(Wallet Insurance plan)
Celebrate good times, while being prepared for life’s uncertainties.
With Alfalah Insurance Nighaban Plan, you can enjoy complete protection against Accidental Death, Permanent Disability, Accidental Medical Expenses, ATM Theft, Fraudulent Transactions, Mobile Snatching, Home Burglary and Loss of Identity Documents. It’s a better way to be planned for the unforeseen.
Bank Alfalah Limited in partnership with Alfalah Insurance Company Limited offers Alfalah Insurance Nighaban Plan.
Features and Benefits
| Cover | Bronze | Silver | Gold | Platinum |
|---|---|---|---|---|
| Accidental Death + Permanent Disability | 500,000 | 1,000,000 | 1,500,000 | 1,750,000 |
| ATM Cash withdrawal | 100,000 | 200,000 | 200,000 | 200,000 |
| Fraudulent Transaction | 50,000 | 75,000 | 100,000 | 100,000 |
| Accidental Medical Expenses | 10,000 | 15,000 | 20,000 | 20,000 |
| Loss of Identity Documents (e.g: CNIC, Passport, Driving License etc.) |
10,000 | 20,000 | 20,000 | 20,000 |
| Wallet Replacement | 3,000 | 6,000 | 6,000 | 7,500 |
| Burglary at Card Holder’s Home | 35,000 | 70,000 | 70,000 | 75,000 |
| Mobile Snatching | – | – | 30,000 | 45,000 |
| Card Re-Issuance Cost | 3,000 | 6,000 | 6,000 | 6,000 |
Payment Frequency
Below are the premiums as per product variant.
| Product Variant | Premium |
|---|---|
| Bronze | 5,000 |
| Gold | 10,000 |
| Silver | 15,000 |
| Gold | 20,000 |
You can choose any one of the plan types that best suits your requirement.
Note: For a better understanding in making your selection according to your insurance needs, you may contact representatives at your nearest Bank Alfalah Limited branch.
Eligibility
The plan is available to all Bank Alfalah Limited customers between 18-60 years of age.
Term of Plan
Alfalah Insurance Nighaban plan is yearly renewable wallet plan. The policy term of this plan is 1 year.
Claim Processing:
Processing a Claim has never been so simple:
Step 1: Call and inform Alfalah Insurance (042) 111 786 234 within 24 hours of the insured event.
Step 2: Inform Police about the incident and get a FIR.
Step 3: Provide the required documents to Alfalah Insurance Company Limited at 5-Saint Mary Park, Gulberg III, Lahore.
FREE LOOK PERIOD
If you cancel your policy within a free look period of 14 days from the date of receipt of the Policy documents, you are entitled for a full refund of premium less any expenses incurred by Alfalah Insurance Company Limited in connection with your medical or clinical examinations.
Disclaimer:
The product is underwritten by Alfalah Insurance Company Limited. It is not guaranteed or insured by Bank Alfalah Limited or its affiliates.
