
Life comes with highs and lows, but ensuring your family’s financial security should never be uncertain. The Jubilee Shama Takaful Plan helps you save, invest, and protect your loved ones, giving them a brighter and more confident future.
Offered in partnership between Bank Alfalah Limited and Jubilee Life Insurance Company Limited – Window Takaful Operations, this Shariah-compliant plan combines protection with growth-oriented savings.
- Secure Contributions – Receive the full accumulated cash value at maturity.
- Flexible Coverage – Choose your sum covered with multiples ranging from 5 to 25 (depending on age at entry).
- Family Protection – Beneficiaries receive both the sum covered and the cash value in case of policyholder’s death.
- Shariah-Compliant Investment – Funds invested in Family Takaful Income Fund & Family Takaful Balanced Fund, managed by experts.
- Flexible Payments – Contribute annually, semi-annually, quarterly, or monthly to match your convenience.
Frequency |
Minimum Contribution |
Yearly |
PKR 250,000 |
Half-Yearly |
PKR 125,000 |
Quarterly |
PKR 62,500 |
Monthly |
PKR 20,833 |
Attribute |
Details |
Eligible Age |
18 – 65 years |
Minimum Term |
10 years |
Maximum Term |
57 years |
Free Look Period |
14 days (full refund less medical/clinical exam expenses) |
Beneficiaries may contact Jubilee Life at (021) 111-111-554 and provide:
- Original policy documents
- Completed claim forms (A, B, C, D)
- Medical/treatment records
- Hospital & NADRA-issued death certificate
- Attested CNICs of policyholder & 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
This product is underwritten by Jubilee Life Insurance Company Limited – Window Takaful Operations. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates.