
It is never too early to plan for the future. The Rehnuma Plan helps you prepare for life’s uncertainties with flexible and affordable savings options. It allows you to save at a pace that suits you, while ensuring your family stays protected.
Bank Alfalah, in partnership with Jubilee Life Insurance, offers this plan to give you financial confidence and peace of mind.
Features and Benefits
-
Capital Protection
All your invested premiums are secure. At maturity, you receive the full cash value accumulated during the plan term. -
Flexible Coverage
Choose the sum assured that matches your needs. Multiply your annual premium by a cover multiple (from 5 to 25, subject to age at entry).
Example: If your annual premium is PKR 30,000 and you choose a cover multiple of 40, your sum assured will be PKR 1,200,000. -
Family Security
In case of death during the plan term, beneficiaries receive the higher of the sum assured or the policy’s cash value. -
Expert Fund Management
Invest contributions in your chosen fund (Meesaq, Managed, Capital Growth, or Yaqeen Growth Fund). Funds are managed by professionals to provide strong returns with controlled risk.
Payment Frequency
You can pay premiums annually, semi-annually, quarterly, or monthly:
-
Yearly: PKR 18,000
-
Half-yearly: PKR 9,000
-
Quarterly: PKR 4,500
-
Monthly: PKR 2,500
Eligibility
-
Available to Bank Alfalah customers aged 18 to 65 years
Term of Plan
-
Minimum term: 10 years
-
Maximum term: 57 years
Claims Process
To make a claim, the beneficiary must contact Jubilee Life at (021) 111-111-554 and submit:
-
Original policy documents
-
Completed claim forms A, B, C, and D
-
Full medical and treatment record, including clinical notes
-
Death certificate issued by hospital and NADRA
-
Attested CNIC of life assured and claimant(s)
-
Written intimation mentioning date and cause of death
For murder, suicide, or accidental death, the following are also required:
-
Post-mortem or autopsy report (attested)
-
Newspaper cutting of the event (attested)
-
Police FIR (attested)
-
Medico-legal report (attested)
Additional documents may be required depending on the case.
Disclaimer
This product is underwritten by Jubilee Life Insurance Company Limited. Bank Alfalah Limited and its affiliates do not guarantee or insure this plan.