Bank Alfalah Insurance Car-a-Vaan Motor Plan
Protect your vehicle with flexible and reliable coverage.
Bank Alfalah brings you the Car-a-Vaan Motor Plan in partnership with Alfalah Insurance Company Limited. Designed for Bank Alfalah customers, this plan offers comprehensive protection against loss or damage to your private vehicle. Choose from two coverage options based on your needs and vehicle model.
Key Features & Benefits:
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.
Premium Rates
- Option 1: 2.75% of sum assured (Net)
- Option 2: 1.50% of sum assured (Net)
How to Claim
For claims, call Alfalah Insurance Limited at (042) 111-234-222. Submit required documents to Alfalah Insurance Company Limited, 5-Saint Mary Park, Gulberg III, Lahore.
Free Look Period
Cancel within 14 days of receiving your policy documents to receive a full premium refund (less any medical or examination costs incurred).
Disclaimer
This plan is underwritten by Alfalah Insurance Company Limited. Bank Alfalah Limited and its affiliates do not guarantee or insure this product.