Payment Frequency
Below is a breakdown of the minimum premium contributions with in the age bracket that can be made:
Age Band |
Premium |
0 |
39 |
PKR 35,000 |
40 |
49 |
PKR 55,400 |
50 |
55 |
PKR 82,350 |
Note
For a better understanding in making your selection according to your insurance needs, you may contact representatives at your nearest Bank Alfalah Limited branch.
Eligibility
The plan is available to all Bank Alfalah Limited customers between 1 month-55 years of age.
The policy owner can select from three combinations of coverage:
- Insurance for the Life Assured only
- Insurance for the Life Assured and Spouse Only
- Insurance for the Life Assured, Spouse and Children
Term of Plan
The policy term of this plan is 1 year and can be renewed up to 5 years.
Claims
For Hospital Reimbursement: The following procedure will be followed:
- Inform Jubilee Health within 24 hours of the hospitalization
- Pay cash for the treatment.
- Submit all original bills/supporting documents with claim form for reimbursement, within 30 days of discharge from the hospital.
- Settlement of claim will be done in line with policy terms and conditions.
Please note that the Medical Board of Jubilee Life Insurance Company Limited will be the sole authority to evaluate and decide on the authenticity of the claim.
Panel Hospitals List