IGI Life Income Builder Plan

Products / IGI Life Income Builder Plan

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About This Product

IGI Life Income Builder Plan__ is specifically designed for soneri bank's customers and is not available for public at large stage. With peace and security in mind the plan provides insurance coverage in case of the unfortunate demise/ disability of the insured while providing market parallel returns on the investment amount.

Other Details

Protection Benefit Yes

Accidental Death & Disability Benefit Yes

Financial Security Yes

Elaj Aasan Yes

Vitality Benefits Yes

Health Insurance Yes

Life Insurance Yes

Free Look Period Policyholder can cancel the policy in 14 days

Enrollment Age 18 to 65 years (Initially)

Shariah Compliant Yes

Mnimum Premimum Rs. 25000 (non-vitality), Rs. 50000 (for vitality)

Minimum Term Plan 10 Years

Administration fee Rs. 150 per month

Bid/ Offer Spread 5%

Transfer fee PKR 500 (for each transfer between investment sub accounts)

Processing Fee PKR 500 on each partial withdrawal and complete surrender.

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