After Independence most of insurance companies were shifted to India or other foreign countries by closing their operation in Pakistan. At that time insurance cover was not available for Cotton & Jute, the major products.
This policy provides compensation to the insured person or firm in the event of damage to the property insured (i.e. buildings, stock, machinery and other contents) caused by fire, lightning as per the terms and conditions of the policy.
Marine Insurance covers damages to the shell and machinery of the vessel, cargo carried on the vessel, and also offers protection against liabilities to shipping and transport related companies.
Pakistan’s agricultural sector contributes 23.3% to Pakistan’s GDP. Being the largest sector yet still widely disregarded in terms of insurance, Cooperative Insurance, being the only cooperative sector society doing insurance business,
Motor Insurance policy is mandatory under the Motor Vehicle Act. The Society ensures that the owner of vehicle is protected from financial losses, caused by damage or theft to the vehicle and third party liability.
This policy provides cover to both erection and construction risks, including comprehensive protection. Comprehensive Project Insurance offers insurance protection for the entire duration of a project as per terms and conditions of the policy.
This policy provides compensation to the insured person or firm in the event of damage to the property insured (i.e. buildings, stock, machinery and other contents) caused by fire and lightning as per the terms and conditions of the policy.