Halal Investment Plan
This policy helps to provide a lump sum through planned and disciplined savings. A guaranteed benefit is paid at the end of the plan. On death during the plan, a sum assured is paid.
- The Plan is Open to All
- Systematic Savings and Investment
- Allows owning multiple shares by several units.
- HIP will be based on al-Wakalah principle.
- Age between 18 to 60 years
- Flexible payment method (Monthly, Quarterly, Half-yearly, Yearly and Single Payment)
- Scopes of cover are Death and Permanent Total Disability.