Ve yi sy L ‘aca : tsa > i Hei phben Lh oo ate abs a] mater re Z O < 2 = —~ © O x L 5 = LU =Each day we face difficulties in managing our finances. Inflation, taxes, debt, changing interest rates, and stock market swings - their effect can be unsettling. But above all these, is the concern for preservation of the money you invested. Jubilee Life offers you Excel Saver - with the assurance that money invested by you will be returned, this investment plan helps you realize your dreams with greater peace of mind. What is Excel Saver? Excel Saver is a unit linked endowment plan especially designed to accumulate funds on a fast pace with assurance that 100% of your investment amount will be returned to your loved ones, in the event of death. Why Excel Saver? * Plan your financial commitments the way you want * Decide how you invest * Grow your investments with superb investment strategies * Top up your investments with extra funds that you may have * Flexibility to increase your investments to suit your financial needs * Combat inflation * Get rewarded for continuing the plan Eligibility Individuals between the ages of 18 to 50 years are eligible to avail this plan. Term The available term range is from 10 - 52 years, subject to a maximum age of 70 years at maturity. Death Benefit Excel Saver assures that at least basic plan premiums paid by you will be returned in case of death. In case you die within the term of the plan, your beneficiaries will receive: Sum Assured plus Basic plan premium paid or Cash Value, whichever is higher.Sum assured is the guaranteed minimum amount payable on death. Sum assured is determined by multiplying the annual basic premium with a Cover Multiple which in this case is 5. Maturity Benefit At end of the term of the plan, you will receive the cash value accumulated during the term of the plan. Built-in Benefit Excel Saver also has a builtin benefit to safeguard you and your family against emergencies: * Accidental Death Benefit An additional amount will be paid under this benefit in case death occurs due to an accident. Add On Benefit * Jubilee MediPal This optional rider by Jubilee life provides coverage up to the annual limit of PKR 250,000 for in-patient expenses in case of illness or hospitalization and provides immediate support (hospitalization in private room) to the life assured and his/her spouse. The policyholder has the advantage of obtaining quality medical care services at any of the Approved Hospitals without having to pay anything. For further details, please refer to the separate leaflet of Jubilee MediPal. Premium The minimum basic premium is PKR 20,000 per annum. Allocation of Units The proportion of the basic plan premium allocated to investment is as follows: Policy Years PN eee tola ] 25% 2 80% 3 90% 4 & onwards 100%Continuity Bonus For continuing your plan (without any breaks) for a period of more than six years, you will be entitled to Continuity Bonus. This will be in the form of extra units being allocated to your unit account each year. Continuity Bonus also increases, the longer you continue your plan. With these extra units, your investment fund will grow at a pace faster than what you are paying at. The extra unit allocation, as a proportion of basic plan premium is as follows: IAC Extra Allocation % 610 14 3% 15 & onwards 5% This extra allocation is in addition to the basic allocation of units. Funds Management The premiums paid are invested in fund(s) of your choice & units are allocated depending on the price of units for the fund(s). The value of your policy is the total value of units that you hold in the fund(s). The funds are managed by expert investment managers with a view to optimize medium to long term returns balanced with risk. Investment Options Jubilee Life currently offers you a choice of following four funds. You can choose to invest fully in any one fund that suits your investment needs or split your premium between options available. Managed Fund _A fund designed to maximize capital appreciation by investing in a balanced portfolio. Meesag Fund A fund designed to provide interest-free returns. Yageen Growth A fund designed to provide steady returns with minimum Fund risk of capital erosion Capital Growth A fund designed to maximize returns through a diverse Fund portfolio of shares, term finance certificates and bank deposits. Flexibility to manage your investments We offer you the flexibility to manage your investments.You can either allocate the entire premium into one of the funds or split your premium between multiple funds that are available. Subsequently, depending on the performance of funds, you can switch between funds. We allow you four free switches every policy year. Charges would be applicable from the fifth switch and will be deducted from the Cash Value / Unit Account prior to the switch. Investment Top Ups You may have extra funds available with you at any stage. You can top up your regular investments under this plan by making ad hoc premium payments. These contributions would be invested in the Unit Account at the then prevailing offer price. Combating Inflation Your Sum Assured and premium increases automatically every year along with your contribution towards investments, up to the limit specified by the company without any medical investigations. You, of course, retain the right to decline this increase and continue your plan on the same terms and conditions as before according to your needs.Encashment before Maturity The future is unexpected and you never know when your circumstances will change and you may require funds before anticipated maturity of the plan. © Partial Withdrawals If you need to withdraw cash to meet emergency needs but do not want fo surrender the policy, you can withdraw any amount subject fo a minimum amount withdrawn, provided that the residual cash value of your policy after withdrawal is greater than or equal to PKR 20,000 (the residual cash value floor may be reviewed by the company). Despite partial withdrawals, you will continue to receive the life insurance cover although your sum assured will be reduced by the amount of partial withdrawals. Option for partial withdrawal is available after completion of two policy years and after payment of two annual policy year’s premiums. * Full Policy Surrender You have the option to surrender your policy any time after completion of two policy years and after payment of two annual policy year’s premiums. At the time of surrender, you will be paid in full, the cash value of your fund. However, surrender in early policy years may result in lower cash value. Other Charges* In addition to reduced allocation in initial years, following charges would apply on the plan: Bid/Offer spread 5% of Basic Premium Administration Fee Rs.110 per month *A\ll charges are reviewable by the Company Free Look Period Jubilee Life offers a Free Look Period of 14 days during which you can review your policy terms and conditions and cancel the policy. Your premium will be refunded on receipt of written request within 14 days from the issue date of the policy. Jubilee Life reserves the right to deduct the expenses incurred on medical examination.Disclaimer * The past performance of the funds offered by the Jubilee Life is not necessarily a guide to future performance. Any forecast made is not necessarily indicative of future or likely performance of the funds and Jubilee Life will not incur any liability for the same. . A personalized illustration of benefits will be provided to you by an Insurance Consultant. Please refer to the notes in the illustration for detailed understanding of the various terms and conditions. . Please refer to the Policy Documents for detailed understanding of the various terms and conditions. . The investment risk shall be borne by the Policyholder and actual maturity or surrender values may be lower or higher than the projected figures. . Supplementary Benefits may be available if the life assured is aged 55 years or less, nearest birhday at the time of issuance. . Please refer to company web site for target asset mix of the underlying fund: (http: //[Link]/investorrelations/investors-outlook/)[Link] Jubilee Life Insurance Company Limited 74/1-A, lalazar, M.T. Khan Road, Karachi - 74000, Pakistan Phone: (021) 32120201, 35205094 Fax: (021) 35610959 UAN: (021) 111-111-554, 2 SMS: “JUBILEELIFE” to 8398 g Email: info@[Link], 8 S complaints@jubileelife. com Website: [Link]