IGI Life CapitalSure Plan
Make solid and secure investments
A risk-free savings plan, if you prefer to play it safe with your investments, for a secure future. With this plan your premiums are guaranteed, as a lump sum amount, to be paid at the end of your policy term. It is designed to give you complete security and peace of mind making your ‘Har Pal Mehfooz’.
Unit Allocation:
The proportions allocated to your Account Value will be as follows:
Policy Year | Allocation Percentage |
1 | 55% |
2 | 75% |
3 | 95% |
4 & Onwards | 100% |
Account Value Acceleration Premium (AVAP) | 97% |
Key Benefits:
- Partial Withdrawal
- Complete Surrender
- Protection Benefit
- Additional Benefits: Level Term Insurance Rider (LTR), Accident Care Benefit (ACB), Family Protection Rider (FPR), Income Benefit Rider (IBR), Income Benefit -Death (IB-Death), Income Benefit - Disability (IB-Disability), Elaj Aasan (EA), Permanent & Total Disability (PTD) and Health Sure.
- Premium Escalation
Free-Look Period:
CapitalSure offers a free-look period of 14 days during which you can review your policy terms and conditions and cancel the policy. Your premium will be refunded on receipt of written request within 14 days from the date of receipt of policy document. IGI Life Insurance Limited reserves the right to deduct the expenses incurred on medical examination.
Policy Eligibility:
- Minimum Entry Age: 18 year (Age Next Birthday)
- Maximum Entry Age: 65 years (Age Next Birthday)
- Minimum Policy Term: 10 years
- Maximum Policy Term: up to age 85 years
Policy Eligibility:
The minimum annual collected Basic Premium is PKR 8,000.
For Account Value Acceleration Premium payments - Minimum payment is PKR 100,000 with no limit on the maximum.
Payment Modes:
- Annually
- Semi-Annually
- Quarterly
- Monthly
Charges:
In addition to reduced allocation in initial years, following charges would apply on the plan:
- Management Charges: 150 basis points from the annual yield.
- Administration Charges: PKR 150 per month
- Processing Charges: PKR 500 on each partial withdrawal and complete surrenders.
- Surrender (% of Account Value): 100% - Year 1, 100% - Year 2, 25% - Year 3, 15% - Year 4, 10% - Year 5, Nil - Year 6 onwards
*All charges are reviewable by the company
Apply for IGI Life CapitalSure 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://igilife.com.pk/bancassurance/capital-sure/
Note- MCB Bank Limited is acting as a distributor of IGI Life CapitalSure Plan on behalf of IGI Life Insurance Limited, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
- IGI Life Insurance Limited is registered and supervised by Securities and Exchange Commission of Pakistan.
- All applications are processed and approved by IGI Life Insurance Limited, as per their underwriting guidelines. MCB Bank Limited is not responsible for the processing and approval of these applications in any way, whatsoever.
- The aforementioned 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(s) avail the service.
IGI Life IncomeMax Plan
Today’s savings, tomorrow’s income
Gain maximum returns on your savings, with a great mix of investment choices. You can make limited withdrawals at any time for short or mid-term purchases e.g., buying a house and enjoy flexibility to meet any other unexpected financial requirement. At the end of policy term you receive your accumulated investments as a lump sum amount, so you can make your ‘Har Pal Mehfooz’.
Unit Allocation:
The proportions allocated to your Account Value will be as follows:
Policy Year | Allocation Percentages |
1 | 55% |
2 | 80% |
3 | 90% |
4 & Onwards | 100% |
Account Value Acceleration Premium (AVAP) | 100% |
Key Benefits:
- Guaranteed Loyalty Bonus
- Account Value Acceleration Premiums
- Guaranteed Benefits in case of Death
- Partial Withdrawal
- Complete Surrender
- Maturity Benefit
- Additional Benefits: Level Term Insurance Rider (LTR), Accident Care Benefit (ACB), Family Protection Rider - Disability (FPR-Disability), Income Benefit Rider (IBR), Income Benefit -Death (IB-Death), Income Benefit - Disability (IB-Disability), Elaj Aasan (EA), Permanent & Total Disability (PTD) and Health Sure.
- Premium Escalation
Free-Look Period:
If you cancel your policy within a free look period of 14 days from the date of receipt of the policy documents, you are entitled for a full refund of premium less any expenses incurred by IGI Life in connection with your medical or clinical examinations.
Policy Eligibility:
- Minimum Entry Age: 18 year (Age Next Birthday)
- Maximum Entry Age: 65 years (Age Next Birthday)
- Minimum Policy Term: 10 years
- Maximum Policy Term: up to age 85 years
Minimum Basic Premium:
The minimum annual collected Basic Premium is PKR 30,000.
For Account Value Acceleration Premium payments - Minimum payment is PKR 100,000 with no limit on the maximum.
Payment Modes:
- Annually
- Semi-Annually
- Quarterly
- Monthly
Charges:
In addition to reduced allocation in initial years, following charges would apply on the plan:
- Management Charges: 1/12th of 1.5% of account value per month.
- Bid / Offer Spread: 5%
- Administration Charges: PKR 150 per month
- Transfer Fee: PKR 500 per transfer b/w investment sub-accounts.
