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Jubilee Rida Marriage Plan
Jubilee Rida Marriage Plan

Plan today for your child’s wedding, so you can enjoy the joy without the stress.

The Jubilee Rida Marriage Plan helps you save over time with scheduled payments. When the day arrives, you’ll have the funds ready — leaving you free to focus on celebrating the occasion.

Bank Alfalah, in partnership with Jubilee Life Insurance Company Limited, brings you this tailored savings and protection solution.
 

Key Features and Benefits:

  • Your invested premiums are fully secured. At maturity, you receive the entire accumulated cash value.
  • Choose a sum assured that suits your needs.
  • Calculate your sum assured by multiplying your annual basic premium with a cover multiple from 5 to 15.
    • Example: Annual premium PKR 100,000 × cover multiple 10 = PKR 1,000,000 sum assured.
  • Maximum sum assured: PKR 3,000,000.
  • In case of the policyholder’s death during the term, beneficiaries receive the higher of the sum assured or cash value.
  • Cover multiples vary by the policyholder’s age at the time of entry.
  • Invest your contributions in your choice of fund(s): Meesaq, Managed, Capital Growth, or Yaqeen Growth Fund — all managed by experts with balanced risk and optimized returns.
     

Plan Highlights:

Age at Entry:

  • 18 to 65 years

 

Plan Term:

  • 10 to 57 years

 

Maximum Age at Maturity:

  • 57 years

 

Minimum Contribution:

  • PKR. 250,000

 

Payment Modes:

  • Monthly, Quarterly, Semi-Annual or Annual.

 

Free Look Period

Cancel within 14 days of receiving your policy documents to get a full premium refund, less any medical examination costs.
 

How to Claim:

  1. Call Jubilee Life at (021) 111-111-554.
  2. Submit:
    • Original policy documents
    • Claim Forms A, B, C, D
    • Complete medical/treatment records
    • Death certificate (hospital and NADRA)
    • Attested CNICs of life assured and claimant(s)
    • Death details (date and cause) from the claimant

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

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

Further 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.