Mahfooz Mustaqbil (Discontinued)

Mahfooz Mustaqbil-The family breadwinner’s loss of life, or even disability, resulting from an unforeseen accident, can seriously derail plans for the children’s bright future. To mitigate the devastating effects of such rare – but unfortunately possible – life events, JazzCash presents Mahfooz Mustaqbil

Mahfooz Mustaqbil safeguards children’s future by providing Rs. 400,000 for just Rs. 549 per year to help fund his/her education expenses should the Policy holder die or become permanently disabled due to an Accident.

Product Features:

  • Financial Protection: Lump sum payment of Rs. 400,000 will be provided to Insured’s Children (or their legal guardian) to guarantee financial protection in case of Death or Permanent Disability of the Policy Holder due to Accident.
  • Paperless Enrolment Process: Paperless enrolment process allows enrolment in a matter of few minutes. No medical examinations are required for enrolment.

JazzCash in partnership with Chubb Insurance Pakistan Limited, brings JazzCash Mahfooz Mustaqbil providing financial
coverage of Rs. 400,000 in case of your Accidental Death &/or Accidental Permanent Total Disability

The following grid provides the insurance coverage amounts and annual premium:

Charges for 1 year (Rs.) 549
Cash benefit in case of death or permanent disability due to Accident (Rs.) 400,000
  • Inclusive of Terrorism
  • No Medical Examination required to enrol
  • Pays on top of any other insurance coverage you may have (although multiple Mahfooz Mustaqbil are not permitted)
  • Paper-less enrolment

Terms and Conditions

  • Duration of the insurance is for 1 year from the date of enrolment
  • Enrolment Age Limit: 18—70 years
  • A Policyholder shall not be covered under more than one Mahfooz Mustaqbil offered by Chubb Insurance. In the
    event that a Policyholder is covered under more than one such Plan, Chubb will consider that person to be
    insured under the Plan first issued. Chubb will refund any duplicated insurance premium payment which may have
    been made by or on behalf of the Policyholder.


General Exclusions include but are not limited to:

  • Pregnancy or Childbirth
  • Suicide
  • War
  • Military Service
  • Mental or Nervous Disorder
  • Drug Addiction and Alcoholism
  • Death or Disability due to pre-existing disease.
  • Natural Death

Important Information

Mahfooz Mustaqbil is underwritten by Chubb Insurance Pakistan Limited. Jazz Cash and Mobilink
Microfinance Bank’ are distributors of Mahfooz Mustaqbil and Chubb Insurance Pakistan Limited is responsible for
handling and paying all the claims. For claims and to request the hardcopy of  policy document, please
  Chubb Insurance Pakistan Limited at nationwide toll free number 0800 54321 or UAN
021-111-789-789 or email: Chubb Insurance Pakistan
Limited is located at 6th Floor, NIC Building Abbasi Shaheed Road off Shahra-e-Faisal, Karachi.

Does Mahfooz Mustaqbil provide cover on Natural Death also?

  • Mahfooz Mustaqbil provides 24 hour worldwide cover for Accidental Loss of Life or Accidental Permanent Disability. Loss of Life events like sniper firing, armed burglary, murder, drowning, falling from stairs are all covered. Natural Death due to disease or illness is not covered.

Claim Process:

  • For claims, please call Chubb Insurance Pakistan Limited at nationwide toll free number 0800 54321 or UAN 021-111-789-789 or email:
  • Or call our JazzCash helpline number 4444. Our representative will guide through the claim process.

Documents Required for Claim:

  • Claim Form
  • Copy of Policyholder’s CNIC
  • Copy of Beneficiary’s CNIC (if different)
  • Death Certificate from Union Council (in case of Accidental death claim)
  • Evidence of Injury (in case of Permanent Total Disability claim)
  • Copy of Hospital Record and Details of treatment provided (in case of Permanent Total Disability claim)
  • Copy of FIR (in case of police involvement)
  • Copy of Succession Certificate from the Honorable Court which has jurisdiction to entertain the succession application of the Policyholder (in case of Accidental death claim)

Claims are settled within seven (7) business days, after completed documents are received.

Cancellation Process:

  • Customers can cancel their subscription within 14 days of registration by calling 4444.

For detailed policy document Click Here