Askari Life Barkat Takaful Plan
Plan your future with the Askari Life Barkat Takaful Plan, designed to help you build steady financial strength with ease.
 With flexible terms and increasing cash payouts, it supports both your current needs and long-term goals.
Your contributions are invested in Shariah-compliant instruments, with monthly profit credits helping your savings grow.
Key Features
Shariah Compliant Investment Package
A Shariah-compliant Takaful plan offering long-term savings and protection with low, shared risk. Built to support your financial journey at every life stage with stability and trust.
Advance Bonus
Kickstart your financial journey with an exclusive bonus that rewards your commitment early on. Stay consistent with your plan and enjoy a boost that adds value to your savings in the 5th year.
Flexible Contribution and Coverage term
Customize your savings, coverage, and term to fit your goals and budget. Enhance your plan anytime with optional add-ons guided by a certified advisor.
Free Hajj Coverage
Enjoy additional protection of Rs. 2.5 million in case of accidental events during Hajj, ensuring peace during your sacred journey.
Additional Investment Option (Top-Up)
Boost your savings anytime with a minimum top-up of Rs. 10,000, allocated at 101% to enhance your plan value.
Protection Multiple (Cover Multiple)
Choose a coverage amount up to the maximum available limit to ensure strong financial support for your loved ones when needed.
Care beyond coverage:
School Fee Waiver
Ensure your child’s education continues smoothly with monthly school fee support of up to Rs. 100,000, with flexible coverage terms.
Hospitalization Coverage
Receive Rs. 8,000 per day for up to 60 days in case of accident-related hospitalization (beyond 1 day), at any hospital of your choice.
Major Surgery Benefit
Get financial support of up to Rs. 500,000 to help cover expenses for major listed surgical procedures.
Waiver of Premium on Life Changes
Your plan continues in the future and your family receives the lump sum coverage amount along with the maturity benefit at the end of the policy term, even if you are not there or physically able.
Accidental Protection Benefit
Provides additional financial support to your family in case of accidental disability or unforeseen events.
Level Term Family Takaful (Enhanced Coverage Option)
Boost your protection with an additional benefit starting from Rs. 100,000, alongside your base coverage or PIA value.
Critical Illness (CI) Supplementary Benefit
Receive a lump sum of up to Rs. 2 million upon diagnosis of covered major illnesses, in addition to your plan benefits.
Monthly Income Benefit
Ensure a steady monthly income for your beneficiaries for the remaining term of the supplementary benefit, providing ongoing financial comfort.
Basic Coverage
Disclaimer
Askari Life Barkat Takaful Plan is a Shariah compliant Universal Life Family Takaful certificate 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 agent of Askari Life-Window Takaful Operations and is not responsible in any manner, whatsoever, to the participants, his/her beneficiary (ies) or to any third party.
Askari Life – Window Takaful Operations shall be the sole responsible with respect to participant’s services, claim lodgements and claim processing.
All Family Takaful applications are processed and approved by Askari Life- Window Takaful Operations, as per their underwriting guidelines.
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.
Investment Risk shall be borne by participants; actual maturity values or surrender values may be higher or lower than the project figures.
The past performance of the fund is not necessarily a guide or guarantee of future performance.
This brochure only provides an introduction to the benefits available under the Certificate.
 A detailed description of how the certificate works is given in the ‘Participant’s Membership Documents (PMD), which will be provided to every participant.
 The contents herein are the intellectual rights of Askari Life-Window Takaful Operations.
 In the event of any discrepancy, ambiguity and conflict in interpreting any information, terms, or conditions in this brochure, the participants membership documents (PMD) shall prevail and supersede.
Publication or duplication of this brochure by any third party is strictly prohibited.