Key Benefits:

• Protection Benefit
• Choice of Insurance Coverage
• Maturity Benefit
• Saving Booster (Ad-hoc Premium)
• Loan Facility
• Partial Withdrawal
• Inflation Protection (Optional)
• Accidental Death & Disability Benefit

Free Look Period:

The plan offers a free-look period of 14 days during which you can cancel your policy by contacting Adamjee Life, and have your premium refunded. However, Adamjee Life reserves the right to deduct the expenses incurred on medical examination(s) of the Life Assured in connection with the issuance of this Policy (if any).

Fund Management:

1. Low or Conservative Risk Funds:

   Investment Secure Fund (Income Fund): Low risk fund with aim to offer regular and steady returns from investment in wide variety of fixed income securities including bank deposits, government Securities etc without any exposure to corporate bonds and equities.

2. Moderate to High Risk Funds:

   Investment Multiplier (Aggressive Fund): High risk fund with aim to earn higher returns in medium to long term by investing in diversified mix of equities, fixed income instruments and real estate.

   Amaanat Fund (Balanced Fund): Medium Risk fund with aim to provide growth in investment value by investing in shariah compliant debt instruments, equities and real estate.

   Managed Growth Fund (Balanced Fund):Medium risk fund with aim to provide growth in investment value by investing in fixed income instruments, equities and real estate.

    

Policy Eligibility:

• Minimum Entry Age: 18 years (Age Next Birthday)
• Maximum Entry Age: 70 years (Age Next Birthday)
• Minimum Policy Term: 10 years
• Maximum Policy Term: 40 years or up to age of 80 exact, whichever comes first.
• Maximum Paying Term: Equal to cover term

Payment Modes:

Charges:

• Policy Fee: Nil
• Management & Administration Charges: An annual charge of 1.75% of the Cash Value deducted on a monthly basis.
• Bid / Offer Spread: 5% of all premiums allocated to the Unit Account.
• Surrender Fee / Partial Withdrawal Fee: PKR 500 per surrender or partial withdrawal.
• Fund Switching: The first two switches in a Policy Year are free. A charge of PKR 300 will be made for any further switches in that Policy Year.

*All charges are reviewable by the Company

Apply for Adamjee Life Tameer Education Plan today

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to: https://www.adamjeelife.com/en/bancassurance

Note:

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by MCB Bank or its affiliates and is not a product of the Bank.
• MCB Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd. which underwrites the policy and shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimants(s)
• Adamjee Life Tameer Education Plan is a Unit Linked Plan which is subject to investment risk. The investment risk shall be borne by the policyholder and actual maturity and surrender values may be lower or higher than the projected figures.
• All Adamjee Life Tameer Education Plan applications are processed and approved by Adamjee Life Assurance Co. Ltd., as per their underwriting guidelines. MCB Bank is not responsible for processing and approval of these applications in any way, whatsoever.
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contracts works is given in “Terms & Conditions” attached with the policy document, which will be provided after the policy is issued
• The past performance of the investment fund is not necessarily a guide to future performance. Any forecast is not necessarily indicative of future or likely performance of the funds and neither Adamjee Life Assurance Co. Ltd. nor MCB Bank will incur any liability for the same.
• A personalized illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for a detailed understanding of the various terms and conditions along with in the projected cash values. These values are only for understanding purpose and can be go up or down and not guaranteed.

Key Benefits:

• Protection Benefit
• Choice of Insurance Coverage
• Maturity Benefit
• Saving Booster (Ad-hoc Premium)
• Loan Facility
• Partial Withdrawal
• Inflation Protection (Optional)
• Annuity Benefit (Optional)

Free Look Period:

The plan offers a free-look period of 14 days during which you can cancel your policy by contacting Adamjee Life, and have your premium refunded. However, Adamjee Life reserves the right to deduct the expenses incurred on medical examination(s) of the Life Assured in connection with the issuance of this Policy (if any).

Fund Management:

1. Low Risk Funds:
   • Investment Secure Fund (Income Fund): Low risk fund with aim to offer regular and steady returns from investment in wide variety of fixed income securities including bank deposits, government Securities etc without any exposure to corporate bonds and equities.
2. Moderate to High Risk Funds:
   • Investment Multiplier (Aggressive Fund):High risk fund with aim to earn higher returns in medium to long term by investing in diversified mix of equities, fixed income instruments and real estate.
   • Amaanat Fund (Balanced Fund):Medium Risk fund with aim to provide growth in investment value by investing in shariah compliant debt instruments, equities and real estate.
   • Managed Growth Fund (Balanced Fund):Medium risk fund with aim to provide growth in investment value by investing in fixed income instruments, equities and real estate.

