Term Assurance will provide financial help to the family on the unfortunate demise of the Life Assured. Life Assured has to appoint a beneficiary, who will receive the Sum Assured upon death of Life Assured. Nothing is paid on maturity.
On 6th March 2014, at a special ceremony held at Company's Office, Allied Insurance signed a "Contractors all Risks" insurance policy with Hotels and Resorts Construction PVT LTD. The policy will insure Ga. Dhigurah Resort which is currently being developed by Hotels and Resorts Construction PVT LTD together with Buona Vista Singapore.
The new Islamic Window of Allied insurance “Ayady Takaful” was launched by the Minister of Islamic Affairs, Dr. Mohamed Shaheem Ali Saeed at an Official Ceremony held at Traders hotel on Tuesday 25th February 2014.