Plan Your Future, Protect Your Loved Ones.

The SLIC Tayyab Takaful Endowment Plan, designed and underwritten by The State Life Insurance Corporation of Pakistan, offers you an affordable and Shariah-compliant way to save for life’s important milestones while enjoying the peace of mind of Takaful protection.

This hybrid plan uniquely combines Bonus-Based savings with Unit Linked growth opportunities, providing you with attractive returns and comprehensive coverage. Approved by the State Life Shariah Board, it ensures that your savings and protection needs are met in line with Islamic principles.
 

Key Features & Benefits

• Hybrid Structure
  Unique combination of Bonus-Based savings and Unit Linked investments for long-term growth.
• High Value Savings
  Build a strong financial foundation for your life’s milestones.
• Attractive Returns
  Enjoy competitive rates of return over the policy term.
• Shariah-Compliant Protection
  Coverage approved by State Life’s Shariah Board.
• Comprehensive Benefits
  • Death Benefit: Lump sum payment to your beneficiaries in case of your demise.
  • Maturity Benefit: Receive the accumulated amount plus bonuses at the end of your policy term.
• Flexible Premium Payments
  Choose to pay annually, semi-annually, quarterly, or monthly.
   

Plan Highlights:

Age at Entry: 18 to 60 years

Plan Term: 10 years subject to a maximum attained age of 85 years.

Maximum Age at Maturity: 85 years

Minimum Contribution: PKR 15,000/-

Payment Modes: Monthly, Quarterly, Semi-Annual, or Annual

Free Look Period

You can cancel your policy within 14 days of receiving your documents for a full premium refund (less medical/clinical examination expenses).

Claims Process

In case of maturity or death claim, the beneficiary/nominee should visit the branch with required documents.

Essential Documents for Death Claim:

• Policy Schedule & Original Policy Documents
• Death Certificate (NADRA / Union Council)
• CNIC copies (deceased, claimant, identifier)
• Claim Forms (A, A-5 if applicable, B, C, D)
• Premium Collection Record
• Claim investigation report (for early death claims)
   

Claim Steps:

1. Beneficiary visits branch with documents.
2. Bank forwards documents to State Life Insurance Corporation.
3. SLIC verifies and processes the claim.
4. Claim cheque is sent to the bank for disbursement to the beneficiary.

Disclaimer

The SLIC Tayyab Takaful Endowment Plan is underwritten by State Life Insurance Corporation of Pakistan. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates. Bank Alfalah acts solely as a distributor and is not responsible for claim settlements.