Top 10 Insurance Companies in Pakistan 2022

 Top 10 Insurance Companies in Pakistan

The insurance industry in Pakistan has been growing steadily over the past few years, with the number of insurance policies now increasing every year. Currently, there are over 15 major insurance companies in Pakistan that provide a wide range of services that cover life, car, home, health, and travel insurance. In this article, we’ve decided to list the top 10 insurance companies in Pakistan based on their revenue and net profit figures. We hope you enjoy reading this list and encourage you to share it with your friends on social media! Let’s start!


#1 Best Insurance Company


If you’re looking for high quality and low price, then Aviva is your insurance company. This UK-based firm offers wide-ranging coverage at a great price and has been voted one of Bangladesh’s best companies to work for. #2 Consumer Champions: You don’t have to be a consumer champion to get full coverage from Consumer Champions—anyone can purchase a policy from these award-winning UK insurance providers.


#2 Best Home Insurance Companies

United Insurance Company Limited United was founded in 1982 and has grown to become one of Pakistan’s largest general insurance companies. It offers a range of products, including health, fire, and auto coverage, to local households and businesses.


#3 Best Car Insurance

Like other insurance companies, ServisFirst Bank provides both car and non-car insurance to its customers. You can choose from two different kinds of car coverage: comprehensive or collision. Both include basic features such as liability protection and limited protection on your vehicle. However, comprehensive offers additional features such as personal accident coverage while collision only offers limited liability coverage. Moreover, you also have options to include a third-party cover and a rental replacement cover with a comprehensive cover.


#4 Best Health Insurance Policies

CPLC is #4 on our list of best health insurance policies because they offer affordable coverage at a competitive price. They may not cover your needs 100%, but they will provide an excellent base plan to work from. And if you’re just starting out, it may be all you need!


#5 Most Affordable Life Insurance

If you’re looking for a term insurance plan with a low premium, then Al-Meezan might be your best bet. This Pakistani insurer has a number of plans to choose from and doesn’t impose any load on policyholders. What it does is that it deducts up to 5% of your payout to cover its operational costs.


#6 Most Responsive Customer Service

Allied Insurance is number 6 for customer service. It offers 24-hour coverage and its services are available in almost all regions of Pakistan. The company’s customer representatives have been trained to provide prompt, responsible, and clear information regarding any query regarding your policy or insurance claim. When you need to make a claim, Allied Insurance will immediately send out their expert inspectors to assess damage or losses by an accident or theft.


#7 Cheapest Auto Insurance Pakistan

If you own a car, then it is your responsibility to purchase auto insurance. Auto insurance protects you against third-party risks as well as any liability claims that may arise from an accident involving your vehicle. Buying auto insurance can be quite expensive. But with UCO Bank’s MyCar insurance plan, you can get a policy for just Rs 6,500 per year.


#8 Most Innovative Company

Allied Property and Casualty Insurance Company, a member of Allied Bank Group and one of Pakistan’s leading insurance companies, is featured on the Most Innovative Companies list for developing Arthomatix®, an award-winning artificial intelligence (AI) platform to assess property risk based on satellite data. The Arthomatix® solution uses data generated by satellites and other sources to predict natural hazards like floods, earthquakes, landslides, or forest fires.


#9 Simplest Claim Process

OML offers a very streamlined and simple claims process. In case of any claim, you just need to submit a simple form along with evidence and once it is accepted, your money will be sent within 3 days. Moreover, if you are not satisfied with their services, you can always opt for dispute resolution through ADR. This is one of its best features as insurance companies are not required to settle disputes via ADR under law.


#10 Best Car Rental Service In Pakistan

Good Choice Car Rental Services is one of the best car rental services in Pakistan, dealing with vehicle hire and leasing. We are providing services all over Pakistan, Karachi Lahore Islamabad Rawalpindi Multan Faisalabad Quetta Gujranwala Sialkot Gujrat Nowshera Sahiwal Wah Cantt Chakwal, and many more locations. For more details call us at +92-321-3493584 or visit our website for your inquiries about our services.