- Processing Charges: PKR 500 on each partial withdrawal and complete surrenders.
- Surrender (% of Account Value): 100% - 1st & 2nd year, Nil 3rd year onwards.
*All charges are reviewable by the company
Apply for IGI Life IncomeMax 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://igilife.com.pk/bancassurance/income-max/
Note- MCB Bank Limited is acting as a distributor of IGI Life IncomeMax Plan on behalf of IGI Life Insurance Limited, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
- IGI Life Insurance Limited is registered and supervised by Securities and Exchange Commission of Pakistan.
- All applications are processed and approved by IGI Life Insurance Limited, as per their underwriting guidelines. MCB Bank Limited is not responsible for the processing and approval of these applications in any way, whatsoever.
- The aforementioned 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(s) avail the service.
IGI Life RetireEasy Plan
Keep winning the game of life
RetireEasy has been designed to give you a respectable and secure retirement life. You can choose to receive a lifelong monthly income after retirement or a lump sum amount to invest on your own. Continue to support yourself and your family while enjoying the pleasures of a secure retirement, making your ‘Har Pal Mehfooz’.
Unit Allocation:
The proportions allocated to your Account Value will be as follows:
Policy Year | Allocation Percentages |
1 | 55% |
2 | 80% |
3 | 90% |
4 & Onwards | 100% |
Account Value Acceleration Premium (AVAP) | 100% |
Key Benefits:
- Guaranteed Loyalty Bonus
- Account Value Acceleration Premiums
- Guaranteed Benefits in case of Death
- Partial Withdrawal
- Complete Surrender
- Maturity Benefit
- Additional Benefits: Level Term Insurance Rider (LTR), Accident Care Benefit (ACB), Family Protection Rider (FPR) , Income Benefit Rider (IBR), Income Benefit -Death (IB-Death), Income Benefit - Disability (IB-Disability), Elaj Aasan (EA), Permanent & Total Disability (PTD) and Health Sure.
Free-Look Period:
If you cancel your policy within a free look period of 14 days from the date of receipt of the policy documents, you are entitled for a full refund of premium less any expenses incurred by IGI Life in connection with your medical or clinical examinations.
Policy Eligibility:
- Minimum Entry Age: 18 year (Age Next Birthday)
- Maximum Entry Age: 65 years (Age Next Birthday)
- Minimum Policy Term: 10 years
- Maximum Policy Term: up to age 85 years
Minimum Basic Premium:
The minimum annual collected Basic Premium is PKR 30,000.
For Account Value Acceleration Premium payments - Minimum payment is PKR 100,000 with no limit on the maximum.
Payment Modes:
- Annually
- Semi-Annually
- Quarterly
- Monthly
Charges:
In addition to reduced allocation in initial years, following charges would apply on the plan:
- Management Charges: 1/12th of 1.5% of account value per month.
- Bid / Offer Spread: 5%
- Administration Charges: PKR 150 per month
- Transfer Fee: PKR 500 per transfer b/w investment sub-accounts.
- Processing Charges: PKR 500 on each partial withdrawal and complete surrenders.
- Surrender (% of Account Value): 100% - 1st & 2nd year, Nil 3rd year onwards.
*All charges are reviewable by the company
Apply for IGI Life RetireEasy 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://igilife.com.pk/bancassurance/retire-easy/
Note- MCB Bank Limited is acting as a distributor of IGI Life RetireEasy Plan on behalf of IGI Life Insurance Limited, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
- IGI Life Insurance Limited is registered and supervised by Securities and Exchange Commission of Pakistan.
- All applications are processed and approved by IGI Life Insurance Limited, as per their underwriting guidelines. MCB Bank Limited is not responsible for the processing and approval of these applications in any way, whatsoever.
- The aforementioned 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(s) avail the service.
IGI Life Healthy Savings Plan
Pakistan's first active life insurance
The Healthy Savings Plan is a smart investment plan that is linked to the Vitality wellness program. Based on the shared value insurance model, this plan encourages you to lead a healthier life and offers you attractive rewards for doing so.
The plan consists of two core aspects:
- Vitality: focuses on wellness by providing you with an understanding of your current health status and incentivizes you to improve your health.
- Insurance Coverage: caters to your need for financial security and provides investment opportunities.
Unit Allocation:
The proportions allocated to your Account Value will be as follows:
Policy Year | Allocation Percentages |
1 | 55% |
2 | 85% |
3 | 90% |
4 | 100% |
5-10 | 102% |
11-15 | 104% |
16 & Onwards | 105% |
Account Value Acceleration Premium (AVAP) | 100% |
Key Benefits:
- Income Tax Benefit
- Account Value Acceleration Premiums
- Death Benefit
- Vitality Benefits
- Maturity Benefit
- Extra Unit Allocation
- Automatic Cover Maintenance
- Compulsory Supplementary Benefit: Accidental Death Benefit (ADB)
- Additional Benefits: Level Term Insurance Rider (LTR), Accident Care Benefit (ACB), Family Protection Rider - Disability (FPR-Disability), HealthSure, Income Benefit – Death (IBR-Death), Income Benefit – Disability (IBR-Disability), Elaj Aasan (EA), Permanent and Total Disability (PTD) and Accident Medical Expense Reimbursement (AMR).
