In our surroundings we see that people often take loans for the marriage expenses. The only reason for this is not only improper expenses but even if any body will do a marriage in a proper manner he requires an amount for the expenses. When these expenses come near, many people face big trouble in managing these expenses. If they choose Loan as a good short-term solution than they pay it by suffering their regular expenditure for a long period of time.
Last but not the least that it is better to plan today your tomorrow with any logical plan and relying on ALLAH Almighty. A regular disciplined saving can make us ease in coming financial challenges regarding our loved-ones. Marriage Plan from Takaful Family Products is specially designed to fulfill this need of parents. It gives protection that if you start the plan once than even if you are not present, this plan will continue for your child along with a regular monthly support. Also it is a best-disciplined way in order to have a good lump sum amount on maturity of plan.
The Children Marriage Plan contains these key benefits & features:
- As Financial Protection for your Family, In case of Death (God Forbid), Takaful Account will pay all remaining yearly Contributions till end of the Plan.
- As another key Financial Protection feature for your Family, In case of Death (God Forbid), an agreed monthly Family Income Benefit will be payable by Takaful Account till the end of the Plan.
- Through your PIA (Participant's Investment Account) your amount will be invested in Halal & Riba Free businesses.
- On maturity, the matured amount will be paid to your nominated child to fulfill his/her financial needs.
- Partial withdrawals from the PIA (Participant's Investment Account) are allowed in case of need (rules & regulations apply).
- This plan is available for all Pakistanis around the world.
- This is a Tax Free Plan.
