Pre-requisites for getting a car insurance in pakistan

Auto Insurance in Pakistan requires a number of formalities and documents. The actual procedure is set by each auto insurance company in Pakistan but they all follow a somewhat same set of rules and regulations.

In case, you are looking for car insurance and wondering what are the pre-requisites, we have the basic information for you. The person seeking auto insurance must be;

Age:

The age limit of an auto insuree is above 21 and less than 60 (in most of the cases). Auto insurance companies don’t have policies for senior citizens mostly.

Vehicle:

The vehicle for which you are seeking auto insurance must be in your name (insuree). There is an exception to this rule in a case where the vehicle has been bought on loan from a bank or leasing company.

Driver’s license:

Of course, a proper and genuine license is essential. The insuree must have a legitimate driver’s license issued by Pakistani authorities.

The above-mentioned obligations are related to the insuree. Following is a list of documents that your company may require to get car insurance;

  -  Copy of valid driver’s license

  -  Copy of vehicle registration documents

  -  Copy of National Identity Card

  -  For a salaried person, your last salary slip can be required

  -  For self-employed, a copy of your NTN can be required.

As highlighted previously, there are no hard and fast rules. Each insurance company decides its own pre-requisites for auto insurance in Pakistan. However, they will be similar to the basics mentioned here. Mawazna will provide a list of these pre-requisites against each car insurance plan for your review when you use car insurance product.