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This plan is designed for farsighted individuals who aim to secure their own and their loved ones’ future while also receiving benefits on their hard-earned income. It is suitable for both salaried and business-oriented individuals between the ages of 18 and 65 at the time of purchase. The plan coverage can continue up to a maximum of 85 years of age.

Account Value Acceleration Premiums (AVAP)

This is a regular premium plan, but customers may top up their regular premiums by depositing surplus funds as lump-sum contributions, called Account Value Acceleration Premium (AVAP) payments. These can be made at any time. AVAP payments increase the Account Value but do not affect the basic sum at risk.

Premium Indexation

This optional feature allows your premium and face amount to increase by a fixed amount annually, leading to better cash value accumulation and a higher maturity benefit. You may opt out later and continue with a level premium, subject to certain terms and conditions.

You are eligible for the Invest Max Plan if you are between 18 and 65 years of age. The policy term can range from 10 years up to the insured’s age of 85 years at maturity.

Death Benefit

In the unfortunate event of death, the higher of the Account Value or Basic Face Amount (less any partial withdrawals), plus the Account Value of AVAP payments (if any), will be payable.

Maturity Benefit

Upon maturity, you will receive the Account Value plus the Account Value of AVAP.

If the customer opts for the Vitality Program at policy inception, the following will apply. The customer can cancel Vitality membership at any time. However, upon cancellation, a new Vitality-integrated Invest Max policy must be purchased to rejoin.

Vitality Benefits – Weekly Active Rewards

Upon achieving the weekly Active Reward goal, the customer can select one of the following rewards:

  • An Easy Tickets voucher for a 50% discount on cinema ticket bookings.

  • An Easy Tickets Mobile Top-Up, providing a PKR 500 mobile voucher creditable to any GSM mobile network in Pakistan.

  • A Foodpanda voucher for an Rs. 500 discount at selected restaurants or grocery stores.


Vitality Integrated Benefit

On every fifth policy anniversary, an additional amount (percentage of premium) is paid into the Account Value as a Vitality Integrated Benefit, provided the customer achieves Silver, Gold, or Platinum status. The benefit depends on the Vitality Status and Face Amount Multiple.

Face Amount Multiple Bronze Silver Gold Platinum
5 to 10 0.0% 0.0% 0.0% 0.0%
11 to 20 0.0% 2.50% 5.00% 9.00%
21 and higher 0.0% 5.00% 10.00% 18.00%

These statuses are based on achievement of specific goals and assessments as outlined in the Vitality terms and conditions.


Vitality Integrated Benefit on Death

If the insured dies, any accrued but uncredited Integrated Benefit will be added to the Account Value for the calculation of the Death Benefit.

Vitality Integrated Benefit on Disability

In the event of permanent total disability, the accrued Integrated Benefit is credited to the Account Value.

Vitality Integrated Benefit on Surrender

  • In case of full surrender, any uncredited Integrated Benefit will not be payable.

  • In case of partial surrender, the Integrated Benefit for that 5-year period will not be paid.


Miscellaneous Salient Features

  • The Integrated Benefit will not be paid for any 5-year period during which premium payments were skipped.

  • Each Vitality Integrated policy held by the same policyholder is independently eligible for the Integrated Benefit.

  • If a policyholder opts out of Vitality, all integration benefits and Vitality Fee deductions cease. However, the base unit-linked plan will continue. Rejoining requires purchase of a new policy.

The plan allows additional supplementary benefits for enhanced protection:

  • Family Protection Benefit – Disability (FPR-Disability): Waives future premiums upon permanent total disability.

  • Health Sure: Covers hospitalization expenses due to illness or accident.

  • Accidental Death Benefit (ADB): Pays an additional benefit in case of death by accident.

  • Level Term Insurance Benefit (LTR): Enhances death benefit through an extra face amount.

  • Income Benefit – Death (IBR-Death): Provides monthly income to beneficiaries upon the insured’s death.

  • Income Benefit – Disability (IBR-Disability): Provides monthly income if the insured suffers permanent total disability.

  • Elaj Aasan (EA): Pays the Face Amount upon first diagnosis of specified diseases, post a 14-day survival period.

  • Permanent and Total Disability (PTD): Pays the PTD Face Amount in three installments (20%, 30%, 50%) over 24 months. If death occurs before full payout, the balance is paid as a lump sum.

  • Accidental Care Benefit (ACB): Covers death, disability, or dismemberment due to an accident.

  • Accident Medical Expense Reimbursement (AMR): Covers reasonable, customary medical expenses due to accident.

Note: Additional premiums are charged for each optional supplementary benefit.

The bank charges no fees for this product. However, IGI Life levies the following charges:

Charge Type Amount
Fund Management Charges 0.125% per month (all years)
Surrender Charges 100% (1st & 2nd year), Nil after
Admin Charge PKR 175 per month
Bid-Offer Spread 5%
Investment Strategy Switching Fee PKR 500 per switch
Processing Fee PKR 500 per partial withdrawal or surrender

Note: Charges are subject to change without prior notice.


Vitality Fee

A fee of Rs. 320 per member will be deducted monthly from the Account Value. This fee may be revised at the company’s discretion. If a customer holds multiple Vitality Integrated policies, the fee is charged on only one policy.

Our claim settlement process is prompt and hassle-free. For assistance, contact Customer Services at:
[email protected]

You may also file a claim online via:
http://igilife.com.pk/claim-intimation

Alternatively, submit a signed claim intimation letter from the policy owner or claimant with details of the event (death, disability, or sickness), including:

  • Cause

  • Date

  • Place

  • Name of the covered person

  • Contact details of the claimant

Our team will contact you with the next steps.

