MARKETING CONTACT

Head Office (Karachi)
	New Jubilee Life Insurance Company Limited 74/1-A, Lalazar, M.T Khan Road, Karachi-74000, Pakistan Phones: (021)5611071-75,5611802-08 Fax : (021) 5610959,5610805 Email: group.marketing@njilife.com
	Group Marketing (Lahore)
	New Jubilee Life Insurance Company Limited 16/2, 2nd Floor,KSB Pumps Building, Sir Aga Khan Road, Lahore. Phones: (042)6308957-59 Fax: : (042)6308963
	Group Marketing (Faisalabad)
	New Jubilee Life Insurance Company Limited 1st Floor-721 Batala Colony, Satiana Road,Faisalabad. Phones: (041) 733179, 717337, 720984, 714256, 720487 Fax : (041) 710101
	Group Marketing (Rawalpindi)
	New Jubilee Life Insurance Company Limited Murree Road Branch B-DD-83, 1st Floor Minhas Shopping Plaza Shamsabad,Murree Road Rawalpindi Telephones:(051) 8001703

OTHER GROUP PRODUCTS NON CONVENTIONAL INSURANCE SCHEMES

	Mortgage Protection Schemes:
	The Group mortgage Insurance schemes are designed to provide protection to the banks/Company’s borrower against the death of such persons who have procured Mortgage loans under the banks/Company’s Mortgage Loan Scheme. Upon the death of an insured NJLI will pay to the bank/Company the outstanding loan amount. This scheme is available in a variety of options, as follows:
Single Premium (Premium is paid once for the whole loan tenure) Annual Premium regular premium payment policy: premium is payable for 1/3rd of the loan period for coverage of whole tenure) Refund of premium (Total premium payable by the customer or a percentage thereof will be refunded ; no extra charges to the customers for this benefit)
Loan Protection Insurance Schemes
	In the loan insurance schemes, in case of death/disability of a borrower, NJLI will pay to the bank the outstanding loan balance, these schemes are suitable for small loan balance protection such as personal loans, car loans etc. The unique feature of this scheme is no underwriting requirements.
Depositor’s Insurance Scheme
	This scheme is designed for the depositors of the bank. Incase of death of a depositor, NJLI will pay the amount equivalent or twice the account balance to the account holder of the bank. This scheme can be utilized by the bank as the customer loyalty program.
	Credit Shield
	Credit Shield is a Scheme designed to financially aid the cardholder of the bank. NJI Life will take care of the balance of the cardholder and pay to the bank his/her outstanding balance in case of his death/disability , for this convenience the cardholder will pay a premium every month which will be deducted at the closing amount on the monthly payment. Available exclusively to all basic card members of the bank under 60 years of age, cover will continue until 65 years of age.
	Group Provident Fund Insurance
	In case of death of an insured, this benefit pays an amount equal to or in multiples of outstanding Provident Fund balance.
	Group Pay Continuation Insurance
	In the event of death of an insured, this benefit provides continuation of monthly salary from the date of death to the date of retirement or up to a specified time period.

