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Coverage LimitsCoverage Limits

Coverage Limits

Worldwide Personal Accident (Accidental Death & Permanent Disability) Takaful Coverage:

  • Personal Accident Takaful cover for all Individual / Joint Accountholders of the bank in respect to Accidental Death & Permanent Disability Takaful up to the limit herein defined only.
  • In case of more than one account, the tier of claim will be applicable based on the highest maintained account balance in the preceding month.
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.249,999/- Rs.500,000/-
B Rs.250,000 to Rs.999,999/- Rs.1,000,000/-
C Rs.1,000,000 to Rs.2,999,999/- Rs.1,500,000/-
B Rs. 3,000,000/- and Above Rs.2,000,000/-

 

Household Comprehensive Takaful Coverage:

  • Household cover provides coverage against Fire & Lightning, Riot & Strike, Malicious Damage, Explosion, Impact Damage, Atmospheric Disturbance, Aircraft Damage, Burglary, Earthquake and Accidental Damage due to underground tank etc.
  • In case of more than one account, the tier of claim will be applicable based on the highest maintained account balance in the preceding month.
  • For Roshan Digital Accountholders, the household coverage is applicable only when the accountholder maintains/owns a house in Pakistan.
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.999,999/- Rs.50,000/-
B Rs.1,000,000 and above Rs.100,000/-

 

Cash Withdrawal & Personal Documents Takaful 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 (cash withdrawal from ATM/CoC/Wallet) is only applicable within the territorial limits of Pakistan excluding FATA and PATA.