Comprehensive protection for your car, peace of mind for you.
Your car is more than just a vehicle — it’s your everyday companion. To keep it safe from unforeseen incidents, Bank Alfalah Limited, in collaboration with Alfalah Insurance Company Limited – Window Takaful Operations, proudly presents the Car-a-Vaan Motor Takaful Plan. This Shariah-compliant plan provides you with comprehensive motor protection and peace of mind at affordable rates.
Key Features & Benefits
Coverage Options
Option 1: Comprehensive Protection
For vehicles newer than 5 years
Coverage up to PKR 5 Million
Protection against:
Accidental damage
Fire, explosion, lightning, frost
Theft, burglary, or malicious damage
Riots and strikes
Natural disasters (floods, hailstorms, hurricanes, earthquakes, etc.)
Damage during transit (air, road, rail, waterways)
Terrorism
Third-party liability for:
Death or bodily injury (as per Motor Vehicle Act 1939)
Damage to third-party property
Option 2: Theft, Total Loss & Third-Party Liability
For vehicles older than 5 years
Coverage up to PKR 1.5 Million
Protection against:
Theft
Total loss
Third-party liability (death, injury, or property damage as per Motor Vehicle Act 1939)
Plan Highlights:
Eligibility: Available for all Bank Alfalah customers.
Plan Term: 1-year renewable car insurance plan.
Contribution Rates :
Option 1: 2.75% of sum covered (Net)
Option 2: 1.50% of sum covered (Net)
Sum Covered: Market Value (I.E.V) of the Vehicle
Free Look Period
If you cancel within 14 working days of receiving your Participant’s Membership Document (PMD), you are entitled to a full refund of your contribution.
Claims Process
In the unfortunate event of a claim, please contact Alfalah Insurance – Window Takaful Operations immediately and provide the following:
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Completed Claim Form
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Copy of CNIC & Takaful Membership Certificate
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Original Police FIR (in case of theft or accident)
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Vehicle registration documents
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Repair estimate or workshop invoice
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Any other document requested by the Takaful Operator
Contact:
📞 Alfalah Insurance Co. Ltd. – Window Takaful Operations
Head Office: 4th Floor, Building No. 2, 90 Shahrah-e-Quaideen, Karachi
UAN: (021) 111-234-234
Email: info@alfalahinsurance.com
Disclaimer
This product is underwritten by 5th Pillar Family Takaful Limited. It is not guaranteed or covered by Bank Alfalah Limited or its affiliates. Bank Alfalah acts as a distributor only.