A long-term retirement savings plan that gives you control over your future by providing you the
flexibility to select the protection level and investment that best suits your needs.
Minimum premium amount
option of PKR 18,000/-
biannually and yearly-premium payment options.
Option of surrendering the policy
after two years, if initial two years’ premiums has been paid in full.
14 days free look up period
allowing you to review your policy terms & conditions and cancel the policy,
1. Automatic cover maintenance: In case of non-payment of the premium after two years, eligibility for the life insurance cover will remain, provided that the plan's cash value is sufficient to pay for charges made against the policy.
2. Ad hoc (Top-up premium): To invest additional contributions in your plan in any given year, add them on top of your existing premium amount to enhance your cash value.
3. Partial withdrawal: Withdraw any amount to meet a sudden need, without surrendering your policy. However the residual cash value of your policy after withdrawal should be greater than or equal to Rs.15,000*.
4. Waiver of premium: Six month premium to be paid by Jubilee life insurance in case of account holders inability to do so because of an illness or disability.
*The minimum residual cash value may be revised by the company.
*All charges can be revised by the Jubilee Life Insurance.
For further details contact Jubilee Life Insurance advisors at HBL branches or call: (021) 111 111 554 (111 111 JLI), SMS: *JUBILEELIFE* to 8398.