ICAP signs agreement for Health and Life Insurance of Members

ICAP join hands with TPL Life Insurance and Askari Life Assurance Company Ltd. for Group Health & Life Insurance of ICAP Members.


Karachi – September 1, 2020: ICAP President Mr. Khalilullah Shaikh & CEO TPL Life Insurance Mr. Faisal Shahzad Abbasi signed an agreement for group health insurance of ICAP Members. Under the health insurance coverage, TPL Life Insurance will provide members and their dependents various health plans that will cover facilities like hospitalization, major medical care and special investigation on OPD basis, maternity, day care surgeries and annual accidental cover.

Another agreement was also signed by Mr. Khalilullah Shaikh & Mr. Jahanzaib Zafar, CEO Askari Life Assurance Company Ltd. for life insurance of ICAP members. Under the life insurance coverage, Askari life Assurance Company Ltd. will provide members and their spouse coverage under Conventional as well as Takaful mode, with varying rates as per member’s choice.

Present at the signing ceremony were members of the Benevolent Fund Committee, Mr. Rashid Masood Alam, Mr. Adeel Ahmad Khan and Mr. Rehan Mobin, along with ICAP Secretary and representatives of the Benevolent Fund team.