Monthly Annuity Benefit

On survival of the insured till maturity of the policy, the Monthly Annuity Benefit will be given as per the term selected by the insured. The term can be 5, 10, 15 or 20 years. The units will remain invested and will grow over the annuity term as well.

Choice of Insurance Coverage

You have the option to choose from the different levels of life insurance through protection multiples with the same premium amount. The maximum coverage can be up to 200 times your premium amount.

Protection Benefit

In case the policy owner dies during the plan term, the sum assured or accumulated account value whichever is higher less any partial withdrawals and indebtedness, will be paid to the beneficiary(ies). The plan has a built in 5 cover multiples feature.

Plan Maturity Benefit

At the time of maturity of the policy term the insured will get the amount equal to his/her account value.

Account Value Build up and Unit Accumulation

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 a mix of instruments which also optimize returns. The returns earned after deduction of risk, monthly administration and investment management charges are credited to the unit account balance and accumulate as the policyholder’s cash value. Funds are managed by a team of expert investment managers at Adamjee Life, who adjust the investment mix in light of economic conditions, market trends and investment opportunities.

Partial Withdrawal

The plan offers the option of making partial withdrawals from your account value after the plan has been enforce for 3 years. Withdrawals can be made 4 times a year and are limited to 50% of the net cash surrender value subject to maintaining a minimum balance of Rs. 10,000.

Policy Surrender

After the completion of one policy year in which you have made on time full premium payments, you can surrender your policy. At the time of surrender, you will be paid in full the Cash Value of your fund. There will be no surrender penalty after the completion of 1st year. A surrender penalty of 100% will be charged if the policy is surrendered in the first year.

Free-Look Period

Adamjee Life offers a free look period of 14 days during which you can review your policy terms and conditions and cancel the policy if needed. Your premium will be refunded on receipt of written request within 14 days from the date of receipt of the policy document. Please note that Adamjee Life reserves the right to deduct the expenses incurred on medical examination.

Investment Secure Fund

To offer steady returns, the portfolio offers investment in a variety of Government and fixed income securities with minimal exposure in equities.

Investment Multiplier Fund

To offer maximum returns, the portfolio is diversified and balanced with a mix of equity investments, real estate, Government and fixed income securities.

Critical Illness Rider (CI)

A lump sum benefit is paid to you in case you are diagnosed with one of the listed 20 diseases during the enforce term of this rider. This lump sum benefit is additional to your main plan benefit.

Accidental Death and Accidental Disability Benefit (AD and D):

A lump sum benefit is paid to you or your chosen beneficiary in case of accidental death or accidental permanent disability.

Spouse Protection Rider (SPR)

In the unfortunate event of the death of the insured person’s spouse during the enforce term of this rider, the rider sum assured is payable. The feature is aimed at providing complete family coverage to the insured person’s family.

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-Death (WOP-Death)

On death of the insured person, Adamjee Life will pay the initial (un-escalated) basic premiums for the remaining term of the rider. The beneficiary will receive the maturity benefit at the end of the policy term.

Life Save Rider

To provide adequate coverage to the policy holders upon being diagnosed with one of the following critical illness.

• Heart disease
• Cancer
• Organ Transplant

Rider will provide coverage of up to Rs. 500,000/-

Monthly Income Benefit Rider

On death or permanent and total disability of the insured person during the inforce term of this rider, a fixed monthly amount is payable for the remaining term of the rider.

Waiver of Premium Rider-disability (WOP-Disability)

On total permanent disability of the insured person, Adamjee Life will pay the initial (un-escalated) basic premiums for the remaining term of the rider. The policy holder or beneficiary will receive the maturity benefit at the end of the policy term.

Accidental Death and Disability Rider

On accidental death or permanent and total disability by accident of the insured person during the inforce term of this rider, the rider sum assured is payable to the insured or the beneficiary.