Introduction:
Life is precious and beautiful.
However, it is full of uncertainties and unexpected events. Accidents can unfortunately happen anytime, anywhere and shatter a steady and comfortable family life.
The family breadwinner’s loss of life resulting from an unforeseen accident, can have serious financial consequences and suddenly derail all of life’s plans. To mitigate the devastating effects of such rare – but unfortunately possible – life events, JazzCash presents* Income Protection Plan which addresses a family’s immediate financial challenges in the event of such a tragic life event.
Product Features:
- Financial Income Protection: Lumpsum payment of PKR 600,000 or Monthly Income of PKR 25,000 for two (2) years if JazzCash Account holder dies due to an accident**.
- Accident Medical Expense: If JazzCash Account holder gets injured due to accident, he or she can get up to PKR 10,000 per year with sublimit of PKR 5,000 per event or per accident subject to waiting period of 15 days.
- PKR 10,000 per year with sublimit of PKR 5,000 per event or per accident subject to waiting period of 15 days.
- Scope of Cover: 24-hour Worldwide
- Benefit Policy: Payable in addition to any other insurance policy in place
- Paperless Enrolment Process: Paperless enrolment process allows enrolment in a matter of few minutes. No medical examinations are required for enrolment.
- * This policy is underwritten by Chubb Insurance Pakistan Limited.
- ** This Policy does not cover natural death.