HerCare
Takaful

Introduction

If we can earmark a particular day to celebrate womanhood, shouldn’t we have a woman-specific health Takaful plan too?

Our society has molded gender roles in such a manner that women end up tossing between family and profession. While there’s no denying that women have done a great job at multi-tasking, there are still aspects that get overlooked in the whole balancing act. One of them is health. It is also a fact that among Asian countries, Pakistan has the highest rates of breast and ovarian cancer.

Keeping all of the above in mind Jubilee General Takaful has developed a specific critical illness Participant Membership Document ‘HerCare’ that solely covers illnesses common among women.

Here’s all you Need to know about the Participant Membership Document

This Participant Membership Document pays a lump sum amount equivalent to the amount of Sum Covered chosen, if the participant woman is diagnosed with any of the 8 specified critical illnesses during the tenure of the Participant Membership Document.

‘HerCare’ -Critical Illness Plan for women provides for 8 types of critical illnesses:

  • Breast Cancer
  • Cervical Cancer
  • Burns
  • Paralysis or Multi-trauma
  • Fallopian Tube Cancer
  • Uterine or Endometrial Cancer
  • Vaginal Cancer
  • Ovarian Cancer

What makes the plan unique is that it has certain inbuilt benefits other than the coverage against the specified critical illnesses. Moreover, no additional contribution is required to be paid. The benefit included in the cover is:

Congenital Disability Benefit:

Bearing a child is the most important milestone in a woman’s life and if the child has any congenital disability, the mother suffers the most. The plan lists some common congenital disabilities that a new-born baby might suffer. If the baby suffers from any of the prescribed disabilities, the plan pays 50% of the Sum Covered to the mother. The disabilities covered include:

  • Down’s Syndrome
  • Congenital Cyanotic Heart Disease
  • Trachea-esophageal Fistula
  • Cleft Palate with or without cleft lip
  • Spina Bifida

This benefit is available for the first two children and only if the children are born before the woman attains 40 years of age.

Other features of ‘HerCare’ Takaful are as follows:

  • No medical tests required
  • 14 days free look up period

There are three types of plans:

  • Gold Plan with a limit of PKR 500,000/-
  • Diamond Plan with a limit of PKR 750,000/-
  • Platinum Plan with a limit of PKR 1,000,000/-

  • Entry Age must be between 18-50 years old (once covered, Participant Membership Document can be renewed yearly till 60th birthday)
  • We will not cover any critical illness occurring during the first 90 days of the Participant Membership Document. The waiting period will not apply for renewals.
  • Any benefit will not be available for any pre-existing condition.
  • Participant need to survive for 30 days from the date of diagnosis of critical illness for claim to be admissible.
  • Cover ceases for participant if claim has been paid under the Participant Membership Document.
  • Participant Membership Document cannot be renewed if claim is already paid once.
  • Contribution may vary by age and plan chosen.

HerCare Contribution Table (PKR)
Max Entry Age Age Bands PLANS
Gold Diamond Platinum
Sum Covered PKR 500,000/- Sum Covered PKR 750,000/- Sum Covered PKR 1,000,000/-
18 35 3,000 4,680 5,340
36 40 4,320 6,960 8,040
41 45 6,360 10,380 12,120
46 50 10,380 17,100 20,100
Renewals Only 51 55 19,320 28,080 33,120
56 60 29,880 43,560 51,600

Note: Above rates are inclusive FIF & Stamp duty but Excluding 4% advance tax for non filers.

It’s Time To Make A Choice

Considering the contributions, one can say that the asking rate is extremely low against the coverage being provided. There is nothing wrong in putting family before self, but it is time that you did something for your health and well-being. Given the fact that critical illnesses like breast cancer and cervical cancer are affecting more women than before, it is best to be at least financially covered. You, in your multiple roles, are equally important to your family as your family is important to you. And if you are a caring husband or father, cover your wife or daughter to give her that financial cushion in the face of a medical crisis.

  • Pre-Existing Conditions- Pre-existing Medical Condition means any sickness, disease or injury or any symptom related to such sickness, disease or injury which has been diagnosed, treated or is under treatment or has been known, even if so medical advice or treatment was sought, before the effective date of this takaful. No liability will be accepted by JGI for any Pre-existing Medical Condition.
  • Willful self-inflicted injury by/to the Life Covered or unreasonable failure to seek or follow medical advice.
  • Infection with Human Immuno-deficiency Virus (HIV) or variants (including Acquired Immune Deficiency Syndrome (AIDS)) or AIDS Related Complex (ARC).
  • Radiation induced burns
  • Death within 30 days from the diagnosis of the CI.
  • Willful misuse of drug.
  • Others- Please refer to the Participant Membership Document for complete set of exclusions

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