LIFE INSURANCE PRODUCT DETAILS & T&CS

SERVICES

A person’s demise stands as an inevitable reality, capable of transpiring unexpectedly from various causes. A Life Insurance Plan provides a substantial payout in the event of the policyholder's demise, regardless of the cause, serving as a safeguard against financial upheaval for their family. Comprises of Daily/Weekly/Monthly variants for life insurance with doctor and legal advisory.

Bundle Services Includes:
  • Doctor Service: PMDC certified doctors available for unlimited audio consultations.
  • Lawyer Service: Lawyers available for unlimited audio consultations

Packages

Product

Daily Price Including Tax (PKR)

Product Type

     Variant 1          Variant 2        Variant 3       Variant 4         Variant 5

Life Insurance

3.50/-

7.00/-

10.50/-

15.00/-

20.00/-

Daily Premium (PKR)

Death Benefit (PKR)

Accidental Death (PKR)

3.50/-

100,000.00/-

200,000.00/-

7.00/-

200,000.00/-

400,000.00/-

10.50/-

300,000.00/-

600,000.00/-

15.00/-

450,000.00/-

900,000.00/-

20.00/-

600,000.00/-

1,200,000.00/-

Product

Daily

Weekly

Monthly

Life Insurance Bundle

Rs. 9.60/-

Rs. 47.80/-

Rs. 179.30/-

ELIGIBILITY & ENROLMENT

Eligibility to be verified by contacting us either via a phone call on 9362 or through WhatsApp message (03119271928).

Applicants are eligible to apply for an Accident Life Protection Plan under the policy if applicants meet ALL the criteria set out below:

  • All eligible applicants shall be natural persons (human beings).
  • Corporations, partnerships, and businesses shall not be eligible for coverage under the Accident Life Policy.
  • Corporations, partnerships, and businesses shall not be eligible for coverage under the Accident Life Policy.

CLAIMS

  • Claims lodged through phone call or WhatsApp message (03119271928).
  • Claims lodged through phone call or WhatsApp message (03119271928).
  • Claim will be settled on Pro Rata basis.
  • Death certificate is required.

NOTICE OF CLAIMS

The company shall be notified of the occurrence of death of the insured as soon as possible, but not later than100 (one hundred) days from the date of death after which it shall be treated as time-barred, and the company shall not be bound to pay the claim.

DOCUMENTS REQUIRED FOR CLAIM.

A notice of death, which could be a legal death certificate, a certificate of attending physician, containing his registration number, and mentioning actual cause of death, and proof of the personal identity of the insured, which could be the official personal identity data.

If there is a dispute, suspected fraudulent activity on the claim or a unique situation which requires further clarification, the payment period can be extended but shall not exceed ten (10) working days, or the time it takes the legal system to resolve the dispute.

INTENTIONAL FALSE STATEMENT OF THE INSURED

In the event of any concealment or misrepresentation the Accident Life Policy shall become null and void with respect to the relevant insured.

EXCLUSIONS

Payment of claims is subject to exclusions, as outlined below. The Personal Accident Life Insurance cover shall NOT cover any death which is caused by, or resulting, directly or indirectly, wholly, or partly, from any of the following factors:

  • Suicide or any attempt threat (sane or insane).
  • Kidnapping for ransom.
  • Death sustained whilst the insured is under the influence (temporarily or otherwise) of intoxicants, alcohol, or drugs.
  • War, strikes, riots, civil commotion and any natural or manmade perils (including chemical, nuclear, biological, and radiological) that results in the declaration of a state of emergency on a local or national level.

MISTAKE IN AGE

The company shall only pay insurance benefits based on the disclosed age of the insured. With the onus on the customer for incorrect disclosure the company shall not be liable to pay any benefit under this policy in that case.

CLAIM DISBURSEMENT

Claim amount will be transferred in the customer`s bank or Wallet Account.

DEACTIVATION

Dial 9362 for deactivation.

Services Timings:

9 AM to 9 PM