What is Unit Linked Life Insurance?
Unit linked life insurance policy provides you the opportunity to participate in stock market linked investments, while enjoying the benefits of insurance. The investments are expressed in terms of units and price of investment sub-accounts under a range of investment strategies for you to choose from. Investment in a sub-account is carried out by buying its unit at the Offer Price. The value of the investment sub-account is the number of units held in that sub-account times its unit Bid Price. The Offer Price is higher then the Bid Price by a percentage referred to as the Bid-Offer spread.

What are the investment strategy choices I have?
You have the following investment strategy choices that would match your needs .
financial objectives: Aggressive Strategy: This strategy seeks to provide you with long term capital growth mainly though investments in equities.

Balanced Strategy: This strategy seeks steady growth in capital through a combination of investments in stocks and government securities and/or other secured investments.

Conservative Strategy: The strategy would be the most appropriate for those policy owners, who wish to invest more cautiously. Accordingly, the investments are made in government and/or other secured investments. There is no exposure to the stock market.

Conservative Strategy: The strategy would be the most appropriate for those policy owners, who wish to invest more cautiously. Accordingly, the investments are made in government and/or other secured investments. There is no exposure to the stock market.

Islamic Sharah compliant Strategy: The investment sub-account offered under this strategy conforms to the Sharah Board appointed by the Company or a third party fund manager or by an issuer, as applicable.

Under each strategy you have an investment sub-account as listed in the application. The percentage of premium you wish to allocate to buy units in an investment sub-account should be indication in the application. Each of these percentages should be a multiple of 10% (or zero in case you do not wish to invest in it). The Sum of these percentages must equal 100%

You can therefore direct the investments by creating you own investment strategy portfolio from a range of potions to suit your needs and preferences. You will have the option to switch between investment sub-accounts anytime subject to certain condition

How will my account value build up by the premiums I pay?
The percentages of premium you wish allocate to the investment sub-account (net of premium related expenses) will be applied to buy units of those sub-account at the applicable Offer Price. The units purchased will credited to the appropriate sub-account representing the investment sub-account. Each time you pay premium, more units are added to your sub-account. The number of units added will depend on the Offer Price of the unit on the day of purchase.

To pay the monthly management charges, administration, cost of insurance (if any) and premium for supplementary contracts (if any) deductions will be made each month from the sub-accounts on a pro rata basis by canceling the equivalent number of units at the Bid Price of the sub-accounts

Your account value at any point in time will be the aggregate of the investment sub-account values. The value of an investment sub-account is the number of units held times the unit Bid Price of that sub-account.

What will be the impact on my account value if I stop premium payments?
The monthly deductions for expenses and cost of insurance where applicable will continue to be made from the sub-account, whether or not you pay premium. If you stop premium payment the number of units in each sub-account will continue to deplete.

Your policy will lapse if the aggregate of the sub-account value becomes insufficient to the monthly deduction. As such, it is advisable not to stop premium payments under the policy.

Is there any incentive to continue premium payment?
Yes. Generous incentive is offered in the form of loyalty Bonuses, which are allotted at the end of 5 years period, provided: (A) the policy is in force (B) all the premiums falling due during this 5 years period have been paid and (C) partial withdrawals have not been made during this

5 years period. The bonus amount is applied to buy units in the selected investment sub-account at the Offer Price and added to your account value. The rates of Bonus are as follows:

The account value as well as the Amount will be reduced by the amount of withdrawal. Furthermore, you lose your entitlement to the loyalty bonus if you make partial withdrawal during any of the preceding 5 years. Since VFS is for the financial security of family, it is not advisable to make withdrawals.

Cash surrender value equals the account value less a change. The surrender charge depends on the policy your. The policy acquires cash value after premiums have been paid for tow years.

Can I attach a rider to VFS to enhance benefits payable on death?
Yes. You may do so by attaching Term Life Insurance Rider at an additional premium, subject to your providing evidence of good health to the Company.

What other riders can I attach to NFS?
You may attach the following rider subject to evidence of insurability satisfactory to the Company

Accidental Death Benefit
Waiver of premium
Permanent and Total Disability benefit
Recovery Benefit
Income Benefit

Can I have estimates of the account values at different durations up to the maturity date?
An illustration will be provided assuming 3 different unit Bid price growth rates to give an idea of your account value at different duration up to maturity.
Please note that the entire amounts shown in the illustration are projection and not guaranteed.

What option will I have at maturity with respect to the accumulated account value?
You will have the following option:

The pension is payable for a minimum guaranteed period of 2 year and thereafter for you life-time.

What would happen to the remaining pension payments if die after receiving the pension for, say, only 3 years?
The pension is guaranteed to be payable for a minimum period of 20 years. If you die after 3 years, the pension will continue to your beneficiaries for the remaining 17 years.

Suppose, I receive pension for the guaranteed period of 20 years and continue to survive, will the pension continue?
Of course you will continue to receive pension beyond 20 years for as long as you. Pension will stop your lifetime. Please note that the pension is payable for your lifetime, with minimum payment guaranteed for 20 years.