:.. ALICO-AIG [American Life Insurance Company Pakistan] Limitted ..:

Individual Life Insurance Plans
ALICO Saving Plan for your Daughter's Marriage

How does the Plan work?

The Plan is designed to generate funds to meet your daughter's marriage expenses on payment of regular premium.

We will need the following information to quote the premium:

Years to Marriage

Target Marriage Fund

Your Present age

You may have to investigate the current level of marriage expenses and apply inflation factors to estimate the expenses about the time your daughter is expected to get married.

The premiums will be payable from the date you buy the policy until the time you need the funds for the marriage. This period can vary from 10 years to 25 years. At the end of this period, the accumulated account value will be paid to you.

What if I die before completing the premium paying period?

The plan has an in-built insurance protection that guarantees payment of all

the due premiums from the date of death or disability of the payor (God forbid). This means the target marriage fund will be provided by ALICO on the originally planned date if you are not there.

Can ALICO arrange a monthly income for my daughter following my death or disability during the premium paying period?

Yes of course. We offer an optional income benefit rider(for additional premium). IBR pays a monthly income from the date of death/disability until the end of the IBR term. The amount of monthly income is decided by you.

Do I have to submit any evidence of good health, undergo medical exams to buy this plan?

Yes. Evidence of good health or medical exams will be required. The extent of medical exam and tests will depend on your age the target marriage fund, the premium paying period (i.e., the period from now until the payment date of the target marriage fund) and the amount of monthly income benefit elected.

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