Askari Sarparast Mashaal Family Takaful
Askari Sarparast Mashaal is a Shariah-compliant Family Takaful plan designed to help you feel prepared without putting life on pause. With limited payment terms, flexible choices, and planned cash payouts, it supports today’s comfort while steadily building tomorrow’s ease.
Built on Islamic investment principles, the plan lets you customize contributions and coverage to match your goals!
What Makes Mashaal Shine
Growth, Made Simple
Your Family Takaful certificate is invested in Islamic finance and monthly profits are credited to your Participant’s Investment Account (PIA).
Choose What Fits You Best
Select contribution and coverage terms that suit your lifestyle and budget for flexibility that grows with your plans and priorities.
Regular Income, Right on Time
Enjoy increasing cash payouts designed to support your evolving needs. A steady flow that adds comfort and confidence over time.
Peace of Mind for Sacred Journeys
Includes complimentary coverage of Rs. 2.5 million during Hajj so that you can focus fully on the spiritual experience.
Boost Your Plan, Anytime
Add extra funds when convenient to grow your plan’s value to enhance future payouts and savings.
Extra Care, Your Way
School Fee Waiver
Monthly school fees of up to Rs. 10,000 are supported, with a flexible cover term you can choose
Hospitalization Coverage
This benefit supports hospitalization expenses of Rs. 5,000 per day, for up to 60 days, at a hospital of your choice.
Major Surgery Support
Big medical procedures shouldn’t come with financial stress. This benefit covers surgery expenses of up to Rs. 500,000, helping you focus fully on recovery.
Anmol Zindagi – Added Health Reassurance
This benefit offers hospitalization support of Rs. 5,000 per day for up to 60 days due to an accident. It also covers major surgery expenses up to Rs. 300,000, easing financial pressure during treatment.
COVID-19 Financial Support
For added reassurance, this benefit provides an extra Rs. 300,000 within the initial months of coverage. A thoughtful layer of protection during changing health environments.
Contribution Waiver (Continuity Benefit)
Askari Life takes care of future contributions while your family continues to enjoy full plan benefits.
Contribution Waiver (Disability Support)
If the covered person faces permanent disability, future basic contributions are fully taken care of.
Accidental Coverage Plus
Life keeps moving, and this benefit adds an extra financial cushion in case of an accident. An additional amount ranging from Rs. 300,000 to Rs. 5 million is provided to your chosen beneficiaries.
Level Term Family Takaful (Add-On)
As responsibilities grow, your protection can grow too. This add-on offers extra coverage from Rs. 100,000 up to Rs. 10 million, for a nominal additional cost.
Critical Illness Support
Major health conditions require focus, care, and financial readiness. This benefit pays a lump sum of up to Rs. 1.5 million, in addition to your main plan benefit.
Monthly Income Benefit
This option provides a regular monthly income to your beneficiaries for the chosen term.
Jee Lo Har Ghari with Askari Sarparast Mashaal Family Takaful Plan that will guide you towards a brighter tomorrow!
Disclaimer
Mehfooz Kal 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 Mehfooz Kal Plan applications are processed and approved by Askari Life, as per their underwriting guidelines.Â
Bank is not responsible for the processing and approval of these applications in any way, whatsoever.Â
A personalized illustration of benefits will be provided to you by our sales representative.Â
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.