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SAHARA PLANS

Sahara Plan A:

Your family looks towards you for support and strength. You have given them a lot and you would want them to get the best in future. However, life is unpredictable and no one can have control over future uncertainities. Life is challenging, and for a secured and protected life we must take safety measures for our loved ones so they do not compromise on their living standards after the demise of the breadwinner.
To deal with your concerns and to give your family a secure future EFU Life –Window Takaful Operations introduces SAHARA PLAN A a unique Shariah Compliant solution plan marketed through HBL. This Term Takaful plan provides protection in case of death due to any cause. The coverage amount will be paid from Waqf Fund managed by EFU Life WTO.
Sahara Plan A is a Term Takaful benefit plan which offers coverage in case of death due to all causes. Incase of covered member's death the beneficiary will get the lumpsum amount and the coverage amount based on the plan option selected by the covered member at the time of availing this plan.
The cost mentioned in the brochures are inclusive of all various costs associated with Sahara Plan such as Administration fee, management fee, transfer fee etc.

Sahara Plan B:

Planning for the unexpected is one the most important thing you can do for your family. With EFU Life Window Takaful Operations, you can lead towards a secure and protected future for you and your family.
We introduce SAHARA PLAN B - a term takaful and hospitalization plan which offers you complete package. Sahara Plan B is marketed through HBL. This plan provides protection in case of death due to all causes and offer income continuation benefit to the family after the demise of breadwinner.
Not only this, the plan offers living benefit such hospital cash benefit which provide hospitalization reimbursement to the covered member, who as a result of Accident or Illness is necessarily confined as an inpatient within a hospital for at least twenty-four (24) hours. If the Participant has become eligible for the main benefit as mentioned above and is confined to Intensive Care Unit (ICU) then an additional amount equal to 100% of his daily benefit would be paid to him. The benefit amount will be by the Waqf Fund managed by EFU Life WTO.
The cost mentioned in the brochures are inclusive of all various costs associated with Sahara Plan such as Administration fee, management fee, transfer fee etc.

Sahara Plan C:

Women empowerment is always crucial for a nation's development. Women empowerment always brings responsibilities and sometimes you have no time to take care of your health and a sudden fall breaks the hurtle of life. You aspire to have a backup plan, which supports you to take care of your health. We have a protection plan dedicated to women protection, so you do not have to take money from your savings for the treatment but your expenses for the whole year will be covered. It is important to have complete health plan which supports you as a backup plan because medical facilities are very expensive and at times can be unaffordable.
EFU Life –Window Takaful Operations introduces SAHARA PLAN C– a unique Shariah compliant solution marketed through HBL. The plan provide coverage in case of death due to all causes. Income Benefit is for the spouse of the participant. In case of covered member's death due to all causes his or her spouse will get coverage amount monthly. Hospital Cash benefit is a hospitalization reimbursement plan where in case the covered member as result of Accident or Sickness is necessarily confined as an inpatient within a hospital, for at least twenty-four (24) consecutive hours, under the continuous attendance of a Physician, then the company will, upon receipt and due investigation of the claim, pay the daily benefit.
If the Participant has become eligible for the main benefit as mentioned above and is confined to Intensive Care Unit (ICU) then an additional amount equal to 100% of his daily benefit would be paid to him. For women, the plan also includes Caesarean Section benefit, which makes it a complete package which gives peace of mind. The cost mentioned in the brochures are inclusive of all various costs associated with Sahara Plan such as Administration fee, management fee, transfer fee etc.

Takaful Operations of EFU Life

EFU Life – Window Takaful Operations is providing Ethical and Shariah compliant financial planning solutions with a keen focus on value to customers. A Takaful product helps you to share your risk by cooperation, brotherhood, mutuality and solidarity for the common good through the Waqf Fund operated by EFU Life – Window Takaful Operations.

What are the Benefits Offered – Plan A, B, C

Benefit and Contribution

Sahara Plan A offers following options for Benefit and Contribution amount as chosen by the Participant:

 

ProductTerm Takaful (Coverage)

 

Annual Contribution

OptionsNatural & Accidental Death Benefit
A125,000500
A1500,0002,000
A21,000,0003,750
A32,000,0007,500

                All Amounts in PKR

 

 

Sahara Plan B provide following options for Benefit and Contribution amount as chosen by the Participant:

 

ProductTerm TakafulIncome BenefitHospital Cash – IndividualHospital Cash – IndividualAnnual Contribution
OptionsNatural & Accidental Death BenefitNatural & Accidental Death BenefitDaily Cash BenefitDaily ICU Benefit 
B1640,000NA2,0004,0004,300
B21,360,000*600,0003,0006,00010,000

All Amounts in PKR

*Rs 50,000 will be paid for a consecutive period of 12 months

Sahara Plan C provide following options for Benefit and Contribution amount as chosen by the Participant:

 

 

Product

Term TakafulIncome BenefitHospitalizationHospitalizationHospitalization

 

 

Annual Contribution

Natural & Accidental Death

Natural & Accidental Death

(Spouse)

Daily Hospital Cash Benefit Non ICU confinementDaily Hospital Cash Benefit ICU ConfinementC- Section Benefit
Plan C960,000*480,0003,0006,00020,0007,600

   All Amounts in PKR

 

*Rs 40,000 will be paid for a consecutive period of 12 months

Key Details

Sahara Plan A

• Enrollment Age: 18 to 65 years.
• Coverage Age: 18 to 66 years.
• Term: 1 year
• Covered Event: Death due to any reason
• Free Look Period: 30 days from the date of Commencement to review the terms and conditions of the Plan and to cancel the Coverage.

