Secure your family’s tomorrow with savings, protection, and peace of mind.

Pure joy is knowing that your loved ones are safe and cared for, no matter what life brings. The Jubilee Shama Takaful Plan empowers you to protect your family from future financial uncertainty while building savings that grow with time. With flexible contribution options, built-in Cancer Protection, and a wide range of supplementary benefits, this plan ensures both long-term financial security and immediate support when needed most.
 

Key Features & Benefits

• Cancer Protection Rider (Built-in)
  Provides financial coverage in case of a cancer diagnosis, with benefits payable depending on the stage (Early or Late) — so you can focus on treatment and recovery.
• Flexible Coverage
  Choose the sum assured by selecting a cover multiple (5 to 25) of your annual contribution to match your financial goals.
• Secure & Guaranteed
  All invested contributions are fully protected. At maturity, you receive the entire accumulated cash value of your policy.
• Family Protection
  In case of the life assured’s death during the plan term, beneficiaries receive the higher of the sum assured or accumulated cash value.
• Inflation Protection
  Option to increase contributions to safeguard savings against inflation.
• Fund Investment Choices
  Contributions can be invested in funds managed by professionals — Meesaq, Managed, Capital Growth, or Yaqeen Growth Fund — designed to provide optimal returns while minimizing risk.
• Partial or Full Withdrawals
  Flexibility to withdraw your accumulated cash value if needed.
• Top-up Option
  Add extra savings at any time to grow your investment.
   

Supplementary Benefits (Optional Riders)

Enhance your protection at a modest extra cost:

• Waiver of Contribution Takaful Benefit
• Accidental Death or Dismemberment Benefit
• Accidental Death Supplementary Benefit
• Permanent Total Disability Benefit
• Critical Illness Takaful Benefit
• Family Income Benefit
• Jubilee MediPal Takaful Benefit
   

Plan Highlights:

• Age at Entry: 18 to 65 years

• Plan Term:  10 to 57 years (maturity up to age 75)

• Maximum Age at Maturity: 75 years

• Minimum Contribution: PKR 250,000

• Payment Modes: Annual

Free Look Period

If you cancel your policy within 14 days of receiving the policy documents, you are entitled to a refund of your contribution (less any expenses incurred for medical/clinical examinations).
 

Claims Process

In the event of a claim, the beneficiary must contact Jubilee Life Insurance at (021) 111-111-554 and submit the following documents:

Required Documents:

• Original Policy Documents
• Claim Forms A, B, C, D
• Medical/Treatment Records (including clinical notes)
• Death Certificate (Hospital & NADRA)
• Attested CNIC copies of life assured and claimant(s)
• Written intimation with date and cause of death

Additional (for Accidental Death, Murder, or Suicide):

• Post Mortem/Autopsy Report (Attested)
• Newspaper Cutting (Attested)
• Police FIR (Attested)
• Medico-Legal Report (Attested)

Note: Further requirements may apply depending on the case.
 

Claims Department Contact

Jubilee Life Insurance Company Limited
Claims Department
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

The Jubilee Shama Takaful Plan is underwritten by Jubilee Life Insurance Company Limited. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates