Insurance

Beema

jazzcash-beema

JazzCash brings “JazzCash Beema*”; a unique Life insurance cover, through which our Mobile Account Customers upon saving Rs. 2,000 or more in their Mobile Accounts can get Life and Accidental Death Insurance of up to Rs. 1.3 Million absolutely free. The amount of the insurance depends upon the monthly average balance maintained in the JazzCash Account. Hence higher the balance, higher will be the insurance coverage.

  • Ease of product subscription: Mobile Account Customers can subscribe for JazzCash Beema by dialing JazzCash helpline 4444 from their mobile phones
  • Flexibility of product subscription: Unlike traditional banking, existing Mobile Account Customers can subscribe for JazzCash Beema 24 hours a day, 7 days a week
  • Natural Life and Accidental Life Insurance cover
    • Terrorism coverage**
    • Complete coverage during riots & strikes **
    • Additional Funeral Benefit in case of accidental death

    * JazzCash Beema is underwritten and managed by Adamjee Life Assurance Co. Ltd. which is registered and supervised by Securities and Exchange Commission of Pakistan
    ** In these circumstances, the natural death benefit will only be applicable

The following grid provides the insurance coverage amounts:

Plan Name Mobile Account Balance Natural Death Benefit Accidental Death Benefits***
Life Lump sum Monthly Benefit
Plan A 2,000 – 5,000 50,000 100,000
Plan B 5,001 – 10,000 100,000 200,000
Plan C 10,001 – 25,000 250,000 500,000 2,500 / month for 5 years
Plan D Above 25,000 500,000 1,000,000 5,000/month for 5 years

***Funeral benefit of Rs. 5,000 payable for all accidental death cases in addition to the benefit.
***Subject to terms and conditions

Simple Signup Process

  • Existing JazzCash mobile account customers can subscribe to JazzCash Beema by simply dialing the JazzCash helpline, 4444, and place a subscription request. You will be required to provide the name and valid CNIC number of the intended beneficiary on call.
  • Customers who do not have a JazzCash customers can simply dial *786# from their biometrically verified Jazz number to open a JazzCash Mobile Account. Once the mobile account is registered place a call to 4444 to subscribe to JazzCash Beema.

Terms and Conditions

  • Subscribers will have to maintain an average monthly balance of Rs. 2,000 in their JazzCash Mobile Account to become eligible for the free Life and Accidental Death Insurance.
  • Duration of the insurance is for 30 days and it will be provided in the month following the average balance maintenance month.
  • Age Limit for JazzCash Beema
    • Minimum Entry Age: 18 years (nearest birthday)
    • Maximum Entry Age: 59 years (nearest birthday)
    • Maximum Coverage age: 60 years (nearest birthday)
  • Exclusions
    • For Natural Death
      • Intentional self-inflicted injury, participation in any criminal act, violation of law.
      • Failure to seek or follow medical advice, taking of alcohol or drugs.
      • War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection by military or usurped power, Direct participation in riots or civil commotion
    • For Accidental Death
      • Murder (If the assured is a victim, benefit under natural death will be payable)

Claims arising due to insured travelling in war inflicted areas

Services Charges

JazzCash Beema is free of charge for JazzCash Customers.