Sahara Plan B

• Enrollment Age: 18 to 64 years.
• Coverage Age: 18 to 65 years.
• Term: 1 year.
• Covered Event: Death due to any reason and Hospitalization due to Accident or Illness
• Free Look Period: 30 days from the date of Commencement to review the terms and conditions of the Plan and to cancel the Coverage.
• Elimination Period:
o For Illness: 30 Days
o For Accidental Benefit: No waiting period
o Between Successive Hospitalizations: 30 days
o Maximum Hospitalization per Year: 180 days

Sahara Plan C

• Enrollment Age: 18 to 65 years.
• Coverage Age: 18 to 66 years.
• Term: 1 year.
• Covered Event: Death due to any reason, Hospitalization due to Illness, Accident, and C-Section
• Free Look Period: 30 days from the date of Commencement to review the terms and conditions of the Plan and to cancel the Coverage.
• Elimination Period: o For Sickness: 30 Days
o For Accidental Benefit: No waiting period
o Between Successive Hospitalizations: 30 days
o Confinement Limit per year: 180 days

A:
This policy does not provide coverage and no benefits shall be paid if death occur from all or any of the following conditions:
Sahara Plan A:
• Any Pre-existing Conditions to be covered after 30 days from the enrollment date. Suicide, self-Inflicted injury and illegal act of the member
• Failure to seek or follow medical advice, taking of alcohol or drugs.
• Participating in exercises or operations while serving with either of the armed or paramilitary forces or while performing any form of police duty.
• For non-resident Pakistani’s, death claim arising due to an act of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection by military or usurped power, riot or civil commotion, an illegal organization, an industrial dispute, or death at a place declared as active and declared war zone or where UN has active peacekeeping operations.
Sahara Plan B:
For Term Takaful and Income Benefit:

• Pre-existing conditions to be covered after 30 days from the enrollment date
• Suicide, self-Inflicted injury and illegal act of the member
• Failure to seek or follow medical advice, taking of alcohol or drugs
• Participating in exercises or operations while serving with either of the armed or paramilitary forces or while performing any form of police duty
• For non-resident Pakistani’s, death claim arising due to an act of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection by military or usurped power, riot or civil commotion, an illegal organization, an industrial dispute, or death at a place declared as active and declared war zone or where UN has active peacekeeping operations.
For Hospital Cash:
• Hospitalization for diagnostic purpose only or failure to seek medical advice.
• Self-inflicted Injury, attempted suicide, abuse of alcohol, drug addiction or abuse, treatment of any sexually transmitted diseases and Injuries as a result of an illegal act of the Covered Member
• Pregnancy, miscarriage, childbirth or any-malignant disease occurring in or in connection with the female reproductive organs.
Sahara Plan C:
For Term Takaful and Income Benefit:

• Pre-existing conditions to be covered after 30 days from the enrollment date
• Suicide, self-Inflicted injury and illegal act of the member
• Failure to seek or follow medical advice, taking of alcohol or drugs.
• Participating in exercises or operations while serving with either of the armed or paramilitary forces or while performing any form of police duty.
• For non-resident Pakistani’s, death claim arising due to an act of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection by military or usurped power, riot or civil commotion, an illegal organization, an industrial dispute, or death at a place declared as active and declared war zone or where UN has active peacekeeping operations.
For Hospital Cash:

• Hospitalization for diagnostic purpose only or failure to seek medical advice.
• Self-inflicted Injury, attempted suicide, abuse of alcohol, drug addiction or abuse, treatment of any sexually transmitted diseases and Injuries as a result of an illegal act of the Covered Member
• Injury or Illness due to Natural Catastrophes, Epidemic, including, but not limited to, flood, earthquake, avalanche and cyclone
For C- Section:

• Any Pre-existing condition

Disclaimer: Sahara Plan- A, B and C are Term Takaful and Hospital Cash benefit plans and underwritten, issued and subject to the terms and conditions set by EFU Life - WTO having its principal office at Plot 112, 8th East Street, DHA Phase I, Karachi, Pakistan - 75500. Sahara Plan A, B, & C are only the name of the products and does not, in any way, indicate the quality of the products. Bank is acting as corporate insurance agent of the Plans on behalf of EFU Life WTO. Bank will not be responsible in any manner if your application or claim is rejected by EFU Life nor will investigate or provide any opinion on merits of the claim.

Downloads

Sahara Plans - English.pdf  
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Sahara Plans - Urdu.pdf  
Size: 3390 KB