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Jubilee Mukammal Savings And Insurance Plan
Jubilee Mukammal Savings and Insurance Plan

Smart planning today builds a secure tomorrow. Whether it’s buying your dream home or giving your children the education they deserve, your financial choices shape your family’s future.

The Jubilee Mukammal Savings and Insurance Plan, offered by Bank Alfalah in partnership with Jubilee Life Insurance Company Limited, safeguards your savings while helping you grow them for the years ahead.

Key Features & Benefits

  • Capital Protection: Receive the full cash value of your policy at maturity.
  • Flexible Coverage: Choose your preferred sum assured by multiplying your annual basic premium by a cover multiple (5 to 254).
    • Example: PKR 36,000 annual premium × 10 cover multiple = PKR 360,000 sum assured.
  • Life Coverage: In case of death, beneficiaries receive either the sum assured or the policy’s cash value—whichever is higher.
  • Investment Choice: Invest in Meesaq, Managed, Capital Growth, or Yaqeen Growth Fund—managed by experts for optimal returns with balanced risk.
  • Supplementary Protection (Optional):
    • Medipal: Covers hospitalization due to illness or accident.
    • Cancer Protection Rider: Provides financial support upon cancer diagnosis, depending on the stage.
 

Plan Highlights:

Age at Entry:

  • 18 to 55 years
 

Plan Term:

  • 10 to 57 years (maturity by age 75)

 

Maximum Age at Maturity:

  • 57 years

 

Minimum Contribution:

  • PKR. 36,000

 

Payment Modes:

  • Annual
 

Free Look Period

Cancel within 14 days of receiving policy documents for a full premium refund (less medical examination costs).

 

How to Claim – Death Claim

Beneficiary should contact Jubilee Life at (021) 111-111-554 and submit:

  • Original policy documents
  • Completed claim forms (A, B, C, D)
  • Complete medical/treatment records from onset of treatment
  • Death certificate (Hospital & NADRA)
  • Attested CNIC copies of life assured and claimant(s)
  • Written intimation with date and cause of death

For Murder, Suicide, or Accidental Death:

  • Attested post-mortem/autopsy report
  • Attested newspaper clipping
  • Attested Police FIR
  • Attested medico-legal report
     

Claims Department – Jubilee Life Insurance Company Limited
74 / 1 – A, Lalazar, M.T. Khan Road, Karachi – 74000, Pakistan
Phone: 92-21-35205095, 92-21-35205094, 021-111-111-554
Fax: 92-21-35610959
Email: info@jubileelife.com

Additional documents may be requested based on the case.

 

Disclaimer

This product is underwritten by Jubilee Life Insurance Company Limited. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates.