In the unpredictable journey of life, the EFU Aasaan Savings Plan stands as your steadfast companion — offering guaranteed benefits and the potential for your investments to grow. Designed for those who want simplicity, security, and steady rewards, it’s the perfect choice for achieving long-term goals like your child’s education, retirement planning, or building a financial safety net.
Bank Alfalah Limited, in partnership with EFU Life Assurance Ltd., brings you the EFU Aasaan Savings Plan — combining the strength of guaranteed protection with the advantage of profit participation.
Key Features and Benefits
- Guaranteed Sum Assured: Secure your loved ones’ financial future with a guaranteed payout.
- Participating Plan: Benefit from EFU Life’s profits through Reversionary Bonuses, Terminal Bonuses, and other declared benefits.
- Growing Protection: Your life cover keeps increasing as bonuses accumulate over the years.
- Maturity Benefit: Receive the guaranteed Sum Assured plus all accrued bonuses at the end of the policy term.
- Policy Loan Facility: In case of financial emergencies, you can access funds without disrupting your plan.
- Flexible Coverage Term: Choose a plan term from 10 to 30 years, tailored to your financial objectives.
- Additional Riders: Enhance your protection by adding optional riders for more comprehensive coverage.
Plan Highlights
|
Eligible Age |
18 – 65 years |
|
Policy Term |
10 – 30 years |
|
Minimum Annual Premium |
PKR 30,000 |
|
Maturity Age |
Up to 75 years |
|
Mode of Payment |
Annual |
|
Bonuses |
Reversionary & Terminal Bonuses |
|
Death/Maturity Benefit |
Sum Assured + Accrued Bonuses |
|
Policy Loan Option |
Available |
Why Choose EFU Aasaan Savings Plan?
- Peace of Mind: Guaranteed benefits that protect your loved ones.
- Wealth Growth: Bonuses that increase your policy value year after year.
- Flexibility: Access emergency funds when needed through policy loans.
- Legacy Creation: Support your family’s future even when you’re not around.
Free Look Period
If you cancel within 14 days of receiving your policy documents, you will receive a full refund of your premium less any applicable expenses.
Claims Process
In the event of a claim, beneficiaries can contact EFU Life Assurance Ltd. at (021) 111-338-111 and submit the required documents, which may include:
- Original Policy Document
- Claim Forms
- Death Certificate (Hospital and NADRA issued)
- Attested CNIC of both life assured and claimant(s)
- Complete medical/treatment record
Note: Additional documents may be required depending on the nature of the claim.
Contact for Claims
EFU Life Assurance Ltd.
EFU Life House, Plot No. 112, 8th East Street, Phase I, DHA, Karachi, Pakistan
Phone: (021) 111-338-111
Email: csd@efulife.com
Disclaimer
This product is underwritten by EFU Life Assurance Ltd. It is not guaranteed or insured by Bank Alfalah or its affiliates. Bank Alfalah acts only as a distributor and is not liable for settlement of claims. Investment risk is borne by the policyholder, and actual returns may vary.