Iqra Family Takaful
With Iqra Family Takaful, you can build a dedicated education fund while enjoying valuable financial protection. Whatever path your child chooses in life, this plan helps keep their educational journey on track and their dreams within reach.
What makes It the right fit?
Shariah-Compliant Growth
Your contributions grow ethically, credited monthly to your Investment Account, helping your child’s education fund grow steadily.
Tailored to Your Needs
Customize your plan with flexible investment and protection levels to match your family goals.
Extra Peace of Mind
Includes free Hajj coverage and a protection amount you choose, ensuring your family stays financially secure.
Extra Support for Health Needs
Receive a lump sum if a covered major health condition arises, helping you manage expenses with ease.
Care beyond coverage
Enhance your plan with additional coverage through Waqf donations:
School Fee Waiver
Education continues uninterrupted if you are unable to pay the fees covering every month’s school fee (starting from Rs.10,000 per month).
Spouse Coverage
Protect your partner under the same plan
Hospitalization & Major Surgery Benefits
Get support of up to Rs.500,000 for major surgeries covered in this plan and Rs.8,000 per day for up to 60 days if hospitalized for more than a day in case of accidents.
Waiver of Contribution on Life Changes
Keeps your plan active even when if you are not around or become disabled with no extra charges.
Critical Illness & Accidental Support
Get a lump-sum payout that helps cover medical costs and protects your family’s future when you need it most.
Basic Coverage
Disclaimer
Iqra Family Takaful 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.
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.