Free-Look Period:
If you cancel your policy within a free look period of 14 days from the date of receipt of the policy documents, you are entitled for a full refund of premium less any expenses incurred by IGI Life in connection with your medical or clinical examinations.
Policy Eligibility:
- Minimum Entry Age: 18 year (Age Next Birthday)
- Maximum Entry Age: 65 years (Age Next Birthday)
- Minimum Policy Term: 10 years
- Maximum Policy Term: up to age 85 years
Minimum Basic Premium:
The minimum annual collected Basic Premium is PKR 50,000.
For Account Value Acceleration Premium payments - Minimum payment is PKR 50,000 with no limit on the maximum.
Payment Modes:
- Annually
- Semi-Annually
- Quarterly
Charges:
In addition to reduced allocation in initial years, following charges would apply on the plan:
- Management Charges: 0.125% per month
- Surrender Charges (% of Account Value): 100% - 1st & 2nd year, Nil 3rd year onwards.
- Bid / Offer Spread: 5%
- Administration Charges: PKR 100 per month
- Switching Fee: PKR 500 per switch
- Processing Charges: PKR 500 on each partial withdrawal and complete surrenders.
*All charges are reviewable by the company
Apply for IGI Life Healthy Savings 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://igilife.com.pk/bancassurance/igi-life-healthy-savings-plan/
Note- MCB Bank Limited is acting as a distributor of IGI Life Healthy Savings Plan on behalf of IGI Life Insurance Limited, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
- IGI Life Insurance Limited is registered and supervised by Securities and Exchange Commission of Pakistan.
- All applications are processed and approved by IGI Life Insurance Limited, as per their underwriting guidelines. MCB Bank Limited is not responsible for the processing and approval of these applications in any way, whatsoever.
- The aforementioned 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(s) avail the service.
IGI Smart Wealth Plan
Pakistan's first active life insurance
The Smart Wealth Plan is a smart investment plan that is linked to the Vitality wellness program. Based on the shared value insurance model, this plan encourages you to lead a healthier life and offers you attractive rewards for doing so.
The plan consists of two core aspects:
- Vitality: focuses on wellness by providing you with an understanding of your current health status and incentivizes you to improve your health.
- Insurance Coverage: caters to your need for financial security and provides investment opportunities.
Unit Allocation:
The proportions allocated to your Account Value will be as follows:
Policy Year | Allocation Percentages |
1 | 55% |
2 | 90% |
3 | 100% |
4-5 | 102% |
6 & Onwards | 105% |
Account Value Acceleration Premium (AVAP) | 100% |
Key Benefits:
- Income Tax Benefit
- Account Value Acceleration Premiums
- Death Benefit
- Vitality Benefit
- Maturity Benefit
- Extra Unit Allocation
- Automatic Cover Maintenance
- Additional Benefits: Level Term Insurance Rider (LTR), Accident Care Benefit (ACB), Family Protection Rider - Disability (FPR-Disability), Accidental Death Benefit (ADB), HealthSure, Income Benefit – Death (IBR-Death), Income Benefit – Disability (IBR-Disability), Elaj Aasan (EA), Permanent and Total Disability (PTD) and Accident Medical Expense Reimbursement (AMR).
Free-Look Period:
If you cancel your policy within a free look period of 14 days from the date of receipt of the policy documents, you are entitled for a full refund of premium less any expenses incurred by IGI Life in connection with your medical or clinical examinations.
Policy Eligibility:
- Minimum Entry Age: 18 year (Age Next Birthday)
- Maximum Entry Age: 65 years (Age Next Birthday)
- Minimum Policy Term: 10 years
- Maximum Policy Term: up to age 85 years
Minimum Basic Premium:
The minimum annual collected Basic Premium is PKR 50,000.
For Account Value Acceleration Premium payments - Minimum payment is PKR 150,000 with no limit on the maximum.
Payment Modes:
- Annually
- Semi-Annually
- Quarterly
Charges:
In addition to reduced allocation in initial years, following charges would apply on the plan:
- Management Charges: 0.125% per month
- Surrender Charges (% of Account Value): 100% - 1st & 2nd year, Nil 3rd year onwards.
- Bid / Offer Spread: 5%
- Administration Charges: PKR 100 per month
- Switching Fee: PKR 500 per switch
- Processing Charges: PKR 500 on each partial withdrawal and complete surrenders.
*All charges are reviewable by the company
Apply for IGI Life Smart Wealth 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://igilife.com.pk/bancassurance/igi-life-smart-wealth-plan/
Note- MCB Bank Limited is acting as a distributor of IGI Life Smart Wealth Plan on behalf of IGI Life Insurance Limited, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
- IGI Life Insurance Limited is registered and supervised by Securities and Exchange Commission of Pakistan.
- All applications are processed and approved by IGI Life Insurance Limited, as per their underwriting guidelines. MCB Bank Limited is not responsible for the processing and approval of these applications in any way, whatsoever.
- The aforementioned 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(s) avail the service.