Voluntary Pension Scheme
Planning for your retirement is one of the most important things anyone has to do. With HBL Asset Management’s pension plans, you can now start your planning for your hassle-free post-retirement life. Our Pension Schemes aims to provide secure source of savings and regular income to investors after retirement. Based on your risk appetite, investments are made in flexible allocation schemes to deliver superior-risk adjusted returns.
Free Insurance / Takaful Coverage
You can save up for a prosperous post-retirement life and also enjoy peace of mind with free Insurance / Takaful coverage where ever you are. This insurance coverage is subject to maintaining a minimum balance of Rs 100,000 in your pension plan.
Effective November 13, 2018, eligible pension fund customers now enjoy free insurance / Takaful cover of up to Rs. 5,000,000/-* through Jubilee Life Insurance.
|Balance Amount||In case of Natural Death
|In case of Accidental Death
|Below Rs. 100,000||None||None|
|At least Rs. 100,000 but less than Rs. 200,000||Rs. 150,000||Rs. 1,000,000|
|At least Rs. 200,000 but less than Rs. 400,000||Rs. 300,000||Rs. 1,500,000|
|At least Rs. 400,000 but less than Rs. 600,000||Rs. 500,000||Rs. 2,000,000|
|At least Rs. 600,000 but less than Rs. 800,000||Rs. 750,000||Rs. 3,000,000|
|At least Rs. 800,000 but less than Rs. 1,000,000||Rs. 1,000,000||Rs. 4,000,000|
|At least Rs. 1,000,000 or more||Rs. 1,500,000||Rs. 5,000,000|