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| Maturity Benefit | Enrollment Age | Minimum Term Plan | Maximum Term | Administration fee | Initial Charges | |
|---|---|---|---|---|---|---|
| Yes | 18 to 65 years | 10 Years | 57 Years | Rs. 145 per month | 5% bid-offer spread |
Maturity Benefit
Yes
Enrollment Age
18 to 65 years
Minimum Term Plan
10 Years
Maximum Term
57 Years
Initial Charges
5% bid-offer spread
Protection Benefit
Yes
Accidental Death & Disability Benefit
Yes
Annuity Benefit
Yes
Financial Security
Yes
Elaj Aasan
Yes
Life Insurance
No
Free Look Period
Policyholder can cancel the policy in 14 days
Allocation fee
Amount of regular basis contributions not allocated to the PIA
Investment managment fee
1.5% p.a of the net asset value in PIA
Switching Fee
Four switching are free per year, more than that with 500 Rs. deduction
Mudarib Share
40% of the investment share on the basis of MUDARABAH
Wakalah Fee from IFTPF(PTF)
Is deducted as Wakalah Fees from IFTPF(PTF)
