Give assurance to your loved ones.

Special Features

Secure for life provides you a solution that would allow your loved ones to financially manage situations which may go beyond control and a way to provide for your family's future goals, expenses and protect them from harsh uncertainties of life.

Standard Chartered Bank (Pakistan) Limited brings you Secure Life Plan through Jubilee Life Insurance. The life insurance plan aims to earn efficient returns over the long-term and helps you to plan for your future financial goals.

Special Features of Secure for Life

  • This is a whole life plan.
  • Periodic reviews to keep the plan in line with changing requirements.
  • The flexibility of paying premiums for only a selected period.
  • Premiums may be increased annually upon your request to cover inflation impacts.
  • Choice in the level of cover.
  • Flexibility of Partial Withdrawals.


  • Maturity Benefit:
    The policy matures on completion of the policy term chosen by you (minimum term 2 years and maximum term 99 years). You will receive the cash value as on policy maturity date as per the settlement option chosen by you.

  • Death Benefit:
    On death before the policy maturity date, the sum assured or the fund value, whichever is higher, will be payable to the nominees of the policyholder.

    This plan gives you option to increase or decrease your life insurance cover at the time of plan sale. Death benefit is determined in terms of multiples of your annual basic premium. You may select multiples subject to certain age and underwriting restrictions.

  • Unmatched Riders:
    In order to avail supplemental insurance coverage, there are a host of insurance riders which may be attached with the main SLP. Some of them are mentioned as under:

    1. Family Income Benefit
    2. Accidental death Benefit
    3. Critical Illness Benefit
    4. Hospitalization Cash Rider


Let us draw an example:

Your age is 30 years and your goal is to secure your future

  • Your age: 30 Years
  • Your annual contribution: PKR 100,000
  • Your life insurance cover: PKR 1,500,000* (this may be increased or decreased keeping in view your desired goals)
  • Term of the plan: 20 years
  • Assuming 7%, 9% and 11% annual unit growth rates

Accumulated amount along with insurance protection offered during insurance plan's term will be as follows

7% p.a.unit growth rate*
Policy Year Death Benefit Cash Value (PKR)
5 1,500,000 407,000
10 1,500,000 1,088,000
15 1,981,000 1,981,000
20 3,138,000 3,138,000
9% p.a.unit growth rate*
Policy Year Death Benefit Cash Value (PKR)
5 1,500,000 427,000
10 1,500,000 1,205,000
15 2,324,000 2,324,000
20 3,919,000 3,919,000
11% p.a.unit growth rate*
Policy Year Death Benefit Cash Value (PKR)
5 1,500,000 449,000
10 1,500,000 1,335,000
15 2,732,000 2,732,000
20 4,918,000 4,918,795

Determination of sum assured may involve medical undertaking of the policy holder in certain cases.

The illustration above is not the product; it is the anticipated projection of future benefits.

Important Notes:

  • The cash values given in the table are illustrated based on assumptions. The actual values can be higher or lower than the ones illustrated above depending upon the performance of the underlying investments in Jubilee Life Insurance Managed Fund.
  • Unit growth rate is assumed on 7%, 9% & 11%.
  • The premiums paid in Unit Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of funds and factors influencing the capital market and the insured is responsible for his / her decisions.
  • Jubilee Life Insurance Company Limited is only the name of the insurance company and Secure Life Plan (SLP) only the name of the unit linked life insurance contract and does not in any way indicate the quality of the contract its future prospects or returns. The fund offered under this contract is the name of the fund and do not in any way indicate the quality of this plan, the future prospects and returns.
  • Service charges and taxes will be applicable incase of being stipulated by the relevant authorities.
  • Past performance of funds is not necessarily a guide to future performance. Any forecast made is not necessarily indicative of future or likely the performance of the funds.
  • The products is not guaranteed or insured by Standard Chartered Bank (Pakistan) Limited product.
  • The product is underwritten by Jubilee Life Insurance.

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