State Life · Wealth management
State Life Takaful Child Education Plan 2026
Fund a child's education or marriage on the Shariah-compliant track — and if the payer dies, State Life credits the remaining contributions itself so the child's fund still completes.
- Entry age
- 18–57 years
- Policy term
- 10–30 years
- You pay
- Throughout the term
- Covered for
- The full term you choose
- Child's age
- 1–15 years
- Online calculator
- No — personal illustration
- Bonus basis
- Takaful surplus sharing (Waqf pool)
- Official page
- statelife.com.pk ↗
How it works
The Takaful Child Education & Marriage Plan, explained plainly
The Takaful version of the child plan builds a unit-linked fund for a named child over 10 to 30 years, inside the Tayyab window's participants' pool.
Its defining protection: if the paying parent dies during the membership, future contributions are waived — State Life credits them to the child's investment fund — and the accumulated value is still paid at maturity.
At maturity the child receives the accumulated value of the investment fund; pool surplus, when declared, is shared among participants proportionately.
What the policy pays
Benefits, as State Life defines them
- On maturity: the accumulated value of the child's investment fund, for education, marriage or a start in life.
- If the payer dies: future contributions are waived and credited to the fund by State Life; the plan completes for the child.
- If the child dies while the payer lives: switch the membership to another child, continue it, or end it and take the fund's value.
- Year-end pool surplus distributed among participants proportionately.
Optional riders: Family Income Benefit (FIB) · Accidental Death Benefit (ADB) · Accidental Death & Disability Benefit (one accidental rider at a time)
Paraphrased from State Life's official plan page (checked 2026-09-03). The policy document governs.
✓ Who it suits
- • Parents who want the education fund on a Shariah-compliant contract.
- • Families for whom the waiver matters most: the fund completes even if the earner does not see it through.
✗ Who should not buy it
- • Anyone who wants a payout fixed to a sum assured — this version pays the fund's accumulated value.
- • Horizons shorter than the 10-year minimum term.
We would rather lose a sale than fit you to the wrong plan.
Your exact number
Takaful Child Education & Marriage Plan: quoted by personal illustration
State Life's public premium calculator does not include this plan, so there is no instant online figure — from us or anyone else.
Send us your date of birth, the sum assured you have in mind and how you would like to pay — we return State Life's own illustration for this plan, usually within one business day, with no obligation.
The growth engine
How your money actually grows
Most State Life savings plans are with-profit: each year the corporation values its fund and declares bonuses for participating policyholders — State Life states it distributes 97.5% of its surplus to them. Bonuses attach to your policy and are paid with your sum assured at maturity or with a claim. In 2025, State Life allocated a record PKR 181 billion in profit bonus. Read the numbers →
🕌 Shariah-compliant option
Part of the Tayyab window — SECP-licensed Takaful
This plan is offered under State Life's Window Takaful Operations (trademark “Tayyab”), licensed by the SECP and supervised by its Shariah Advisor — contributions pool under Waqf rules and surplus is shared among participants.
Compare
Plans people weigh against it
Table 76
Child Education & Marriage Plan
A payout timed to your child's milestone — age 18, 21 or 25 — that keeps going even if you are not there: premiums are waived on the parent's death and the plan pays in full.
Plan details →State Life
Takaful Savings Plan
Shariah-compliant saving under State Life's SECP-licensed Tayyab window: your contributions build a unit-linked investment fund inside a participants' pool, with family cover and proportionate surplus sharing instead of interest.
Plan details →State Life
Takaful Endowment Plan
The endowment structure on the Shariah-compliant track: a fixed sum covered plus declared bonuses from the participants' Takaful fund, alongside a personal investment account.
Plan details →Takaful Child Education & Marriage Plan questions
Before you choose the Takaful Child Education & Marriage Plan
What does the child actually receive?
The accumulated value of the Participant Investment Fund at maturity — timed by the term you choose (10 to 30 years) to land at the education or marriage milestone.
What happens if I die before the plan matures?
The remaining regular contributions are waived and State Life credits them into the child's fund; the membership continues and the accumulated value is paid at maturity as planned.
How does it differ from the conventional child plan (Table-76)?
The conventional plan pays a sum assured plus declared bonuses and offers an optional Family Income Benefit to the child; the Takaful version builds a unit-linked fund under Waqf rules with surplus sharing, and pays the fund's value. Same goal, different contract and engine.
Is it Shariah-compliant?
Yes — part of State Life's SECP-licensed Tayyab Window Takaful Operations, supervised by the Shariah Advisor.
Who can be covered?
Payers aged 18 to 57 for children aged 1 to 15, with terms of 10 to 30 years and contributions from 15,000 a year (2,500 a month).
What is an investment or savings plan?
It is a life-insurance plan that does two jobs at once: it protects your family, and it builds up a savings amount you receive later — on maturity, at retirement, or at a milestone like a child's education. You pay regular premiums and the plan grows over time.
What does your advice cost me?
Nothing. Our consultation is free and we do not charge you a fee. We are paid a standard commission by the insurer when a plan is issued, which is why we will tell you plainly when a plan is not right for you.
Free
Consultation, always — advice costs you nothing
1 day
Maximum response time, Monday to Saturday
AAA
State Life's financial rating — Pakistan's only AAA-rated insurer
1972
State Life serving Pakistan since — state-owned and guaranteed
Why Sidq
Advisors, not salesmen
Advisors, not salesmen
We are not tied to one product. The plan we recommend is the one that fits you, and we will tell you when you do not need cover at all.
Compared across the market
We line plans up side by side — premium, exclusions, waiting periods — so you can see exactly what you are choosing between.
Plain language, no jargon
We explain what is actually covered and what is not, in words you can repeat to your family. No fine print sprung on you later.
We stay for the claim
Selling a policy is the easy part. We handle the paperwork and follow the claim through until it is settled.
Free consultation
Get your Takaful Child Education & Marriage Plan illustration
Tell us your age, sum assured and how you'd like to pay — we reply within one business day with State Life's own illustration and a plain-language walkthrough.
Prefer to just ask?
Message us about the Takaful Child Education & Marriage Plan on WhatsApp — a real advisor replies, mon–sat · 9am–7pm.
Sidq Advisorsis an independent advisory practice, not State Life's official website. Figures are illustrations per State Life's calculator and declared bonus rates; final terms per State Life's policy documents.