All Askari Muhaffiz Plan applications are processed and approved by Askari Life, as per Askari Life’s underwriting guidelines.

Bank is acting as a corporate insurance agent on behalf of Askari Life, and is not responsible in any manner, whatsoever, to the customer, his/her beneficiary(ies) or any third party.

Askari Life shall be the sole responsible with respect to policyholder services, claim lodgements and claim processing.

This brochure only provides an introduction to the benefits available under the policy. A detailed description of how the contract works is given in the ‘Terms and Conditions’, which will be provided along with the policy documents.

Upon occurrence of any of the above mentioned chronic diseases i.e., Heart Disease, Organ Transplant, Cancer, Neurological disease that requires surgery, while the policy is active and premiums are timely paid, 20% of the natural death coverage is payable. If the death occurs after the surgical benefit is paid, 80% of the remaining basic sum covered is payable. In case of accident, the remaining 80% would be doubled.

Pre-existing diseases are not covered

Any benefits payable will be payable only once

COVID-19 benefit will be provided in case of demise within first 3 months of policy purchase

Chronic disease benefit does not cover OPD medical treatment and is only applicable in case of admission at the hospital