Alfa ZindagiAlfa Zindagi

Alfa Zindagi

How to Apply for Alfa Zindagi-Term Life Insurance?

  1. Login to Alfa
  2. Tap on Insurance Banner
  3. Select Life Insurance
  4. Select your desired Premium & Agree to the Basic Fact Sheet
  5. Enter your love one details
  6. Confirm your consent by pressing 1 over recorded/IVR call
  7. Check your details in the Policy Briefcase

 

Product Summary

Product Type Term Life
Variant Conventional
Product Description Alfa Zindagi 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.
Single/Regular Premium Single
Premium Term Annual Renewable till the Age of 65 Years of Age
Frequency Annual
Policy Term One Year
Distribution Channel (1) Mobile App Only
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. Pre-Existing will be covered after the 30 Days from Premium Deduction.

 

PREMIUM & COVERAGE:

Premium (PKR) (a) 500 (b) 2,200 (c) 3,000 (d) 5,500 (e) 7,000
Sum Assured (PKR) (a) 100,000 (b) 500,000 (c) 1,000,000 (d) 1,500,000 (e) 2,000,000

EFU Life Assurance Ltd is the product underwriter and BAFL is the distributor of the product.

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