Regular Premium / Contribution Plan
Protection with an element of investment
FOR INDIVIDUAL
For Companies
Protection with an element of investment
Regular Premium / Contribution Plan is an on-going payment, savings and protection product that ensures your investment needs are fulfilled along with financial protection against unexpected circumstances
You save and protect your wealth with Investment life cover.
Save on regular basis, with the option to make additional lump sum payments along the way.
Customise your premium payments mode as per your convenience.
Freely choose to add or remove certain benefit options to your policy.
Invest n Assure is a whole of life savings plan, designed to serve as a financial planning tool to fulfill the long-term financial needs for customer and their family members, Whether it’s for your children’s higher education or marriage and ensuring regular income after retirement.
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Allocations
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| Year 1 | Year 2 | Year 3 – 4 | Year 5 | Years 6 – 9 | Year 10+ | AVAP (anytime) |
| 60% | 90% | 100% | 103% | 105% | 110% | 100% |
Basic Features
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Charges:
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| Administration charge: | (PKR 75 per month ) |
| Bid/offer spread: | 5% of Total Premium |
| Investment Management Charge: | 0.125% p.m of the Fund Value will be applied. |
| Mortality Charges: | Variable – Depending on Age, Profession, Health, Sum Assured |
| Surrender Processing Fees: | (PKR) 500 on each Partial Surrender and Complete Surrender |
| Surrender Charge: | Year 1: 100% of Cash Value |
| Fund Switching Fee: | 1st switch is free, PKR 500 is charged upon each subsequent switch |
Secure & Sustain is a multipurpose savings plans specially designed to help you make regular, systematic savings and protect your family from future financial uncertainties. It gives you and your family the comfort and helps you meet your long-term financial objectives.
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Allocations
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| Year 1 | Year 2 – 4 | Year 5 – 10 | Year 11 – 15 | Years 16 + | AVAP (anytime) |
| 75% | 90% | 100% | 104% | 105% | 100% |
Basic Features
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Charges:
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|---|---|
| Admin Charge: | PKR 40 per month |
| Bid/offer spread: | 5% of Total Premium |
| Fund Management Charge: | 0.125% of account value per month |
| Fund Management Charge (AVAP): | 1st Year 0.08333% of Participant’s Investment Account per month, 2nd Year onwards 0.125% of Participant’s Investment Account per month |
| Surrender Charge: | 80% – 1st Year, 50% – 2nd Year, Nil 3rd Year Onwards |
| Mortality Charges: | Variable – Depending on Age, Profession, Health, Sum Assured |
| Surrender Processing Fees: | (PKR) 500 on each Partial Surrender and Complete Surrender |
| Fund Switching Fee | PKR 500 per switch |
Wadiah Takaful is a regular contribution family takaful plan which offers a complete financial solution to all of your protection and financial needs, in Shariah compliant manner.
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Allocations
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|---|---|---|---|
| Year 1 | Year 2 – 3 | Years 4 + | AVAC (anytime) |
| 60% | 90% | 100% | 95% |
Basic Features
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Charges:
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| Administration Fee: | PKR 125 per month |
| Bid/offer spread: | Nil |
| Wakalat-ul-Istismar Fee: | 0.125% of Participant’s Investment Account per month |
| Wakalat-ul-Istismar Fee (AVAC) : | 1st Year 0.08333% of Participant’s Investment Account per month, 2nd Year onwards 0.125% of Participant’s Investment Account per month |
| Wakala Charge from Waqf Fund: | 35% of takaful contribution |
| Surrender Charge: | Nil |
| Mortality Charges: | Variable – Depending on Age, Profession, Health, Sum Assured |
| Surrender Processing Fees: | (PKR) 500 on each Partial withdrawal |
| Fund Switching Fees: | PKR 500 |
Zaman Takaful is a shariah compliant regular contribution unit linked Takaful saving plan with protection element, which is designed to serve as a financial planning tool to fulfill long-term financial needs of the customer. Whether it is career, marriage, children’s education, buying a house, starting a business or retirement planning.
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Allocations
|
|||||
|---|---|---|---|---|---|
| Year 1 | Year 2 – 3 | Year 4 – 6 | Years 7 – 8 | Year 9+ | AVAP (anytime) |
| 60% | 90% | 100% | 103% | 105% | 100% |
Basic Features
|
Charges:
|
|
|---|---|
| Administration charge: | PKR 125 per month |
| Bid/offer spread: | 5% of net contribution |
| Investment Management Charge: | 0.125% p.m of the Fund Value will be applied |
| Mortality Charges: | Variable – Depending on Age, Profession, Health, Death Benefit |
| Surrender Processing Fees: | (PKR) 500 on each Partial withdrawal and Complete withdrawal |
| Surrender Charge: | Nil |
| Wakala Charge from Waqf Fund: | 40% |
| Fund Switching Fee: | 1st switch is free, PKR 500 is charged upon each subsequent switch |
The contents of this webpage are for general information only and do not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration.
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