Terms & Conditions

These Terms and Conditions govern the use of insurance services provided by The Asian Mutual Insurance Company (Guarantee) Limited. By purchasing or using any insurance policy issued by the Company, the customer agrees to comply with the following terms and conditions.

Insurance Coverage

The Company provides various insurance products including:

• Comprehensive Motor Insurance
• Third-Party Liability Insurance
• Collision Car Insurance
• Passenger Guarantee Insurance
• General Insurance Services

Coverage is subject to the terms, conditions, exclusions, and limitations mentioned in the issued insurance policy.

Policy Issuance

Insurance policies are issued based on the information provided by the policyholder. The customer is responsible for ensuring that all submitted information and documents are accurate and complete.

Providing false, misleading, or incomplete information may result in rejection of claims, cancellation of the policy, or legal action.

Premium Payments

• Insurance coverage becomes effective only after payment of the applicable premium.
• Premiums must be paid within the due dates specified by the Company.
• Failure to pay premiums on time may result in suspension or cancellation of coverage.

Claims Procedure

In the event of an accident, theft, damage, or loss:

• The policyholder must immediately inform the Company.
• Necessary documents including FIR, photographs, repair estimates, and claim forms may be required.
• The Company reserves the right to investigate claims before approval.
• Claims will be settled according to the policy terms and applicable regulations.

Exclusions

The Company shall not be responsible for losses arising from:

• Intentional or fraudulent acts
• Driving without a valid license
• Use of vehicle for unlawful activities
• War, terrorism, or civil unrest
• Mechanical or electrical breakdown not covered under policy
• Driving under the influence of drugs or alcohol

Third-Party Liability

Third-Party Liability Insurance only covers damages or injuries caused to third parties and does not cover damages to the insured vehicle unless specifically included in the policy.

Passenger Guarantee Insurance

Passenger Guarantee Insurance applies to commercial vehicles operating on approved route permits issued by the relevant transport authorities. Coverage is subject to permit validity and policy conditions.

Policy Cancellation

The Company reserves the right to cancel or terminate any policy due to:

• Non-payment of premium
• Violation of policy terms
• Fraudulent claims or misrepresentation
• Expiry of policy period

Limitation of Liability

The Company’s liability shall be limited to the amount and conditions specified in the insurance policy. The Company shall not be liable for indirect or consequential losses beyond the agreed coverage.

Amendments

The Company reserves the right to modify these Terms and Conditions at any time. Updated terms shall become effective upon publication through official company communication channels.

Governing Law

These Terms and Conditions shall be governed and interpreted according to the laws and regulations of the Islamic Republic of Pakistan.

Contact Information

For further information regarding policies, claims, or services, please contact:

The Asian Mutual Insurance Company (Guarantee) Limited
Pakistan
Customer Services Department