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Products / IGI Life Parvaaz Takaful Plan

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IGI Life Parvaaz Takaful Plan

IGI Life Parvaaz Takaful Plan

Soneri Bank
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About This Product

IGI Life Parvaaz Takaful Plan is a science-backed wellness program that helps you make positive change to your health. Get the knowledge, tools and motivation you need to do well on your journey towards healthy living. Not only IGI Life Parvaaz Takaful Plan encourage you to get healthier, but research also shows that engaged members have lower healthcare cost too.

Other Details

Protection Benefit Yes
Maturity Benefit Yes
Annuity Benefit Yes
Financial Security Yes
Elaj Aasan Yes
Income Tax Benefit Yes
Vitality Benefits Yes
Free Look Period Policyholder can cancel the policy in 14 days
Enrollment Age 18 to 65 years
Mnimum Premimum Rs. 250,000
Administration fee Rs. 175 per month
Partial withdrawal Yes
Switching Fee Rs. 500 per switch
Mudarib Share 40% of the investment share on the basis of individual PTF(if any)
Bid/ Offer Spread 5%
Wakalatul Istismar fees 0.125% of Participant's Investment Account (PIA) value per month
Takaful Operator's Managment 35% of each month's Takaful contributions
Wakalah fee 50% ist/2nd year and NIL 3rd year
Processing Fee PKR 500 on each partial withdrawal and complete surrender.
Vitality Fee PKR 320 at the beginning of each month
Sum Assured Annualized Basic Premium / Cover Multiple
Unique Feature Vitality Integrated Takaful Membership

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IGI Life Parvaaz Takaful Plan

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