HEALTH CARE INERNATIONAL

	NEW JUBILEE HEALTH INSURANCE COVERAGE
	NJI Life provides different room & board limits and maximum annual limits to different employees in various categories. The benefit covers all expenses borne by treatment provided by a Physician to the Insured Person when admitted as a registered in-patient to a Hospital. NJI Life’s Health Care portfolio provides the following benefits.
	Hospital & Related Services
	Our H&R limits cover the following expenses:
	All in-hospital accommodation, treatment and services Doctor’s visits In-patient treatment/ drugs’ expenses ICU charges Charges for all Surgical procedures Pre-hospital diagnosis: Provides reimbursement of expenses for diagnosis outside the hospital and can be utilized up to 30 days before admission into the hospital. Post-hospital follow-up treatment: Provides reimbursement for post-hospitalization follow-up and can be utilized up to 30 days after discharge. Local ambulance services Day Care Surgery Diagnostic tests Accidental Emergency Medical Services
	Maternity Benefit
	Maternity Benefit covers the following expenses of up to the sub-limit for Normal Delivery:
	pre-natal treatment childbirth and post-natal treatment Complicated delivery; wherein the maternity sub-limits are increased from the amount of normal delivery (the additional is provided free of cost) Additional Unique Benefits CREDIT FACILITY from the best hospitals known as PPN REIMBURSEMENT in case of treatment from non-PPN hospitals INTERNATIONAL COVER – reimburses for sudden hospitalization abroad Issuance of PERSONAL CARD and CERTIFICATE of Insurance to each insured employee EMERGENCY HELPLINE SERVICE can be availed round the clock. Minimum turn around time for claim settlement.
	Who is covered?
	Employees & Spouses:
	Minimum eligible age - 18 years
	Maximum eligible age at entry - 59 years
	Maximum eligible age at expiry - 65 years
	Dependants - Children
	Maximum age 24 years (no age limit for unmarried daughters)
	Credit Facility from the best hospitals
	Panel hospitals New Jubilee Life Insurance has developed a Preferred Provider Network (PPN) of some very well known hospitals with the required geographical spread that can provide fine standard of care. The major facility, which is extremely convenient, is that an employee can avail full credit if he/she visits these hospitals.
	Non PPN hospitals We will reimburse the benefits utilized outside our Preferred Provider Network (PPN) hospitals on the basis of actual costs incurred.
	Coverage Outside Pakistan
	An individual traveling abroad on business or pleasure may end up incurring heavy expenses towards hospitalization due to high medical costs involved. When an insured employee (and his/her family) will travel abroad, NJI Life will reimburse the expenses in Pak rupees upon their return to Pakistan. The coverage here is subject to:
	Accidents or acute medical emergencies arising during Business/ Pleasure trip.
	The maximum period of stay should not exceed to 90 (ninety) days in a calendar year.
	Local treatment conditions of the policy
	Please note that elective, non-urgent, chronic treatment and treatments that can reasonably wait until return to the home country will not be included
	HEALTHCARE INTERNATIONAL
	Below is the outline of the sample limits provided by NJI Life for health insurance plan:
Basic Economy Standard Rs.100,000 Rs.250,000 Rs.500,000 Hospital & Related Limits Rs.100,000 Rs.250,000 Rs.500,000 Room & Board (per day) Rs.1000 Rs.2,000 Rs.4,500 PER DISABILITY Pre-Hospitalization Diagnosis(30 days) Rs.15,000 Rs.20,000 Rs.25,000 Post-Hospitalization Follow up(30 days)) Rs.7,500 Rs.10,000 Rs.12,500 MATERNITY OPTION Normal Delivery 10,000 20,000 30,000 Complicated Delivery 20,000 40,000 60,000
	''Limits can be changed as per client requirement.