Policy Eligibility:

• Minimum Entry Age: 18 years (Age Next Birthday)
• Maximum Entry Age: 70 years (Age Next Birthday)
• Minimum Policy Term:10 years
• Maximum Policy Term: 40 years or up to age of 80 exact, whichever comes first.
• Minimum Premium Paying Term:10 years
• Maximum Paying Term: Equal to cover term

Payment Modes:

Charges:

• Policy Fee: Nil
• Management & Administration Charges: An annual charge of 1.75% of the Cash Value deducted on a monthly basis.
• Bid / Offer Spread: 5% of all premiums allocated to the Unit Account.
• Surrender Fee / Partial Withdrawal Fee: PKR 500 per surrender or partial withdrawal.
• Fund Switching: The first two switches in a Policy Year are free. A charge of PKR 300 will be made for any further switches in that Policy Year.
• Mortality charges: Applied on Sum at Risk on attained age basis.

*All charges are reviewable by the Company

Apply for Adamjee Life Save and Assure Plan today

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to: https://www.adamjeelife.com/en/bancassurance

Note:

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by “Bank” or its affiliates and is not a product of the MCB Bank.
• MCB Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd. which underwrites the policy and shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimants(s).
• Adamjee Life Save & Assure Plan is a Unit Linked Plan which is subject to investment risk. The investment risk shall be borne by the policyholder and actual maturity and surrender values may be lower or higher than the projected figures.
• All Adamjee Life Save & Assure Plan applications are processed and approved by Adamjee Life Assurance Co. Ltd., as per their underwriting guidelines. MCB Bank is not responsible for processing and approval of these applications in any way, whatsoever.
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contracts works is given in “Terms & Conditions” attached with the policy document, which will be provided after the policy is issued.
• The past performance of the investment fund is not necessarily a guide to future performance. Any forecast is not necessarily indicative of future or likely performance of the funds and neither Adamjee Life Assurance Co. Ltd. nor “Bank” will incur any liability for the same.
• A personalized illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for a detailed understanding of the various terms and conditions along with in the projected cash values. These values are only for understanding purpose and can be go up or down and not guaranteed.

Continuation Bonus:

Adamjee Life Maymar Mustakbil Plan rewards regular premium payments and plan continuity in the form of continuation bonuses. The extra units are allocated to your account value. This extra unit allocation is in addition to the basic units of allocations. The Continuation Bonus allocation for Adamjee Life Maymar Mustakbil Plan is as follows:

The bonuses are payable subject to timely payment of basic premiums not less than the initial basic premium, given that no partial withdrawals or loans are taken during the term of the policy.

Key Benefits:

• Protection Benefit
• Choice of Insurance Coverage
• Maturity Benefit
• Saving Booster (Ad-hoc Premium)
• Monthly Annuity Benefit (Optional)
• Inflation Protection (Optional)
• Unit Pricing methodology

Free Look Period:

The plan offers a free-look period of 14 days during which you can cancel your policy by contacting Adamjee Life, and have your premium refunded. However, Adamjee Life reserves the right to deduct the expenses incurred on medical examination(s) of the Life Assured in connection with the issuance of this Policy (if any).

Investment Options – An Opportunity for Growth

Premiums paid for Adamjee Life Maymar Mustakbil Plan shall be invested by default in low risk fund. However, you may choose to invest in a moderate to high risk funds described below that suits your investment strategy and risk appetite. The returns earned after deduction of risk charges, monthly admin fee and investment management charges are credited to the unit account balance and accumulate as the policyholder’s cash value.

1. Low Risk Funds:
   • Investment Secure Fund (Income Fund): Low risk fund with aim to offer regular and steady returns from investment in wide variety of fixed income securities including bank deposits, government Securities etc without any exposure to corporate bonds and equities.
2. Moderate to High Risk Funds:
   • Investment Secure Fund II (Income Fund) Moderate risk fund with aim to offer regular and steady returns from investment in wide variety of fixed income securities including bank deposits, government Securities, corporate bonds etc without any exposure to equities.
   • Managed Growth Fund (Balanced Fund):Medium risk fund with aim to provide growth in investment value by investing in fixed income instruments, equities and real estate.
   • Investment Multiplier (Aggressive Fund)High risk fund with aim to earn higher returns in medium to long term by investing in diversified mix of equities, fixed income instruments and real estate.

