Agriculture Insurance
Agriculture is a vital sector of Pakistan's economy, and farmers face a wide range of risks, including adverse weather conditions, natural calamities, pests, diseases, and other unforeseen events. Our Agriculture Insurance solutions are designed to protect farmers and Financial institutions against potential financial losses resulting from unforeseen events.
Livestock Loan Insurance
Livestock Loan Insurance is designed to protect both the lending institution and the borrower prescribed by State Bank of Pakistan against financial losses arising from the death of insured livestock financed under a loan facility. The insurance helps ensure continuity of the borrower's livelihood while safeguarding the lender's financial exposure. In the event of the death of an insured animal due to covered perils the insurer indemnifies the loss up to the sum insured, thereby reducing the outstanding financial burden on the borrower.
Crop Loan Insurance
Alfalah Insurance Company Limited is offering Crop Loan Insurance Scheme to protect both farmers and financial institutions as prescribed by State Bank of Pakistan against financial losses arising from damage to crops financed through agricultural loans. The coverage helps reduce the financial burden on borrowers while safeguarding the lender's loan portfolio against unforeseen events. The policy indemnifies the insured for losses resulting from insured perils, subject to notification by the Provincial Disaster Management Authority (PDMA).
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