Askari Savings Plus Plan
Askari Savings Plus helps you turn everyday savings into meaningful long-term goals with ease and confidence.
 Start small, stay consistent, and watch your money grow steadily over time.
 With flexible contributions and carefully managed investments, your future stays on a smooth, secure path.
 It’s a simple, trusted way to build what matters most while enjoying today.
Key Features
Complete Peace of Mind
Feel confident knowing your loved ones are supported by a plan designed to stay strong through every stage of your journey.
A Plan That Grows With You
As your life evolves, this flexible solution smoothly adapts to match your changing goals and priorities.
Personalized for Your Dreams
Design your coverage and savings your way, so it perfectly aligns with your aspirations and your family’s needs.
Boost Your Growth Potential
Add extra funds whenever you like through top-ups and give your savings an added boost over time.
Care beyond coverage
Hospitalization Coverage
Receive daily support of Rs. 8,000 for up to 60 days in case of accident-related hospitalization, at a hospital of your choice.
Monthly Income Benefit
Ensure a steady monthly income between Rs. 10,000 to Rs. 500,000 for your loved ones, supporting their lifestyle with ease.
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 Support Benefit
Add an extra layer of protection with additional financial support for your family in case of accidental disability or life-altering events.
Boost Your Coverage as Life Grows
Easily enhance your protection with an additional benefit ranging from Rs. 100,000 up to Rs. 10 million, keeping pace with your evolving needs.
Critical Illness Support
Stay prepared with a lump sum benefit of up to Rs. 2 million upon diagnosis of covered major illnesses on top of your main plan benefits.
Basic Coverage
Complete Package
Askari Savings Plus supports you through every life stage, from career growth to education, marriage, and retirement planning.
Customized Plan
Personalize your plan by adjusting savings, protection, and add-ons to match your lifestyle and goals.
Additional Investment Option (Top-up)
Add extra funds anytime during your policy term to grow your savings further and conveniently manage yearly premium payments.
Cover Multiple (Life Insurance Protection)
Secure your family’s future with coverage that can go up to 200 times your premium amount.
Emergency Monetary Access
Access up to 50% of your account value through a simple loan facility whenever needed.
Inflation Protection
Keep your savings on track with a 5% annual premium increase to help counter rising costs.
Tax Credit
Make your savings even more rewarding with potential tax benefits under Section 62 of the Income Tax Ordinance 2001, as per applicable rules.
Free Look Period
Review your plan with confidence and cancel within 14 days of receiving documents for a full refund.
Disclaimer
Askari Savings Plus 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 an 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 Savings Plus 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.Â