Basic Premium and Payment mode:

For Premium Paying term Less Than 10 Years

For Premium Paying term >= 10 Years

Policy Terms & Eligibility

• Minimum Entry Age: 18 years
• Maximum Entry Age: 65 years
• Minimum Policy Term: 10 years
• Maximum Policy Term: 25 years or up to age of 80 exact, whichever comes first
• Minimum Paying Term: 5 Years
• Maximum Paying Term: Equal to cover term

Charges

Policy Fee: Nil

Administration Expense: Nil

Management Charge: An annual charge of 1.75% of the Cash Value deducted on a monthly basis.

Bid/Offer Spread: 5% of all premiums allocated to Unit Account.

Surrender Charge: Rs. 500/=

Mortality Charge: Applied on Sum at Risk on attained age basis.

Fund Switching: The first two switches in a Policy Year are free. A charge of Rs. 300 will be made for any further switches in that Policy Year

All charges are reviewable by the Company

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to: https://www.adamjeelife.com/en/bancassurance

Disclaimers:

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by “MCB Bank” or its affiliates and is not a product of the Bank.
• The Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd which underwrites the policy and the Bank shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimant(s).
• Adamjee Life Maymar Mustakbil Plan is a Unit Linked Plan which is subject to investment risk. The investment risk shall be borne by the policyholder and actual maturity and surrender values may be lower or higher than the projected figures.
• Adamjee Life Maymar Mustakbil Plan applications are processed and approved by Adamjee Life, as per their underwriting guidelines. MCB is not responsible for the processing and approval of these applications in any way, whatsoever.
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the policy provisions, which will be provided after the policy is issued.
• The past performance of the investment fund is not necessarily a guide to future performance. Any forecast made is not necessarily indicative of future or likely performance of the funds and neither Adamjee Life Assurance Company Ltd. nor MCB Bank will incur any liability for the same.
• A personalised illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for a detailed understanding of the various Terms and Conditions along with the projected cash values. These values are only for understanding purposes and can go up or down, and are not guaranteed.

Free-Look Period

The plan offers a free-look period of 14 days during which you can cancel your policy by contacting Adamjee Life, and have your premium refunded.

Key Benefits:

• Complimentary Outpatient Care Benefit
• E – Consultation Services for Customer’s spouse and children.

Policy Terms & Eligibility

• Minimum Entry Age: 18 years
• Maximum Entry Age: 59 years
• Cover is available for one year term and is annually renewable.
• It provides coverage up to maximum age of 60 years

Exclusions*

• The Company shall not be liable to make any payment in respect of death arising directly or indirectly from or traceable to:
• Pre-existing medical conditions.
• No benefits shall be paid under this Policy as a result of the insured, whether as a combatant or a non-combatant, participating actively in acts of terrorism.
• Suicide
• Participation in combat duties, military exercises or any active service within any military, naval, air, police or correctional services body.
• The commission of or attempted commission of an assault or any unlawful act, or being engaged in any illegal activity, including but not limited to self-harm, drug overdose, alcohol abuse.
• Entering, servicing, operating, travelling in or ascending into or descending from any aircraft or aerial craft or device except as a fare paying passenger in an aircraft operated on a regular schedule by an incorporated common carrier for passenger service over its established air route.

*For detailed exclusions, please review the terms and conditions

*For detailed exclusions, please review the terms and conditions Apply for Adamjee Life Protection Plus Plan today

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to: https://www.adamjeelife.com/en/bancassurance

Disclaimers

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by “Bank” or its affiliates and is not a product of the Bank.
• Adamjee Life Protection Plus Plan applications are processed and approved by Adamjee Life, as per their underwriting guidelines. MCB is not responsible for the processing and approval of these applications in any way, whatsoever
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the ‘Terms and Conditions’, which will be provided after the customer avails the service.
• MCB Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd which underwrites the policy and the Bank shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimant(s).

Free- Look Period

The plan offers a free-look period of 14 days during which you can cancel your policy by contacting Adamjee Life, and have your premium refunded.

Eligibility

MCB Bank customers within the age bracket of 18-59 years can subscribe to Adamjee Life Protect Plan. The product provides coverage up to a maximum of 60 years of age. 90 days waiting period shall be applicable from policy commencement date for death due to pre-existing medical conditions.

How to Subscribe?

