Allied Bank launched Terrorism Protection Insurance

KARACHI,  Allied Bank launched Terrorism Protection Insurance in collaboration with New Hampshire Insurance Company Pakistan and an agreement to this effect was signed .According to the insurance company no medical check up is required and no age limit for the insurance, while the premium is fixed. The product has been launched in the wake of terrorism prevailing for a long time in Pakistan.The insurer will get Rs1.5 million if he pays Rs200 per month and may get up to Rs7.5 million if Rs800 premium is paid per month.