Income Max
With Income Max you can gain maximum returns on your savings through a great mix of investment choices. You can make limited withdrawals at any time for short or mid-term purchases (e.g. buying a house), and enjoy flexibility to meet any other unexpected financial requirement. At the end of the policy term you receive your accumulated investments as a lump sum amount making you ‘Har Pal Mehfooz’.
Specially designed for MCB Bank Limited customers by IGI Life to meet a number of long term financial needs e.g. daughter’s marriage, children education etc.
Salient Features
- In case of your untimely death we ensure to provide your loved ones with the finances you had planned for them
- Flexible premium payment option for the customers subject to the minimum acceptable premium limit prescribed
- Premiums are invested according to four distinct strategies as chosen by the customer: Conservative, Balanced, Aggressive, and Islamic Shari’ah Compliant
- Additional benefits/ supplementary riders are available to enhance coverage
- Option to deposit additional funds to your regular plan at any policy anniversary, called the Account Value Acceleration Premium (AVAP) which can be redeemed any time
- The longer you continue the plan the higher the reward you will gain in form of generous loyalty bonuses starting from fifth policy anniversary and payable every five years thereafter
- On maturity, the accumulated account value will be paid to you in lump sum
- Multiple modes of premium payment available for the convenience of the customer: Annual, Semi-Annual, Quarterly and Monthly (via direct debit banking order only)
- Partial withdrawals can be made at any time after the 5th policy year.
- Facility of paying Account Value Acceleration Premium.