How to Apply for Alfa Zindagi-Term Life Insurance?
- Login to Alfa
- Tap on Insurance Banner
- Select Life Insurance
- Select your desired Premium & Agree to the Basic Fact Sheet
- Enter your beneficiary details
- Confirm your consent by pressing 1 over recorded/IVR call
- Check your details in the Policy Briefcase
|Product Type||Term Life|
|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.
|Premium Term||Annual Renewable till the Age of 65 Years of Age|
|Policy Term||One Year|
|Distribution Channel||Alfa & Contact Centre|
|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 & COVERAGE:
|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.