It’s never too early to start preparing for tomorrow. The Jubilee Kamil Takaful Savings Plan is a Shariah-compliant solution designed to provide savings, investment, and family protection in one flexible plan. Whether it’s education, retirement, or unforeseen needs, this plan ensures your future is secure.
Offered in collaboration between Bank Alfalah Limited and Jubilee Life Insurance Company Limited – Window Takaful Operations, the plan combines financial growth with peace of mind.
Features & Benefits
-
Secure Contributions – Your invested contributions are fully protected, with complete accumulated cash value paid at maturity.
- Flexible Coverage – Choose your sum covered based on your needs, with multiples ranging from 5 to 254 (depending on age at entry).
- Family Protection – In case of the participant's death, beneficiaries receive the sum covered plus accumulated cash value.
- Expert Fund Management – Contributions are invested in Shariah-compliant funds (Family Takaful Income Fund & Balanced Fund) managed by professionals.
Plan Highlights
|
Attribute |
Details |
|
Eligible Age |
18 – 65 years |
|
Minimum & Maximum Membership Term |
10 - 57 years |
|
Maximum Maturity Age |
75 years |
|
Minimum Annual Contribution |
Rs. 36,000 |
|
Mode of Contribution |
Annual, Semi-Annual, Quarterly and Monthly |
| Sum Covered Multiples | 5 or 254 |
Claims Process
Beneficiaries may contact Jubilee Life at (021) 111-111-554 and provide:
- Original membership documents
- Completed claim forms (A, B, C, D)
- Medical/treatment records
- Hospital & NADRA-issued death certificate
- Attested CNICs of participant & claimant(s)
- Death intimation letter with date & cause
For accidental, murder, or suicide cases, additional documents such as FIR, medico-legal report, autopsy, and newspaper cutting are required.
Claims Department Contact:
Jubilee Life Insurance Company Limited
74/1 – A, Lalazar, M.T. Khan Road, Karachi – 74000
📞 92-21-35205095, 92-21-35205094, 021-111-111-554
📠 92-21-35610959
📧 info@jubileelife.com
Free Look Period
If you cancel within 14 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
This product is underwritten by Jubilee Life Insurance Company Limited – Window Takaful Operations. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates.