National Life Insurance Co. Ltd.|| Islami Takaful

Product Islami Takaful Four Payment Endowment

Hajj Insurance

Denmohor Insurance

One Payment Endowment

Three Payment Endowments

Four Payment Endowment

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The sum assured is payable in four installments to the policy holder within the duration of the policy. Thus the policy holder can use the money to generate his funds periodically either for expansion of business or house construction or children’s education or marriage or any other purpose. After disbursing the partial payments of 1st, 2nd or 3rd installments if the policy holder dies before the maturity the full amount submitted to the PA(Amanat Fund) with selected profit according to the profit and loss system will be paid to the nominee of the policy holder. Moreover, the rest amount of the payment of policy which would be paid by the policy holder if he lives will be given to the nominee from P.S.A.(Tabaru Fund). Before maturity, the policyholder may draw the paid amount with profit (deducting the service charge).

ISLAMI FOUR PAYMENTS ASSURANCE PLAN

(with profit)

Features & Eligibility:

Types of plan:	It is an Anticipated Endowment Islami Takaful, Assurance plan with four payment.
Minimum entry age:	18 years
Maximum entry age:	55 years
Minimum maturity age:	30 years
Maximum maturity age:	70 years
Policy terms:	12, 16, 20, 24 & 28 years
Mode of payment:	Yearly, Half-yearly
Income tax:	Income tax relief permissible.
Premium Calculation :	Premium rate chart(per thousand) given in the brochure.
Supplementary Rider:	DIAB(Double Indemnity Accidental Benefit) PDAB( Permanent Disability Accident Benefits)

Benefits:

01.	On survival 15% of the sum insured will be paid after ending one fourth of the policy term.
02.	On survival 20% of the sum insured will be paid after ending two fourth of policy term.
03.	On survival 25% of the sum insured will be paid after ending three fourth of policy term.
04.	On survival after maturity the rest 40% of the sum insured with accrued bonus will be Paid.

Death Benefits:

On death within policy term, the amount of money in the Amanat fund with selected profit according to the profit and loss system will be paid to the nominee of the policy holder.

Supplementary Insurance Brochure

Download Brochure

DIAB

PDAB