Personal Accident Coverage:
- Personal Accident Takaful cover for all Individual / Joint Accountholders of the bank in respect to Accidental Death up to the limit herein defined only.
|Limits / Sum Covered Per Account Holder|
|Group||Average Balance maintain in account in month preceding the date of incident||Claim Amount Limit|
|A||Rs.10,000 to Rs.499,999/-||Rs.500,000/-|
|B||Rs. 500,000/- & Above||Rs.1,000,000/-|
Cash Withdrawal & Personal Documents Coverage:
- 24 hours coverage for all debit cardholders of the Bank against the risk of snatching/ armed hold up/ forced deprivation of cash and Personal Documents (CNIC, Passport & Driving License) whilst withdrawal or over the counter coverage from any of the Bank Al Falah Limited branch or 1-Link/M-net ATM of any bank up to the limit as under :
- Cash withdrawal from ATM : Rs.25,000/-
- Cash withdrawal from Counter : Rs.35,000/-
- Personal Documents (CNIC, Passport & Driving License) : Rs.3,000/-
- Coverage shall commence from the moment an individual account/card holder withdraws cash from any ATM and shall be valid up to 30 minutes or within the radius/area of 1.5 kilometers from such withdrawal, whichever occurs first.
- Deduction if any will be as per policy.
- The coverage applicable within the territorial limit of Pakistan excluding FATA.