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Jubilee Rahat Savings And Protection Plan
Jubilee Rahat Savings and Protection Plan

(Women-Specific Plan)

 

At every stage of life, women lead with strength and vision. Whether you are an entrepreneur, a mother, or a daughter, your goals deserve support. The Jubilee Rahat Savings and Protection Plan, offered by Bank Alfalah in partnership with Jubilee Life Insurance Company Limited, is designed exclusively for women. It helps you save, invest, and protect your future while securing your loved ones.


Key Features & Benefits

  • Guaranteed Savings: All your invested premiums are secure. At maturity, you receive the full cash value accumulated during your plan’s term.

  • Flexible Coverage: Choose the sum assured that matches your needs.
  • Comprehensive Protection: In case of death during the plan term, beneficiaries receive the sum assured or the cash value, whichever is higher.
  • Customizable Sum Assured: Multiply your annual basic premium by a cover multiple (5 to 254)* to set your coverage.
    • Example: An annual premium of PKR 100,000 with a cover multiple of 10 provides PKR 1,000,000 in coverage.
  • Expert Fund Management: Invest in one or more funds—Meesaq, Managed, Capital Growth, or Yaqeen Growth—managed by professionals for optimized returns with managed risk.
  • Spouse Coverage Option: If selected, an additional amount equal to one time the sum assured is paid in case of accidental death of the spouse.

 

Plan Highlights:

Age at Entry:

  • 18 to 65 years

 

Plan Term:

  • 10 to 57 years

 

Maximum Age at Maturity:

  • 57 years

 

Minimum Contribution:

  • PKR. 36,000

 

Payment Modes:

  • Monthly, Quarterly, Semi-Annual or Annual.


Free Look Period

Cancel within 14 days of receiving your policy documents to get a full refund, minus any expenses for medical or clinical examinations.


Claim Process

In the event of a claim:

  1. Call Jubilee Life at (021) 111-111-554.
  2. Submit the following:
    • Original policy documents
    • Claim Forms A, B, C, D
    • Medical/treatment records and clinical notes
    • Death certificate (Hospital & NADRA)
    • Attested CNIC of life assured and claimant(s)
    • Written intimation stating date and cause of death

For murder, suicide, or accidental death, also provide:

  • Post-mortem/autopsy report (attested)
  • Newspaper cutting (attested)
  • FIR (attested)
  • Medico-legal report (attested)

Additional documents may be requested depending on the case.


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


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