Askari Life Bachat Plan
The Askari Life Bachat Plan helps you save smartly, grow steadily, and care for your loved ones, all through one simple plan. It blends disciplined savings with long-term growth, so you can work toward important goals like education, family milestones, or retirement, while knowing your family’s financial comfort is always supported. With flexible options and easy access to funds, it’s a plan that fits real life.
What Makes It Special
Protection with Purpose
A balanced mix of savings and long-term support that helps you build value today while planning confidently for tomorrow.
Advanced Bonus – Early Rewards!
Stay invested and unlock an exclusive bonus in the 5th year, boosting your savings early and accelerating your financial growth with the Bachat Plan.
Made to Fit Your Life
Customize your plan around your goals and lifestyle because no two families plan the same way.
Support When You Need It
Access up to 50% of your savings if life calls for extra funds, without loans or added stress.
Grow More, Anytime
Add extra contributions whenever you can to boost your savings and future value.
Built to Stay Strong Over Time
Features that help your savings keep pace with rising costs, plus potential tax benefits under current regulations.
Flexible Support Amount
Choose a support level that brings long-term comfort and confidence to your family.
Worry-Free Review Period
Take time to review your plan and if it’s not the right fit, you can opt out within the free-look period.
Optional Extra Care
Enhance your plan with add-ons for added support during health needs, accidents, or contribution support so you’re covered from every angle.
Care beyond coverage
Enhance your plan with additional coverage through Waqf donations:
Smart Premium Allocation
Grow your savings faster as more of your premium is allocated to your account over time—building long-term wealth.
School Fee Waiver
Ensure your child’s education continues uninterrupted, even if the unexpected happens, with school fees covered up to PKR 10,000/month.
Health & Hospitalization Protection
Stay financially secure during medical emergencies. Cover hospitalization costs (PKR 5,000/day), major surgery expenses up to PKR 500,000, and receive a lump-sum of up to PKR 1.5 million for critical illnesses—so your family is protected and your savings remain intact.
Monthly Income Benefit
Your family receives a monthly payout of PKR 10,000–100,000 if the unexpected occurs, securing day-to-day finances.
Accident Protection
Even if you face disability, death, or an accident, your family stays financially secure. Your policy continues without interruption, and your loved ones receive sum assured, maturity benefits, and additional accident coverage—ensuring protection and peace of mind when they need it most.
Level Term Rider (Additional Coverage)
Increase your coverage as responsibilities grow—extra benefits from PKR 100,000 to 10 million available at a nominal cost.
Jee Lo Har Ghari and build your future stress-free with The Askari Life Bachat Plan.
Disclaimer
Askari Life Bachat Plan is a Universal Life Plan which is subject to investment risk and the cash value of the plan will vary directly with the performance of the investment fund
Bank is acting as a corporate sales agent on behalf of Askari Life, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary/ies or any third party.
Askari Life shall be the sole responsible with respect to policyholder services, claim lodgements and claim processing.
All Askari Life Bachat Plan applications are processed and approved by Askari Life, as per their underwriting guidelines. Bank is not responsible for the processing and approval of these applications in any way, whatsoever.
A personalized illustration of benefits will be provided to you by our sales representative. Please refer to the notes in the illustration for a detailed understanding of the various Terms and Conditions.
This brochure 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 avails the service.