Alfalah Insurance Company Limited, is perhaps the most recent endeavor of Abu Dhabi Group in Pakistan. Alfalah Insurance began tasks towards the finish of 2006 and from that point forward we have as of now settled workplaces in significant urban areas of Pakistan including:
Settled up Capital of Alfalah Insurance Company Limited was Rs 230 million which was right multiple times the base settled up capital prerequisite of Rs 80 million expected to set up an overall insurance agency in Pakistan.
During the beyond thirteen years, the organization has posted beneficial outcomes and subsequently has had the option to expand the settled up cash-flow to Rs. 500 Million through issuance of extra offers in various stages.
Upheld with the cutting edge IT Platform, the organization offer top of the line security and administration to the protecting public tantamount to global principles.
We are satisfied to exhort that we have gotten the help from the absolute most eminent reinsurers and are in a situation to offer tailor made protection inclusion for the most perplexing modern, business or monetary dangers.
Our rating has been modified to AA by PACRA on 18TH June 2021. We are individual from Insurance Association of Pakistan (IAP) and Lahore Chamber of Commerce and Industry (LCCI). We have been granted First FPCCI Achievement Award by The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) for extraordinary execution in year 2012
Abu Dhabi Group
Vision and Mission
Set of principles
Vision and Mission :
To be a main guarantor by giving most far reaching yet adaptable practical danger the executives answers for our customers supported with amicable and productive cases administration and upgrade the Alfalah brand an incentive to serve all partners.
Statement of purpose
We attempt to offer top notch support with unrivaled security to our customers and help in expanding mindfulness about protection in the nation just as improving public trust in the protection business in Pakistan. We will present new current protection items similar with worldwide principles and will arise as a creative back up plan giving total danger the board answers for the guaranteeing public in Pakistan
Private Car, Commercial Vehicle and Motor Cycle Comprehensive Policy
This protection repays the safeguarded against loss of or harm to the Motor Car/Cycle and/or its extras while consequently by
a) Accidental outside implies
b) Fire outside blast self-start or ice
c) Burglary, house breaking or robbery
d) Malicious demonstration
e) Riot, strike
f) Flood, hail, wind, storm, twister, cyclone or hurricane
g) Earthquake, volcanic ejection or other spasm of nature and
h) Whilst on the way via air, street rail inland stream, lift or lift
The extensive strategy additionally covers the danger of liabilities of Death, substantial injury or Damage to property of outsiders for private vehicles and Motor Cycles while the Liabilty to third party(s) in the event of Commercial Vehicle is limited to liabilities emerging out of a real injury or demise of an outsider as needed by segment 95 of street Traffic Act 1939.
All approaches are dependent upon specific conditions, terms and prohibitions and in this manner, kindly get in touch with us for point by point comprehension of the particular protection.
Marine Hull Insurance: The company also insures various forms of watercraft, including ocean-going vessels, harbour and inland water boats, yachts, tugs, and ships coming to Pakistan for scrap.
These are covered by typical Hull clauses in institutes.
Because all policies are subject to various restrictions, terms, and exclusions, please contact us for a thorough explanation of the specific policy.