GROUP LIFE

	Group Insurance is universally acknowledged as the best way to safeguard employee’s interests. During the times of sheer misfortune such as Death, Disability and Sickness, Group Insurance yields a specified sum to the Insured & his family just when it’s needed the most. A group Insurance scheme demonstrates a company’s concern for its employees’ welfare and provides them sense of security and peace of mind.
	ADVANTAGES OF GROUP INSURANCE
		Some of the eminent Advantages of Group Insurance are outlined below:
	Fulfilling Legal Requirements
		According to Clause 10-B of W.P(Standing orders) it is a mandatory obligation on the part of an employer to provide Group Life Insurance to his employees.
	Obtaining Tax advantages
		The premium that the company pays for Insurance are deducted from its taxable income. Furthermore, the benefits paid on death and disabilities are exempt from income and estate taxes. Hence, the employees and/or his family obtain tax free claim amounts.
	Attracting Ingenious Employees
		Group Insurance is a standard benefit in most, if not all companies. It provides Competitive advantage to the employer and helps in attracting and retaining capable staff.
	Keeping Costs Low
		The Group Insurance scheme can be tailored to easily fit in with the company’s budget and simultaneously create its goodwill among its workers
	Group Underwriting and Flexibility
		No individual evidence of insurability is usually required in group cases from all the members of the group. Group underwriting takes into account the group characteristics rather than the health or other insurability aspects of individuals. There is more Flexibility in group cases than in individual ones. The policyholder in most cases can mould the design and preparation of the group contract to meet his objectives.
	NEW JUBILEE GROUP LIFE INSURANCE COVERAGE
		In a short span of time NJI Life has covered around 650 corporate clients and insured over 350,000 employees. New Jubilee Life’s Group Life portfolio apart from providing financial protection against the death of the employee also provides some other unique benefits as follows:
		Life Insurance: This coverage assures payment of the sum assured in the event of death of a covered employee. This covers accidental as well as natural death.
		Accidental Death Insurance: If an insured passes away due to an accident, additional sum assured is payable. Twice the sum insured is payable in case of accidental death.
		Terminal Illness Benefit: If an employee becomes terminally ill the insurance company will advance 50% of the sum-insured payable under Group Life insurance rider. This cover is being offered free of cost with Group Life rider.
		Permanent Total/ Partial Disability (Due to accident): This coverage provides for payment of the sum assured, or a percentage thereof according to a specified schedule in the event of permanent total/partial disablement due to an accident.
		Temporary Total Disability: If an insured becomes temporarily totally disabled due to an accident this benefit provides weekly payment of a specified amount during the period of disablement.
		Permanent Total Disability (Natural): This benefit ensures payment of sum insured if Disability occurs, due to sickness, which prevent from performing all of the duties pertaining to an occupation for which the employee is reasonably suited by education or training and the disability is determined by the Insurer’s medical examiners to be of a permanent nature.
		Critical Illness: If an eligible employee while insured under this rider and under 60 years of age, is diagnosed to have a critical illness, as defined below, this benefit provides payment of the sum insured.
		Critical Illness Covers: Myocardial Infraction, Coronary Artery Surgery, Stroke, Cancer, Renal Failure.
		Accidental Medical Expense: If an employee incurs Medical expenses due to accidental injuries, this coverage provides payment of actual medical expenses subject to maximum of 10% of life sum assured.
		Additional Unique Benefits:
		Exclusion-free Group Life Rider, i.e. AIDS, Suicide, War Risk etc.
		Covered Comprehensive Group Accidental Disability Benefit
		Terminal Illness Benefit - Free of Cost Comprehensive Group
		Natural Disability Benefit
		Occupational and Non-Occupational Hazards
		24 hours World Wide Coverage

SECURE CRITICAL ILLNESS

	Almost every one has a relative or a friend who has suffered from a critical, possibly fatal illness. Often such families are afflicted upon serious financial strains. It is essential that you should be able to maintain your quality of life should you unfortunately suffer a critical illness. To ensure your well being and that of your loved ones NJI Life offers one of the most comprehensive Critical Illness cover.
	Illness and conditions covered
	1. Cancer 2. Coronary artery bypass graft surgery (CABGS) 3. Heart Attack 4. Renal Failure 5. Stroke 6. Surgery of Aeorta 7. Blindness 8. Heart Value Replacement 9. Major Organ Transplant 10. Multiple Sclerosis 11. Paralysis 12. Aplastic Anemia 13. Benign Brain Tumor 14. Deafness 15. End stage Lung Disease 16. Loss of Limbs 17. Loss of Speech 18. Major Head Trauma
	Exact definitions of the diseases are available in the policy documents.
	Benefits
	The aim of the cover is to provide a lump sum (sum assured) if the insured is diagnosed as having one of the Critical Illness (specified above), during the currency of the cover, provided the insured survives for thirty days after diagnosis. Maximum benefit under the plan can rise up to Rs. 1.5 million. In case death of the insured occurs within thirty days period or due to reasons other than critical illness, 10 % of the sum assured will be paid to the affected family. The cover under the plan would commence after 90 days of issuance of the policy.
	Premium
	Minimum annual premium for the Critical Illness plan is fixed at Rs. 2500 at present (including policy fee Rs. 300). The premium payment term varies according to the term of the policy.
	Policy Term Premium Payment Term 5 3 6 4 7 5 8 5 9 6 10 6 11 7 12 8 13 8 14 9 15 10
	Admissible Ages and Terms
	The age at entry should be between 20 and 50 years nearest birthday. The cover will last between 5 to 15 years, as chosen by the policy holder. Policy cover terminates at the age of 60 of the life assured .
	Exclusions
	Critical illness being caused or aggravated by any condition existing prior to the commencement date of the policy, self inflicted injury, pregnancy and related conditions, AIDS and sexually transmitted disease are not covered under the plan. This brochure is written in nontechnical language, and is not intended as a complete comprehensive description of the coverage. The controlling provisions are in the policy Document. This brochure does not modify that document or the insurance in any way. For detailed information, please see the policy Document.

