UBL Better Life Sada Bahar Plan
State Life Insurance Corporation of Pakistan
Sadabahar is an anticipated endowment type with-profit plan that provides lump sum benefit at certain stages during the premium paying term or on earlier death.

UBL Better Life Sada Bahar Plan

Sadabahar is an anticipated endowment type with-profit plan that provides lump sum benefit at certain stages during the premium paying term or on earlier death. On completion of 1/3rd of the policy term, 20% of basic sum assured can be taken by the policy holder. Another 20% of the sum assured can be taken on completion of 2/3rd of the policy term and remaining 60% of basic sum assured plus accrued bonuses (if any) shall be payable at the end of the policy term.

Description Sada Bahar
Investment Fund Government Securities, Real Estate rentals, Blue Chip Equities
Plan Type Bonus Based
Minimum/Maximum Age at Entry 20-60
Maximum Age at Maturity Minimum 12 years, Maximum 30 years
Minimum Annual Premium 15000 annually, Half yearly 10,000, Quaterly 7,500, Monthly 4,000
Death Benefit Policy will participate in State Life's surplus. Rates of bonus applicable will be 25% higher than those on anticipated endowment plan
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 & 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