State Life · Wealth management
State Life Takaful Endowment Plan 2026
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.
- Entry age
- 18–65 years
- Policy term
- 10–57 years
- You pay
- Throughout the term
- Covered for
- The full term you choose
- Online calculator
- No — personal illustration
- Bonus basis
- Takaful surplus sharing (Waqf pool)
- Official page
- statelife.com.pk ↗
How it works
The Takaful Endowment Plan, explained plainly
State Life's Takaful Endowment mirrors the classic endowment idea inside the Tayyab window: you choose a sum covered and a term, and at maturity the plan pays the sum covered plus the bonuses declared on the participants' Takaful Endowment Fund — plus the carrying value of your own investment account.
On death during the membership the family receives the same sum covered plus declared bonuses, plus the investment account's value.
Any year-end surplus in the pool is distributed among participants proportionately, after claims — the Takaful replacement for conventional profit.
What the policy pays
Benefits, as State Life defines them
- On maturity: sum covered plus declared bonuses from the Takaful fund, plus your investment account's value.
- On death: sum covered plus declared bonuses, plus the investment account's value, to the family.
- Year-end pool surplus distributed among participants proportionately.
- Contributions payable monthly, quarterly, half-yearly or yearly.
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
- • Savers who like the endowment's fixed finish line but want a Shariah-compliant contract.
- • Families who want the death benefit anchored to a known sum covered, not only a fund value.
✗ Who should not buy it
- • Anyone expecting the conventional plan's declared bonus scale — Takaful bonuses and surplus depend on the Takaful fund's own results.
- • Short-horizon money; the structure rewards completing the term.
We would rather lose a sale than fit you to the wrong plan.
Your exact number
Takaful Endowment 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
State Life
Takaful Golden Endowment Plan
The Golden Endowment's pay-for-7, covered-for-20 structure on the Shariah-compliant Tayyab track — contributions stop early, membership and benefits run on.
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 →Table 03
Endowment Plan
State Life's classic savings-plus-protection plan: pay for a fixed term, get the sum assured plus every bonus declared along the way — and your family gets the same if you don't make it to maturity.
Plan details →Takaful Endowment Plan questions
Before you choose the Takaful Endowment Plan
How does this differ from the conventional Endowment (Table-03)?
The benefit shape is similar — sum covered plus bonuses at maturity or death — but the contract is Takaful: contributions pool under Waqf rules, bonuses come from the participants' Takaful fund, an investment account runs alongside, and surplus is shared. The conventional plan's published bonus rates do not apply here.
Is it Shariah-compliant?
Yes — it is part of State Life's SECP-licensed Window Takaful Operations under the Tayyab brand, supervised by the Shariah Advisor. We can share the Waqf rules and Shariah documentation on request.
What is guaranteed?
The sum covered is the anchor for both maturity and death benefits. Bonuses and surplus distributions depend on the Takaful fund's results, so we never quote them as fixed figures.
Who can join and for how long?
Entry ages 18 to 65, with terms from 10 up to 57 years, and contributions from 15,000 a year (1,400 a month).
Which riders can I add?
Family Income Benefit plus one accidental rider — Accidental Death Benefit or Accidental Death & Disability — each priced separately.
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 Endowment 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 Endowment 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.