There are different versions:

	There are different versions:
	Secure Decreasing Term Plan Secure Level Term Plan
	Secure Decreasing Term Plan
	The Secure Decreasing Term Plan provides protection cover, which decreases uniformly, on an annual basis, throughout the term of the policy. The level of decreasing in protection cover will depend upon the amount of initial cover requested and the number of years for which the protection is required. In decreasing term the death benefit gets smaller.
	Example:
	For a 25 year plan with protection cover Rs. 500,000, the benefit payable in case of death during the first year of the plan would be Rs. 500,000. In the second year the benefit payable in case of death would be Rs. 480,000, in the third year Rs. 460,000 and so forth. In the twenty-fifth year the benefit payable would be Rs.20, 000, and at the end of the twenty-fifth year the plan will terminate. For a 25 year plan a regular annual premium is payable for the first 16 years only.
	Secure Level Term Plan
	Much more common than annual renewable term insurance is insurance where the premium is the same for a given period of years. The term available for this plan is 10, 15 and 25 years. In this form, the premium paid each year is the same, and is the cost of each year's annual renewable term rates averaged over the term, with a time value of money adjustment made by the insurer. Thus the longer the term the premium is level for, the higher the premium, because the older, more expensive to insure years are averaged into the premium. It provides protection cover, which remains fixed, for a specified period of time. 10 to 25 years. Here the death benefit remains the same throughout the term of the policy.
	Example:
	For a 15 year plan with protection cover of Rs. 300,000 the benefit payable in the event of death any time during the term of the plan would be Rs. 300, 000. For a 15 year plan a regular annual premium is payable throughout the term of the policy.

Key Benefits:

	Excellent value for money
	Simple protection cover
	Specific protection cover for a specified period of time
	Guarantees to pay the decreased sum assured, in the event of death of the life assured during the policy term.
	Provides protection coverage as long as it is required by you.
	Flexibility of coverage with changing circumstances i.e. you can calibrate what you pay for when you need it.
	The Secure Term Plans can be surrendered at any time.

Secure Term Plans are most effective when applied to:

Loan / mortgage protection Family protection on a tight budget for a specified period of time. Protection of cover for business arrangements with associates/ employers
	Secure Term Plan guarantees to cover you over a fixed term whilst premiums are being paid, with a sum assured specified at the outset. A lump sum is paid out if your death occurs before the policy ends. Term Assurance will not provide you with a cash sum when the policy ends, or if you surrender your policy before the end of the term.

SECURE TERM PLAN

There is no need to feel insecure any more!

Secure Term Plans are ideal for any situation that requires protection on a tight budget, or business arrangements requiring protection with there being no need for an investment return. Term insurance is the cheapest way, in the short run, to buy a given amount of insurance death benefit on coverage. Compared to other life insurance policies, term is the most economical way for you to protect your loved ones.

Policy Term:

The minimum coverage term available under this plan for the Regular Premium and Single Premium versions are 10 and 3 years, respectively. The maximum coverage term available under this plan is 25 years for both the regular and single premium versions.

Age Limits:

The age nearest Birthday of the life assured should be between 18 and 60 years, at the time of issuance of the policy. However, the age of the life assured at the planned maturity date cannot exceed 75 years.

Additional Protection:

We understand that in addition to the death of the family member, disability and other events may affect the family’s ability to continue payment of premiums under the policy. In order to cater to this, we provide a regular ‘Waiver-of-premium Benefit’ according to which all future premiums would be waived off, while maintaining the level of protection you had initially opted for.

The Benefits:

Keeping in mind the numerous types of loans available, we have designed an extremely flexible plan that can help repay those loans. The plan is available with four interest rate options so that you may choose a rate close to actual loan interest rate. Interest rate options available are 5%, 10%, 15% and 20% per annum. Based on the principal loan amount chosen and the interest rate option selected, each year the capital sum payable at death will decrease. This feature takes into account the fact that the actual loan capital outstanding also reduces with the term. The payment schedule under this plan will be fixed at inception and will not change during the term of the plan. In order to facilitate you, the coverage term exceeds the premium payment term under these policies. You may choose either a single premium version under which only one contribution is required at the time of commencement of the Plan. Whereas, cover is provided for the full term of the Plan. For the regular premium version one of the following options may be selected:
Coverage Term Premium Payment Term 10 6 12 8 15 10 18 11 20 12 25 16