Pakwheels

Alfalah Insurance

Alfalah
Alfalah Insurance Company Limited is one of the latest ventures of Abu Dhabi Group in Pakistan. Alfalah Insurance started operations towards the end of 2006 and since then we have already established offices in major cities of Pakistan including Lahore, Karachi, Islamabad, Faisalabad, Peshawar, Gujranwala, Sialkot, Multan & Hyderabad. More branches opening soon. The Paid-up Capital of Alfalah Insurance Company Limited was Rs 230 million which was almost three times the minimum paid-up capital requirement of Rs 80 million needed to establish a general insurance company in Pakistan. During the past thirteen years, the company has posted profitable results and thus has been able to increase the paid-up capital to Rs. 500 million through the issuance of bonus shares in different phases. Backed with the state of the art IT platform, the company offers first-class security and service to the insuring public comparable to international standards. The company has secured support from some of the most renowned reinsurers and is in a position to offer tailor-made insurance coverage for the most complex industrial, commercial or financial risks including Motor Insurance. The rating of Alfalah Insurance has been revised to AA by PACRA on 18TH June 2021. Alfalah Insurance Is one of the members of the Insurance Association of Pakistan (IAP) & Lahore Chamber of Commerce and Industry (LCCI). We have been awarded the First FPCCI Achievement Award by The Federation of Pakistan Chamber of Commerce & Industry (FPCCI) for outstanding performance in the year 2012

Comprehensive insurance plan

Comprehensive (Annual):

Comprehensive (Annual) plan provides comprehensive coverage for your vehicle to make you feel secure and protected.

Risks Covered:

Section 1: Loss or Damage

The Insured shall be indemnified against loss of or damage to the Motor car and / or its accessories whilst thereon by:

  • Accidental external means
  • Fire & External explosion
  • Theft search
  • Natural Calamities
  • Riots & strikes
  • Terrorism
  • Total Loss

Section 2: Liability to third party

  • Death or bodily injury to a third party (except for the person employed by the insured)
  • Damage to property of a third party (except for the property held in trust or custody by the insured of a third party)

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