In case of severe illness/major accident, the hospital expenses are the additional burden that falls entirely on either our savings or on our dependents. In such a situation, the financial impact becomes two-folds: On one hand, Hospitalization of the breadwinner stops the cash flow to the household, while on the other hand the burden of the hospital expenses has to be managed. In case of such event Adamjee Life offers a plan to cover the hospital expenses due to hospitalization in case of sickness or accident.
Keeping the above scenario in view, Adamjee Life offers a unique coverage plan intended to cover the hospital expenses due to hospitalization in case of sickness or accident. Under the Hikmat Insurance Plan, you can choose a daily allowance that will be compensated to you in case of your unfortunate hopsitalisation due to either ACCIDENT OR SICKNESS. The benefit doubles in case of your confinement in ‘Intensive Care Unit’. The Plan also enables to get life insurance coverage with premiums tailored to your age as an optional feature thus making the plan an all-encompassing one.
Hikmat Insurance plan is exclusively designed for Bank Alfalah customers and can be conveniently obtained through Bank Alfalah branches. Under the Hikmat Insurance Plan, 3 different plans are available which can be coupled with a life insurance offering of your choice.
Hikmat Insurance Plan also offers an online Medical Consultation feature for the customers. This service can also be availed by the spouse and children of the insured. Under this service, the customer can register and book appointments through the ‘Sehat Kahani’ Corporate Application (Phone based or web based) for self and for his/her spouse using registered credentials. The online portal can be accessed/app can be downloaded from live.sehatkahani.com
*Medical consultations offered in collaboration with Community Innovation Hub (owner of ‘Sehat Kahani’ Brand).
|Plan||Hospital Cash (Accident and sickness)||Hospital Cash (ICU Confinement)||Annual Premium|
The benefit of Hopitalisation due to sickness is effective after 15 days of subscription. This benefit is only for first tie subscription, and not applicable on renewals (no waiting period applies for hospitalization due to accident).
Under the Hikmat Insurance Plan, Adamjee Life will pay the daily cash benefit for each 24-hour period of Hospital confinement up to a maximum of 120 days. The cash benefit will be increased in case of confinement in an Intensive Care Unit (ICU). In case of admission in ICU, the maximum number of Hositalisation days will be reduced to 60.
Per confinement, benefit is limited to a maximum of 30 days of Hospitalisation.
Benefit will be payable upon admission to any registered hospital in Pakistan. It is not restricted to panel Hospitals.
Term Life Offer (Optional)
Hikmat Insurance Plan also offers the option to add life insurance to your Hospitalisation plan thus providing comprehensive coverage under one umbrella. The annual premiums for the life insurance cover are tailored to your specific age thus giving you the benefit of comprehensive coverage under one plan. The coverage plans offered for life insurance are mentioned below:
|Plan||Sum Assured (Rs.)||Age||Annual Premium (Rs.)|
Freedom of Choice
Based on your requirements, you are free to choose any of the life insurance plans with any of the plans for hospital cash.
Hikmat Insurance comes loaded with features that are beneficial for yourself and your family. Some on the highlights of the plan are mentioned below.
Free look Period
Bank Alfalah customers within the age bracket of 18-59 years can subscribe to this product. The product provides coverage up to a maximum of 60 years of age.
Himat Insurance Plan offers a wide array of coverages. In order to protect the interests of our customers and give them the best services, claims arising due to the following conditions will be exempted form consideration.
*For detailed exclusions, please review the terms & conditions.
You can subscribe to Hikmat Insurance Plan through all Bank Alfalah branches. Just visit your nearest branch and complete the Hikmat Insurance Plan form. You will be required to provide your beneficiary details along with a consent for deduction of the chosen premium from your account.
Within 7 working days of subscription, you will receive your coverage documents along with the detailed policy terms and conditions from Adamjee Life Assurance Company Limited. After the receipt of the documents, you will have a 14 days free look period during which you can review your policy documents. In case you decide to cancel your subscription, you will receive a full premium refund from Adamjee life.
Hospital Cash Insurance is a specific insurance product under which a fixed daily compensation is paid to the insured in case of his/her Hospitalisation. The Hospitalisation can be due to either accident or sickness or both as per the policy provisions.
hikmat Insurance Plan offers Hospitalisation benefit in case of accident and sickness along with compensation in case of either natural or accidental death (if opted for).
Hikmat Insurance Plan offers Hospitalisation cover for both accident and sickness under one umbrella. It also provides the option to get life insurance cover as per requirement. A unique feature of the offering is the e-consultation facility offered in collaboration with ‘Sehat Kahani’. The E-Consultation facility can be utilized by the insured as well as his/her family members.
For further queries, you can contact Bank Alfalah at (+92) 111 225 111. For Claims, you can contact Adamjee Life Assurance at (+92) 111 115 433.
Hikmat Insurance Plan offers a free look period of 14 days starting from the time the policy documents are received by the insured.
Hikmat Insurance Plan is being offered by Adamjee life Assurance Company Liited, which is one of the leading life insurance companies in Pakistan.
. In case of a claim, the following documents should be submitted with Adamjee Life Assurance*:
*Adamjee life reserves the right to ask for further documentation, if required to validate the claim.