The Tahaffuz Takaful Plan helps you save flexibly while protecting your family against life’s uncertainties. With this plan, you can build financial security at a pace that suits you.

This plan is offered by IGI Life – Window Takaful Operations and is available exclusively through Bank Alfalah branches.

Features and Benefits

• Secure Contributions
  At maturity, you receive the full Participant Investment Account (PIA) value accumulated during the plan term.

• Flexible Coverage
  Choose the sum cover that fits your needs. Multiply your annual contribution by a cover multiple (5 to 30, subject to age).
  Example: If your annual contribution is PKR 100,000 and you select a cover multiple of 10, your sum cover will be PKR 1,000,000.

• Family Protection
  In case of death during the plan term, beneficiaries receive the higher of the sum cover or the PIA value.

• Investment Options
  Contributions are invested in funds of your choice (Aggressive, Balanced, or Conservative). Expert managers ensure strong returns with controlled risk.

Payment Frequency

• Minimum annual contribution: PKR 18,000

• Payment options: Annual, semi-annual, or quarterly

Eligibility

• Available to Bank Alfalah customers aged 18 to 65 years

Term of Plan

• Minimum term: 10 years

Claims Process

To make a claim, submit the following to IGI Life:

• Completed claimant’s statement (Download Form)

• Completed physician’s statement (Download Form)

• Original or attested Union Council death certificate

• Copy of hospital death certificate

• Original policy document

• Full medical and treatment record of the deceased

• Copies of CNICs of deceased and beneficiary

• Attested copy of FIR or police report (in case of accident)

• Attested copy of post-mortem report (in case of accident)

Additional documents may be required depending on the case.

Disclaimer

The Tahaffuz Takaful Plan is underwritten by IGI Life – Window Takaful Operations. Bank Alfalah Limited and its affiliates do not guarantee or insure this plan.