Minimum Basic Premium amounts:

Payment Mode Minimum Premium (PKR)
Annual 150,000
Semi-Annual 75,000
Quarterly 37,500

AVAP payments require a minimum of PKR 150,000, with no maximum limit.

There is no upper limit on total premium contributions, offering full flexibility to meet your financial goals.

IGI Life Invest Max offers one of the best premium allocations, thereby optimizing the returns on your investment. The proportion of Basic Premiums and AVAP allocated to Account Value is as follows:

Policy Year % Allocation of Premium to Account Value
1 57.5%
2 95.0%
3 100.0%
4 – 5 102.0%
6 & onwards 105.0%
AVAP 100.0%

The longer the plan is continued, the greater the rewards. The extra unit allocation is as follows:

Policy Year Extra Unit Allocation as % of Basic Premium
4 – 5 2.0%
6 & onwards 5.0%

This is the guaranteed amount payable upon the death of the insured customer. The Basic Face Amount is a multiple of the Basic Premium, depending on the customer’s age as follows:

Age Minimum Maximum
Up to 50 5 40
51 to 55 5 20
56 to 60 5 15
61 & onwards 5 5

If you cancel your policy within a free look period of 14 days from the policy issue date, you are entitled to a full refund of the premium, minus any expenses incurred by IGI Life in connection with your medical or clinical examinations.

The customer has the right to fully surrender his/her policy by redeeming all the units in the Account Value. In the case of complete surrender during the first two policy years, a surrender charge (as shown below) will be deducted. The units will be redeemed at the bid price, and the policy will be terminated.

Policy Year % of Account Value Deducted
1 to 2 100%
3 onwards Nil

You have the option to choose from the following Investment Strategies based on your risk profile and financial goals:

IGI Secure Fund

  • Fund Classification: Money Market Fund

  • Risk Profile: Low

  • Aims to preserve capital through investment in sovereign bonds only. Ideal for individuals who are risk-averse.

IGI Conservative Fund

  • Fund Classification: Income Fund

  • Risk Profile: Moderate

  • Invests in government and/or other secured instruments. No exposure to the stock market under this strategy.

IGI Balanced Fund

  • Fund Classification: Balanced Fund

  • Risk Profile: Medium

  • Seeks steady capital growth through a mix of stock market and government/secured investments.

IGI Aggressive Fund

  • Fund Classification: Aggressive Fund

  • Risk Profile: High

  • Designed for long-term capital growth primarily through equity investments.

IGI Islamic Fund

  • Fund Classification: Income Fund (Shariah-Compliant)

  • Risk Profile: Moderate

  • Conforms to Shari’ah principles by investing in Shari’ah-compliant instruments/assets.

Q. How do I pay the premium?

Premium payment is made directly via direct debit from your Allied Bank Limited account.

Q. Who is the underwriter of Invest Max Plan?

The Invest Max Plan is underwritten and issued by IGI Life Insurance Limited.

Q. Is there any medical examination?

A medical examination or laboratory tests may be required if your total life cover—including the Basic Face Amount under Invest Max Plan and other life insurance policies from IGI Life—exceeds the non-medical limit defined by IGI Life or if you disclose an adverse medical history.

Q. What if I am unable to make the premium payment within the due date?

  • In the first two policy years, if the premium is not paid within 31 days of the due date, IGI Life will return your cash surrender value, thereby terminating the policy and all associated benefits. The policy may be reinstated upon payment of the due amount, subject to certain terms and conditions set by IGI Life.

  • In subsequent years, the policy will not terminate as long as the Account Value or Cash Surrender Value is sufficient to cover the monthly deductions.

In case of complaint or for further details, please contact:

IGI Life Insurance Limited
Suite No. 701–713, 7th Floor, The Forum, G-20, Block-9, Khayaban-e-Jami, Clifton, Karachi – 75600
Tel: (+9221) 111-111-711
Fax: (+9221) 3529-0042
Website: www.igilife.com.pk
Email: [email protected]

  • Allied Bank Limited (ABL) acts solely as a Corporate Insurance Agent (Distributor) for the Invest Max Plan on behalf of IGI Life. ABL bears no responsibility towards any party, including insured customers, beneficiaries, or third parties.

  • ABL is a third-party distributor. The product is not guaranteed or insured by ABL or its affiliates and is not a product of Allied Bank Limited.

  • Past fund performance is not indicative of future results. Any forecasts provided are not assurances of future performance.

  • IGI Life refers to IGI Life Insurance Limited, with whom the policyholder has a direct relationship. IGI Life invests according to the investment strategies selected by the customer. Policy Account Value reflects the performance of these strategies.

  • Investment Account earnings may rise or fall. Neither principal nor returns are guaranteed. Investment risk is fully borne by the policyholder.

  • To better serve policyholders or comply with new legislation, IGI Life may add, merge, or remove sub-accounts and/or funds without prior notice. These changes do not alter IGI Life’s obligations under the Invest Max Plan.

  • Investment strategies and sub-accounts depend on IGI Life’s ability to invest in mutual funds or other instruments. Fund composition may vary over time; updated details are available on the company’s website.

  • Your investment always remains within your IGI Life Policy and the selected Investment Strategies. IGI Life is the investor and legal owner of units in the associated funds.

  • IGI Life and its affiliates do not provide investment advice related to any strategy or fund, nor do they offer religious compliance guidance on fund compatibility.

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