The Tahaffuz Plan empowers Bank Alfalah’s customers to plan wisely, save comfortably, and protect confidently — ensuring that even small, regular savings today can create a secure and dignified tomorrow for their families.
 

Features & Benefits

• Affordable Contributions: Start your savings journey with a minimum annual contribution of just PKR 18,000.
• Flexible Savings: Choose annual, semi-annual, or quarterly contribution modes as per your convenience.
• Unit-Linked Investment: Your contributions are invested in Shariah-compliant funds with three investment strategies — Conservative, Balanced, and Aggressive — to match your financial goals.
• Maturity Benefit: Receive the total accumulated cash value of your investments at the end of the plan term.
• Death Benefit: In case of unfortunate death, your nominated beneficiaries will receive the higher of the sum covered or accumulated cash value.
• Additional Protection Options: Enhance your coverage with optional riders such as Accidental Death Benefit, Income Benefit (Death/Disability), Additional Protection Benefit, and Waiver of Contribution (Disability).
 

Plan Highlights:

Eligible Age: 18 – 65 years

Minimum & Maximum Membership Term: 10 to 67 years (subject to maturity at age 85)

Maximum Maturity Age 85 years

Minimum Annual Contribution: Rs. 18,000

Mode of Contribution: Annual, Semi-Annual and Quarterly

Minimum Top-Up Contribution: Rs. 100,000

Sum Covered Multiples: 5 or 30

 

Claims Process

To process a claim, the following documents are required:

Claimant’s Statement (downloadable from IGI Life WTO claim forms)

Physician’s Statement (downloadable)

Original or attested Union Council Death Certificate

Hospital death certificate (if applicable)

Original Membership Document

Medical treatment history (if applicable)

CNIC copies of deceased & beneficiary

FIR/Police Report & Post-Mortem Report (in case of accident)

 

Submit claims to:

IGI Life – Window Takaful Operations

The Forum, 7th Floor, Suite No 701-713, Khayaban-e-Jami, Block 9, Clifton, Karachi 75600, Pakistan

 

Free Look Period

If you cancel within 14 working days of receiving your Participant’s Membership Document (PMD), you are entitled to a full refund of your contribution, less medical/clinical exam expenses.

 

Disclaimer

The IGI Life-WTO Tahaffuz Plan is underwritten by IGI Life – Window Takaful Operations. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates.