UBL Better Life Endowment Plan
State Life Insurance Corporation of Pakistan
It is a safest and surest method of guaranteed cash provision either at a specified time or at death which provides the peace of mind with guaranteed return of your all basic premiums paid during the saving term.

UBL Better Life Endowment Plan

It is a safest and surest method of guaranteed cash provision either at a specified time or at death which provides the peace of mind with guaranteed return of your all basic premiums paid during the saving term. The plan serves the requirements of a family in various shapes by way of financial help at retirement, education of children or provision of capital for business.

Description Endowment
Investment Fund Government Securities, Real Estate rentals, Blue Chip Equities
Plan Type Bonus Based
Minimum/Maximum Age at Entry 10-65 Years
Maximum Age at Maturity Minimum 10 years, Maximum by the age of 75 years
Minimum Annual Premium 15000 annually, Half yearly 10,000, Quaterly 7,500, Monthly 4,000
Death Benefit Basic Sum Assured , accured bonuses & additional amount equal to basic sum assured in case of accidental death
Partial Withdrawal Allowed any time after completion of two (2) years, subject to a minimum of PKR 15,000 remaining in the fund
Policy Surrender Option Allowed, after two annual premiums are received
Maturity Benefit 50% balance of Sum Assured & Accrued Bonuses
Riders Family Income Benefit
  Accidental Death Benefit
  Accidental Death & Indemnity Benefit
  Term Insurance, Waiver of Premium
  Waiver of Premium
  Term Insurance
  Refund of Premium
Applicable Charges Max PKR 100 per policy
Loan Facility After Completion of 2 policy holder can avail a maximum loan of 80% of the net surrender value of the policy