Serve with Pride. Live with Peace of Mind.
You’ve spent your life protecting the nation, now let Askari Life take care of you and your family. The Muhafiz Family Takaful – Savings Plan is a reliable savings solution, created exclusively for servicemen and officers, so you can enjoy life fully while your financial future is safely handled.
Built to support life after service, Muhafiz helps you save steadily for education, weddings, a home, business plans, Hajj, and family goals without stress or uncertainty. Even when pension income feels limited, this plan ensures your lifestyle and dreams continue uninterrupted.
Why Muhafiz Gives You Complete Peace of Mind
100% Shariah-Compliant Growth
Your savings grow ethically, with the option to receive them as a lump sum or a reliable monthly income for up to 20 years—your choice, your comfort.
Start Small, Grow Confidently
Begin saving from just PKR 1,000 per month, with the freedom to increase or adjust anytime as your needs change.
Family Protection You Can Rely On
Built-in family takaful coverage ensures your loved ones remain financially supported, no matter what life brings.
More Value, Lower Charges
Designed with servicemen in mind, Muhafiz offers lower charges and better value, helping your savings work harder for you.
Guaranteed Bonuses & Easy Access
Enjoy guaranteed bonuses every 5 years and penalty-free withdrawals, so your money is always there when you need it.
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.
Monthly Income
If the unexpected happens, your family receives a reliable monthly income for the remaining term of the benefit.
Marriage Milestone Protection
Even in your absence, your love and support continue with a PKR 300,000 benefit paid to your child at the time of marriage.
Hospitalization & Major Surgery Benefits
Get support of up to Rs.500,000 for major surgeries covered in this plan and Rs.5,000 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
Muhafiz Family Takaful –Â Savings 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.
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.