EFU Accelerated Savings Plan

A one-time payment for long-term protection and growth

Life doesn’t wait for you to make monthly payments — and now, neither does your savings plan.
The EFU Accelerated Savings Plan is designed for those who want to secure their financial future in one simple step. With a single lump-sum payment, you can enjoy long-term protection, investment growth, and the convenience of not having to worry about recurring contributions.

Whether you’re planning for your children’s education, retirement, or simply want to leave a lasting financial legacy, this hybrid plan combines comprehensive life coverage with smart investment opportunities.

Bank Alfalah Limited, in partnership with EFU Life Assurance Ltd., offers this exclusive plan for customers who value simplicity, flexibility, and peace of mind.
 

Key Features Benefits

• One-Time Payment Convenience – Pay once and enjoy coverage for the entire term.
• Long-Term Protection – Life insurance cover that stays active for the plan’s duration.
• Investment Growth – Lump-sum contributions are invested in unit-linked funds managed by experts to optimize returns.
• Flexible Variants – Two plan options to suit both mass-market and premium customers.
• Policy Loan Option – Access funds in case of financial emergencies.
• Fund Acceleration Premium – Option to increase your investment for higher potential returns.
   

Plan Highlights

• Eligible Age: 18 – 65 years

Minimum and Maximum Plan Term:

• Variant A: Payment Term 5 years, Benefit Term 10 years
• Variant B: Payment Term 10 years, Benefit Term 15 years

Minimum Premium:

• Mass Segment: PKR 50,000 – 249,999
• Premium Segment: PKR 250,000 and above

Mode of Premium: One-time payment

Fund Acceleration Premium: Minimum PKR 50,000

Sum Assured: Annual Premium x Protection Multiple
 

How It Works

Your lump-sum contribution is used to purchase units in the fund(s) of your choice based on your risk profile and investment objectives. This upfront investment not only secures long-term coverage but also has the potential to earn higher returns compared to annual contributions.

 

Free Look Period

If you cancel within 14 days of receiving your policy documents, you will receive a full refund of your premium less any applicable expenses.

 

Claims Process

In the event of a claim, beneficiaries can contact EFU Life Assurance Ltd. at (021) 111-338-111 and submit the required documents, which may include:

Original Policy Document

Claim Forms

Death Certificate (Hospital and NADRA issued)

Attested CNIC of both life assured and claimant(s)

Complete medical/treatment record

Note: Additional documents may be required depending on the nature of the claim.

 

Contact for Claims

EFU Life Assurance Ltd.

EFU Life House, Plot No. 112, 8th East Street, Phase I, DHA, Karachi, Pakistan

Phone: (021) 111-338-111

Email: csd@efulife.com
 

Disclaimer

This product is underwritten by EFU Life Assurance Ltd. It is not guaranteed or insured by Bank Alfalah or its affiliates. Bank Alfalah acts only as a distributor and is not liable for settlement of claims. Investment risk is borne by the policyholder, and actual returns may vary.