan it doesn’t need to be.
With this plan you can feel confident that your child’s education is taken care of even in the case of untimely death. So while we cannot know what will happen in the future, at the very least we can be prepared for it.
After all, we need to ensure that our children have access to every opportunity to allow them to be the best they can be.
The plan is being offered by IGI Life – Window Takaful Operations and has been exclusively designed for Bank Alfalah customers. It is only available through Bank Alfalah’s branches.
The minimum collected basic contribution is PKR 25,000. The contributions can be made on Annual, Semi-Annual or Quarterly basis.
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.
The plan is available to all Bank Alfalah Limited customers between 18 to 55 years of age.
Minimum Term: 10 years
Maximum Term: 25 years
Following are the requirements for Claims settlement:
Note: Further requirements can be asked for depending on the case.
A claim is settled as soon as requirements to the satisfaction of IGI Life Window Takaful Operations are submitted at its Head Office (IGI Life Insurance Limited, The Forum, 7th Floor, Suite No 701-713, Khayaban-e-Jami, Block 9, Clifton, Karachi 75600, Pakistan)
If you cancel your membership within a free look period of 14 days from the date of receipt of the Participant’s Membership Document (PMD), you are entitled for a full refund of contribution less any expenses incurred by IGI Life WTO in connection with your medical or clinical examinations.
IGI Life-WTO Danish Education Takaful Plan is underwritten by IGI Life – Window Takaful Operations. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates.