Secure Mustaqbil

Imagine yourself 10 years from now. What do you see?

Your own Home? Well educated and settled children? Or vacations to exotic places?

Adamjee Life products have been designed in such a way that they can be customized to cater your specific needs. Our highly trained Certified Financial Advisors understand your growing financial requirements and provide ideal tailor-made financial solutions.

Adamjee Life Secure Mustaqbil is a unique life 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.

Why Secure Mustaqbil

One Stop Solution

All your financial necessities (saving, Investment and Protection) are ideally fulfilled under one umbrella.

Design your Own Product

It gives you the power to design your own product as per your need with the help of our Certified Financial Advisor Bonus in order to boost your investment, the plan offers a large 30% bonus on 11th year.

Flexibility and Customization

It gives you the flexibility to choose from various diversified investment funds with a combination of investment strategies based on your particular requirements and risk appetite.

Plan Details

  • Additional Plan Benefits

  • Fund Details

  • Account Value Build up and Unit Accumulation

  • Basic Premium Allocation and Surrender Charge

  • Continuation Bonus

  • Optional Plan Benefits

  • Policy Term & Eligibility

  • Minimum Basic Premium and Payment Mode

  • Charges

  • Disclaimer

Additional Plan Benefits

Additional Plan Benefits

Tax Rebate

You can enjoy the benefits of Tax savings on life insurance by investing in the plan.

Cover Multiple

You also have the freedom to increase the financial security for your loved ones by choosing an Enhanced Sum Assured through

Protection Benefit

In case the insured 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).

Plan Maturity Benefit

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

Partial Withdrawal

To make sure that all your urgent monitory requirements are taken care of, the plan offers the option of making partial withdrawals from your account value after the plan has been enforce for 3 years. Partial withdrawals can be taken up to four times in any Policy Year and are limited to 50% of the Net Cash Surrender Value subject to maintaining a minimum Net Cash Surrender Value of Rs. 10,000.

Free-Look Period

The plan offers a free-look period of 14 days, in which you can cancel your policy by contacting Adamjee Life, and have your premium refunded.

Investment Booster: (Ad-Hoc)

By depositing a minimum payment of Rs. 10,000 (over and above your regular premium) you can enhance the growth of your invested capital through Investment Booster. Investment Booster payment which has no upper limit will be allocated at 100% in the unit account and can be made & withdrawn anytime during the plan term to boost your accumulated cash value.

Loan Facility

After first 3 years of the policy term you can take a loan of up to 50% of the net cash sur render value, which is the Account Value minus surrender charge. Loan facility is provided to cater to your short term or immediate financial requirements.

Inflation protection

This is a value-added feature to cover the inflation impact. Your contributions will increase every year by 5% or 10% of the previous years’ contributions with this option. The cash value will also increase accordingly.

Fund Details

Investment Options

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.

Amaanat (Islamic) Fund

A portfolio which offers investment in Shariah compliant equities, Government and fixed income securities.

You are entitled to two initial free fund switches at any time during every plan year and each subsequent switch would be charged at Rs. 300.

Account Value Build up and Unit Accumulation

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 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.

Basic Premium Allocation and Surrender Charge

Basic Premium Allocation and Surrender Charge

As you continue the policy towards its full term, your Account Value will be credited with a proportion of Basic Premiums that you pay. The proportions allocated to your Account Value will be as follows:

Policy & Premium Year % of Basic Premium Allocated to Unit Account Surrender Charges as % of Unit Account Value
1 30 100
2 80 50
3 90 25
4 & onwords 100 Nil

Continuation Bonus

Continuation Bonus

Continuation bonuses are provided at regular intervals during the term of the plan to customers who continue the policy for longer term. Through timely payments of atleast the initial basic premium without utilization of partial withdrawal. The bonus which is in form of additional units in your account value boosts your investment. The continuation bonus allocation is as follows:

Policy & Premium Year % of Initial Basic Premium Allocated to Unit Account
year 7 and onwards 3%
Year 11 30%

Optional Benefits

Optional Benefits

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.

Waiver of Premium Death

On Death of the insured person, Adamjee Life will pay the initial (un-escalated) basic premium for the remaining term of the rider to the beneficiary.

Policy Terms & Eligibility

Policy Terms & Eligibility

Min entry age Max entry age Min policy term
18 years
(Age nearest birthday)
65 years
(Age nearest birthday)
10 years
Min premium Max Policy Term Max Paying Term
10 years up to age 85 25 years

Minimum Basic Premium and Payment Mode:

Minimum Basic Premium and Payment Mode

Min basic premium Payment Mode
Monthly PKR. 2000 Annual
Quaterly PKR. 4000 semi-Annual
Semi-Annual PKR. 6000 Quaterly
Annual PKR. 8000 Monthly



Policy Fee: Nil
Management (& Administration) Charge: An annual charge of 1.75% of the Cash Value deducted on a monthly basis.
Bid/Offer Spread: 5% of all premiums allocated to the Unit Account.
Surrender fee/ partial withdrawal: Rs. 350/=
Fund Switching: The first two switches in a Policy Year are free. A charge of Rs. 300 will be made for any further switches in that Policy Year.



  • Secure Mustaqbil is a Unit Linked Plan which is subject to investment risk and the cash value of the plan will vary directly with the performance of the unit fund.
  • A personalized illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for a detailed understanding of the various Terms and Conditions.
  • All Secure Mustaqbil applications are processed and approved by Adamjee Life, as per their underwriting guidelines.
  • This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the ‘Terms and Conditions’, which will be provided after the customer avails the service.