HomeCare
TAKAFUL

Introduction

A range of Home Takaful plans which you can select as per your needs. HomeCare plans are exclusively designed. Home takaful plans that provides extensive cover for Cash, Jewelry, Home contents as well as Home Structure. The plan coverage is also extended for Loss of Rent in Plan B & C only.

This Participant Membership Document is designed with the intention to provide the maximum risk coverage for Home Contents & Building. Some major risks are specified below:
  • Fire & Lightning
  • Riot & Strike
  • Malicious Damage
  • Explosion
  • Impact Damage
  • Atmospheric Disturbance
  • Aircraft Damage
  • Burglary
  • Loss of Rent
  • Earthquake
  • Accidental Glass Breakage (Glazing)
  • Accidental Damage to underground tanks

  • Get online in easy steps
  • Easy payment options of Cash on Delivery and Credit/ Debit Card
  • Dedicated Toll-free line for claims, queries, complaints and feedback
  • Speedy claim processing facility
  • Document is received in real time on receipt of contribution

Most beneficial features of Jubilee General HomeCare takaful include:
  • Structured product options
  • Individual can purchase multiple coverage for any/or each plan
  • No requirement of declaration
  • No under takaful applicable
  • Easy claim settlement process

There are 3 types of plans:
  • Plan A with a limit of PKR 650,000/-
  • Plan B with a limit of PKR 2,400,000/-
  • Plan C with a limit of PKR 4,800,000/-

  • This Takaful is subject to:
    • Pair/Set Clause
    • Terrorism and Sabotage Exclusion clause
    • Limitation and exclusions clause (LMA 3100)
  • Warranted that the said building is of R.C.C Pucca Construction
  • Karachi Jurisdiction and Law will be applicable
  • It is warranted that Jewelry covered under the within mentioned Participant Membership Document will be kept under lock & key when not in use
  • All Terms, Conditions and Exclusions as per standard Jubilee General HomeCare PMD wordings and Clauses

This Participant Membership Document does not cover death or bodily injury due to or resulting from-
  • Any consequential loss.
  • Damage due to Ionizing radiations or contamination or combustion of nuclear fuel.
  • Damage due to radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof.
  • Any loss or damage or liability, whether directly or indirectly by reason of, or in connection with war, invasion, act of foreign enemy, hostilities or warlike operations (whether war has been declared or not), civil war, rebellion, revolution.
  • Any loss destruction or damage directly occasioned by pressure waves caused by aircraft and other aerial devices travelling at sonic or supersonic speeds.
  • Others- Please refer to the Participant Membership Document for complete set of exclusions.

Risk Covered Plan A Plan B Plan C
Building Structure - 1,000,000 2,000,000
Loss of Rent - 100,000 200,000
Content 500,000 1,000,000 2,000,000
Cash & Jewelry 150,000 300,000 600,000
Total Sum Covered 650,000 2,400,000 4,800,000
Net Contribution (PKR) 13,000 24,000 39,500

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