Bank Alfalah has introduced Accidental Death and Permanent Total Disability Insurance Coverage of up to PKR 3 million for PKR Current Plus Accountholders through a partnership with Alfalah Insurance.
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The bank said customers will receive the insurance coverage at no additional cost, adding another benefit to the PKR Current Plus Account while strengthening financial security for account holders and their families.
Insurance Included at No Extra Cost
According to Bank Alfalah, the insurance is designed to provide financial support in the event of accidental death or permanent total disability.
The bank said the initiative complements the account’s existing benefits and gives customers greater peace of mind while managing their everyday banking needs.
Bank Alfalah Highlights Customer Value
Mehreen Ahmed, Group Head – Retail Banking at Bank Alfalah, said the bank continues to enhance its value proposition by introducing solutions that meet customers’ changing financial needs.
She said the partnership with Alfalah Insurance reflects the bank’s commitment to offering a comprehensive banking experience that combines convenience, innovation and financial security.
Alfalah Insurance Welcomes Partnership
Khurram Hussain, Chief Executive Officer of Alfalah Insurance, said the collaboration will help provide customers with meaningful financial protection during unexpected situations.
He added that the partnership demonstrates the shared commitment of both organisations to delivering accessible, customer-focused financial solutions that help safeguard families against life’s uncertainties.
Focus on Financial Wellbeing
Bank Alfalah said the partnership combines its banking expertise with Alfalah Insurance’s protection services to offer greater value to customers throughout their financial journey.
The bank added that it will continue developing innovative products and services that strengthen customers’ financial resilience and support their long-term financial wellbeing.
