Pak-Qatar Family Takaful, Pakistan’s first and largest Takaful Company proudly announces the launch of its Family Sehat Plan. It is considered among the first Individual health Takaful plan available across Pakistan in over 60 cities.
This launch is aligned with Pak-Qatar Takaful group vision of providing financial protection through Takaful to everyone. Family Sehat plan provides coverage for pre-existing conditions for any injury, illness, condition or symptom, medication, advice or diagnosis and includes medical outlay, laboratory test costs, hospitalization costs, including critical illness. The services also include Cashless Hospitalization in over 200 Hospitals across Pakistan, worldwide health coverage.
Pak-Qatar Family Takaful Limited (PQFTL), the first and largest dedicated Family Takaful Company in Islamic Finance industry. PQFTL is a progressive and a technology-driven Shari’ah Compliant company providing innovative Takaful solutions in Pakistan since 2007. PQFTL is the fastest growing Family Takaful operator in the country.
Incorporated in 2006, and beginning operations in 2007, the company is registered with, and supervised by, the Securities and Exchange Commission of Pakistan (SECP). The company is rated “A+” (having Stable Outlook) by JCR-VIS Credit Rating Co. Limited and Pakistan Credit Rating Agency (PACRA). The Company’s paid-up capital is in excess of Pak- Rs. 1.3 billion, which is highest in the industry.
PQFTL has a vision of providing financial protection through Takaful to everyone. The company’s shareholders include some of the strongest financial institutions in the state of Qatar such as Qatar Islamic Insurance Company (QIIC) and Qatar International Islamic Bank (QIIB).
The company is further strengthened by its Re-Takaful arrangements with Munich-Re and Hannover Re. Pak-Qatar Family Takaful Limited has strategic BancaTakaful alliance with FWU AG, a leading life insurance company based in Munich (Germany), for distribution of Takaful policies through banking channels.
Source Zawya