ATM Cash Withdrawal Insurance

About ATM Cash Withdrawal Service

Street crimes these days are very common and one of the major creator of fear among public to use cash and carry their valuables freely. A common person thinks few times before withdrawing cash from the ATM because of the fear of getting robbed. Availability of ATMs at every nook and corner is giving ease of life to general public but at the same time the threat of becoming victim discourages a common person to use ATMs at public places.

No more worries and fear as EFU General is offering this policy which covers everyone’s cash withdrawn from the ATM that gets snatched due to armed hold-up.

Enjoying Banking and Insurance together

Covers the Bank's ATM/Debit Cardholders against loss of cash withdrawn due to snatching or forced deprivation through armed holdup provided such cash is withdrawn from any of the ATMs throughout Pakistan

Covers Bank's ATM/Debit Cardholders against loss of cash withdrawn due to snatching or forced deprivation through armed holdup withdrawn from the counter of any of the branches of Banks situated within Pakistan

In order to avail the benefits of ATM Cash Withdrawal Insurance the enterprises are required to furnish the following information/documents:
Proposal Form

Duly filled, signed, stamped, titled and dated proposal form. The proposal form can be obtained by contacting any of our offices

Limit of Indemnity/Insurance required including the daily cash withdrawal limit as per the category of the card
Number of cardholders
Loss history for the 5 to 10 years atleast
Debit/ATM Cardholders KYC details

Note:

The above is the basic list of requirements and we may ask further information if required.

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