You can subscribe to Adamjee Life Protect Plan through MCB Live app and website. Just sign-in/up your MCB Live app/website account and complete the Adamjee Life Protect Plan form. You will be required to provide your beneficiary details along with a consent for deduction of the chosen premium from your account. Within 24 hours of subscription, you will be able to access your coverage documents along with the detailed policy terms and conditions via link that will be shared via SMS and/or email by Adamjee Life Assurance Company Limited. For step by step instructions on how to book Adamjee Life Protect Plan through MCB Live, please visit: Click here

Exclusions*

The Company shall not be liable to arises make any payment in respect of death arising directly or indirectly from or traceable to:

• Death due to any pre-existing condition within 90 days of the commencement date.
• No benefits shall be paid under this Policy as a result of the insured, whether as a combatant or a non-combatant, participating actively in acts of terrorism.
• Suicide
• Participation in combat duties, military exercises or any active service within any military, naval, air, police or correctional services body;
• Participation in hazardous or professional sports/activities;
• The commission of or attempted commission of an assault or any unlawful act, or being engaged in any illegal activity, including but not limited to self-harm, drug overdose, alcohol abuse;
• Entering, servicing, operating, travelling in or ascending into or descending from any aircraft or aerial craft or device except as a fare paying passenger in an aircraft operated on a regular schedule by an incorporated common carrier for passenger service over its established air route.

*For detailed exclusions, please review the terms and conditions

Disclaimers

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by “Bank” or its affiliates and is not a product of the Bank.
• Adamjee Life Protect Plan applications are processed and approved by Adamjee Life, as per their underwriting guidelines. MCB is not responsible for the processing and approval of these applications in any way, whatsoever.
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the ‘Terms and Conditions’, which will be provided after the customer avails the service.
• The Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd which underwrites the policy and the Bank shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimant(s).

Apply for Adamjee Life Protect Plan today

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to:https://www.adamjeelife.com/en/bancassurance

Benefit Limits per Insured Person

Premium

You can opt any of the above offered coverages by paying premium:

Eligibility

MCB Bank customers within the age bracket of 18-59 years can subscribe to Adamjee Life Sehat Zamanat. The product provides coverage up to a maximum of 60 years of age. 15 days waiting period from policy commencement date shall be applicable for sickness related hospitalization

How to Subscribe?

You can subscribe to Adamjee Life Sehat Zamanat Plan through MCB mobile app and website. Just sign-in/up your MCB mobile app/website account and complete the Adamjee Life Sehat Zamanat Plan form. You will be required to provide your beneficiary details along with a consent for deduction of the chosen premium from your account. Within 24 hours of subscription, you will be able to access your coverage documents along with the detailed policy terms and conditions via link that will be shared via SMS and/or email by Adamjee Life Assurance Company Limited.

Exclusions*

The Company will not be liable to pay a benefit if any claim arises directly or indirectly from:

• Pre-existing medical conditions
• Hospital confinement of less than 24 hours.
• Sickness related hospitalization claim during the waiting period
• Any OPD medical treatment in the hospital/any cosmetic procedure/mental or nervous disorders or disease.
• Congenital anomalies and conditions arising out of or resulting there from
• Self-inflicted injury/suicide
• Hazardous occupation and duties in armed services
• Extreme/Professional sports
• War/War-like operations
• Involvement in illegal activities
• The use of nuclear, biological, chemical or explosive weapons or any radioactive contamination
• HIV / AIDS
• Pregnancy, childbirth, abortion or miscarriage
• An insured Person involved in an Accident while the insured Person
  • was driving any kind of vehicle under the influence of alcohol.
  • had taken a drug, unless it is proved that the drug was taken in accordance with proper medical prescription and not for treatment of drug addiction

*For detailed exclusions, please review the terms and conditions

Disclaimers

• This product is underwritten by Adamjee Life Assurance Co. Ltd. It is not guaranteed or insured by “Bank” or its affiliates and is not a product of the Bank.
• Adamjee Life Sehat Zamanat Plan applications are processed and approved by Adamjee Life, as per their underwriting guidelines. MCB bank is not responsible for the processing and approval of these applications in any way, whatsoever.
• This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the ‘Terms and Conditions’, which will be provided after the customer avails the service.
• The Bank is acting as a corporate insurance agent of Adamjee Life Assurance Co. Ltd. which underwrites policy and the Bank shall not be held responsible for any liability under the policy in any manner whatsoever to the policyholder(s) or claimant(s).

Apply for Adamjee Life Protect Plan today

For further details, please contact our Bancassurance Sales Manager / Officer at one of the selected MCB Bank Branches, or call 111-000-622.

For brochure kindly refer to: https://www.adamjeelife.com/en/bancassurance