Akij Endowment Insurance Plan (with Profit)

Benefits

Maturity Benefit: If policy holder survives till the end of policy tenure he/ she will get full Sum Assured with accrued bonus.

Death Benefit: Sum Assured with Accrued bonuses will be paid to nominee/ nominees. 

Supplementary Insurance Facility: Permanent Disability Accidental Benefit, Double Indemnity Accidental Benefit.

Investment: The premium collected from the clients will be invested in profitable sectors by obeying Shariah.

Surrender and investment Facility: Upon payment of at least 2 (two) years of premiums, a policy achieves Surrender Value. The insured can avail the investment facility (maximum 90% of Surrender value) after completion of 2(two) years.

Paid up Value: After continuing the policy at least two years, the policy acquires Paid up value. Paid up value is payable with accrued bonus at the end of policy term.

Income Tax Rebate Facility: The policy holder gets the benefit of income tax rebate on premium/premiums paid every year at applicable rate.