Askari BetterLife Mehfooz Kal Plan
The Mehfooz Kal Plan is a flexible universal life solution that makes building a secure financial future simple and achievable. With a minimum annual contribution of just PKR 24,000, it blends essential life protection with long-term savings, helping you support your family today while working toward goals like children’s education, a comfortable retirement, or a reliable financial cushion for peace of mind. Even modest annual investments can grow into meaningful support when it matters most.
Why Mehfooz Kal Plan Works for You
Protection with a Savings Edge
Combines essential life coverage with a disciplined savings component, helping you build a cash cushion over time.
Affordable Start
With contributions starting at just PKR 24,000, it’s accessible for early-stage savers and families.
Supports Your Life Goals
Designed to help you plan for education, marriage, retirement, and other milestones while building savings steadily.
Cash Growth & Flexible Payouts
Accumulate cash value over time and choose potential monthly annuity options for regular payouts as per your plan.
Tailored to Your Needs
Adjust protection, investment levels, or top-up contributions to grow your plan; access funds through loans if needed.
Try with Confidence
Enjoy a Free Look Period to review your plan and cancel within the specified time with a full refund if it doesn’t meet your expectations.
Monthly Income Option
Ensures a steady monthly income for your family to comfortably meet ongoing expenses.
Optional Extra Care
Enhance your plan with add-ons for added support during health needs, accidents, or contribution support so you’re covered from every angle.
Care Beyond Coverage
School Fee Support
Keep your child’s education on track for up to 10 years, even if life takes an unexpected turn.
Major Surgery Support
Get upfront financial help for major medical procedures, so you can focus on recovery and living fully.
Accidental Hospitalization Cover
Covers hospital stays beyond one day due to an accident, up to 60 days, easing financial pressure.
Critical Illness Support
Provides a lump-sum payout if diagnosed with a major illness, helping you manage treatment and expenses.
Premium Waiver (Disability)
Keeps your policy active even if your ability to contribute is temporarily affected.
Premium Waiver with Maturity Benefit
Ensures your plan continues and your family still receives the maturity value as planned.
Accidental Coverage Add-On
Adds extra financial security for your family in case of accidents.
Level Term Enhancement
Lets you increase coverage over time to keep pace with growing responsibilities and life milestones.
Jee Lo Har Ghari and take the first step towards a secure tomorrow with Askari BetterLife Mehfooz Kal Plan!
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.