Savings Plan Savings for the future

C C hoosing the Right Investment High value savings and investment plan Provides rapid accumulation of fund value for early years Accumulates your valuable contribution and provides you a large sum at the end of savings term Additionally you are provided valuable life insurance coverage during the entire savings period Looking for a tax free investment? EFU LIFE SAVINGS PLAN Not only provides you valuable life insurance coverage but also works as a tax savings investment vehicle. S S alient Features

F F und selection option You have the flexibility to select from one of the following unit savings fund based on your risk appetite and investment objective. EFU Managed Growth Fund EFU Guaranteed Growth Fund A A ccess to your savings If needed you can Encash your Plan after 2 years premium payment Provides you a facility for partial withdrawals depending on your needs R R etirement Income At the end of the savings term, the accumulated fund value may be utilized to provide a monthly pension.

PC P ayment of C ontribution Employer sponsored mechanism providing savings and retirement benefits. Monthly contribution – employee – employer. Generally in the range of 8.33% of basic salary per month. All Provident Funds sponsored by employers come under the purview of Provident Fund Rules of the Income Tax Ordinance P rovident F und

ITR I ncome T ax R ules 2002 Recognized Provident Funds The Rules allow deduction from provident fund balance to pay premiums of life insurance policies. Conditions for such withdrawals are: 1. Policy is to be assigned to the trustees of the provident fund (Rule 103 (1) h) 2. Premium payment receipt is to be handed over to the trustees for inspection (Rule 103 (1) h) PFR P rovident F und R ules

3. Each withdrawal cannot exceed 18 times monthly salary of the employee or the total accumulated provident fund balance, whichever is less (Rule 104 (1) d) 4. Amount withdrawn for premium payments does not have to be repaid to the trustees (Rule 106 (1)) Employee has to give a written request to the trustees for deduction of the amount of premium from the provident fund balance and pay to the insurer. ITR I ncome T ax R ules 2002

The plan also takes into account the effect of annual inflation To retain the purchasing power of the Plans benefits Each year the contribution would increase by 7% of the initial contribution Security and Peace of Mind M M aturity Benefit Basic Cash Value of the units applicable to the basic plan premium Plus Cash value of the units applicable to FAP I I nflation Protection The Plan also has the flexibility of paying level premiums

O ther Important Details M inimum Contribution Rs. 12,000 per annum. Any period between 10 and 40 years. A ge of Entry I nvestment Management Charge 0.125% of the fund value per month. B id/Offer Spread 5% of the net contribution. 18 to 60 years next birthday A dministrative charges Rs. 240 per annum. (if premium is less than Rs.25,000) T erm U U nit Allocation Policy yearAllocation percentage 150 % 290% 3 onwards100% %* 11 onwards105%* *if Basic Plan contribution is over Rs.20,000; otherwise 100%

A A dditional Benefit Riders This rider increases the level of life cover. A A dditional Term Assurance A A ccidental Death & Disability Benefit F F amily Income Benefit A fixed amount is monthly payable to help maintain your familys standard of living. In the unfortunate event of death or disability as a result of an accident, you can be covered for an additional amount. A A ccidental Death & Disability Benefit Plus It provides the sum assured if an individual becomes permanently and totally disabled.

L L ifeCare Benefit Plus On the diagnosis of a critical illness, this rider provides an additional amount equal to the basic sum assured. W W aiver Premium The contribution of the plan will be taken care of by EFU Life in case you are unable to follow an occupation (and your savings program continues). L L ifeCare Benefit This benefit provides a pre-payment of the Basic Sum assured if an individual is diagnosed with a critical illness.