Adamjee Life Secure Mustaqbil is a unique lif e insurance plan that offers you a combination of investment and protection solutions and the flexibility to customize your plan to cater to y our specific needs. With a variety of riders and features you can tailor your plan to address the following future financial responsibilities.
Saving for children’s wedding
Saving for their education
Saving for your own post retirement income
Saving to buy property or house
Contributions made towards the plan are invested in various investment vehicles including equities, fixed interest instruments, bonds and other money market instruments. Diversification is achieved by selecting mix of instruments in order to optimize the returns. Funds are managed by a team of expert investment managers, who adjust the investment mix in light of economic conditions, market trends and investment opportunities.
Investment Secure Fund:
Is a moderate to low risk profile fund that generates stable & secure returns by balancing the investment in long term money market investments including Govt. securities and bonds as well as equities.
Investment Multiplier Fund:
Is a moderate to high risk profile fund that generates higher returns over the long run with a mix of investments in equities along with money market instruments.
Amaanat Islamic fund:
Is a moderate to low risk profile fund that generates stable returns over the long run with a mix of investments in shariah compliant investment vehicles such as Sukook and strong shariah compliant equities with the balance in cash. You are entitled to two initial free fund switches at anytime during every plan year and each subsequent switch would be charged at Rs. 300.
|Policy & Premium Year||% of Basic Premium Allocated
to Unit Account
|Surrender Charges as % of
Unit Account Value
|4 – 7||100||Nil|
|7 & onwards||103||Nil|
Annual continuation bonuses are provided to customers who continue the policy. The Continuation bonus allocation is as follows:
Policy & Premium Year % of Basic Premium Allocated
to Unit Account
Year 11 30%
Critical Illness Rider (CI):
The CI rider provides coverage against major life threatening diseases mentioned in the policy details. In case the insured is diagnosed with any of the mentioned illnesses a lump sum benefit is paid. This lump sum amount is in addition to your main plan benefit.
Accidental Protection (Death & Disability):
Accidents and mishaps always come unexpected and uninvited and we have to make sure that not only us but our loved ones are protected against such mishaps. With Adamjee Life Accidental Protection you assure that a substantial additional amount is paid to your chosen beneficiary in case of any unfortunate accident that may result in disability or loss of life.
Accidental Protection (Death):
With Adamjee Life Accidental Protection rider the nominated beneficiary receives a lump sum amount in case the insured person dies due to an accident.
Spouse Protection Rider (SPR):
In the unfortunate event of the death of the insured person’s spouse during the enforce term of this rider, a lump sum amount is given to the nominated beneficiary. The feature is aimed at providing complete family coverage to the insured person’s family.
Monthly Income Benefit Rider (MIB):
MIB rider as the name suggests, provides monthly income to the family of the insured for the defined term of income benefit rider from the date of death or permanent disability
Level Term Insurance Rider (LTR):
This feature guarantees a lump sum amount payable to your chosen beneficiary in case of death of insured person over and above the sum assured and cash value amount.
Waiver of Premium Rider-disability (WOP-Disability):
If God forbid, the insured person gets permanently disabled, Adamjee Life will bear the annual basic premiums for the remaining term of the rider and the insured person will receive the maturity benefit at the end of the policy term. This rider acts as a protection for the insured person’s policy in case of any mishap.
|Min Entry Age||Max Entry Age||Min Policy Term|
(Age nearest birthday)
(Age nearest birthday)
|Min premium||Max Policy Term||Max Paying Term|
|10 years||Up to age 85||25 years|
|Min basic premium||Payment modes|
|Monthly PKR. 2000||Annual|
|Quarterly PKR. 4000||Semi-annual|
|Semi Annual PKR. 6000||Quarterly|
|Annual PKR 8,000||Monthly|