Plan today, live worry-free tomorrow. EFU Takaful Savings Plan helps you save and invest for life’s most important milestones — children’s education, marriage, retirement, or any other need. Along with savings growth, it provides family takaful cover to secure your loved ones financially.
This plan is Shariah-compliant and reviewed by Mufti Muhammad Ibrahim Essa, Shariah Advisor of EFU Life Window Takaful Operations.
Why Choose EFU Takaful Savings Plan?
- Dual Benefit – Savings + family takaful protection.
- Flexible Goals – Save for education, retirement, marriage, or long-term needs.
- Unit-Linked Growth – Investment linked to underlying assets for potential higher returns.
- Shariah-Compliant – Guided by Islamic finance principles.
- Long-Term Planning – Substantial payout at the end of your savings term.
- Protection: Family takaful cover to safeguard your loved ones.
- Investment: Linked to the performance of underlying unit-linked funds.
Plan Highlights:
Eligible Age: 18 – 65 years
Minimum & Maximum Membership Term:10-40 years
Maturity Age: Up to 75 years
Minimum Annual Contribution: Rs. 30,000
Mode of Contribution: Annual
Sum Covered Multiples: 5 or 25
How it Works
- You select your annual contribution amount and membership term.
- Contributions are invested in unit-linked funds.
- Your savings grow over time, along with family takaful protection.
- At maturity, you receive the accumulated funds to use as you wish.
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 Membership Document
- Claim Forms
- Death Certificate (Hospital and NADRA issued)
- Attested CNIC of both member 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
Free Look Period
If you cancel within 14 days of receiving your Participant’s Membership Document (PMD), you are entitled to a full refund of your contribution, less medical/clinical exam expenses.
Disclaimer
The EFU Takaful Savings Plan is underwritten by EFU Life -WTO. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates. Terms and conditions apply.