Guaranteed Financial security during unforeseen circumstances
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Pay Continuation Scheme is a Group Family Takaful plan designed to provide financial stability to employees and their families in the unfortunate event of untimely death or permanent disability. Based on the principles of Takaful, this Shariah-compliant plan ensures mutual support and financial protection, offering ease of mind to both employers and employees.
In case of death or disability, the scheme provides agreed monthly payments
The scheme is mandatory, with contributions paid by the employer
Coverage is based on multiples
of the employee's salary
Age at Entry: 18 – 64 years
Coverage expires at age 65
You can add any of the following Takaful Benefits in addition to the main plan
Death due to Any Cause: Financial protection for employees' families in case of death caused by sickness or accidents
Accidental Death Benefit (ADB)
Permanent Disability Coverage
In case of a member’s death, his/her family is eligible to get monthly compensation of PKR 50,000 up to 24 months.
Note: Above mentioned sum covered is for illustration purpose only. The actual illustration will be provided based on your data inputs by our financial advisor / agent.
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This is a Family Takaful product which has two distinct elements i.e., financial protection and investment. The investment component is linked to the performance of underlying assets under unit linked fund(s)