Individual and Family Health Insurance

Allied Select & Select Excel Individual and Family Health Plan gives you the ultimate choice between local and overseas medical care, yet limiting to some parts of Asia for now. We understand you and your family needs and we stay beside you, aspiring to deliver sound efficient heath treatment to meet your expectations. Allied Insurance Company of Maldives has partnered with some of Asia's top medical institutions, embodying an outstanding concentration of special health care for you and your family. Our mission is to cover you wherever you fly.

• Select
• Select Excel
  

Why Do You Need Health Insurance?

Today, health care costs are high, and getting higher. Who will pay your bills if you have a serious accident or a major illness? You buy health insurance for the same reason you buy other kinds of insurance, to protect yourself financially. With health insurance, you protect yourself and your family in case you need medical care that could be very expensive. You cannot predict what your medical bills will be. In a good year, your costs may be low. But if you become ill, your bills could be very high. If you have insurance, many of your costs are covered by insurance company. You will have complete peace of mind.

The Basics on Health Insurance

Many people exercise and eat right to maintain their health, but do not think about their health insurance coverage until they need to use it. Like preventive care itself, it is important to take action before a serious health problem arises. Make sure you understand your options and choose a health plan that is right for you.

What is to cover?

• Any sickness, diseases, illness or accidental injury
• Treatment from an Authorized Medical Centre
• Territorial Limit: Maldives, India, Sri Lanka and Thailand.

Our Health Insurance offers three types of Health Insurance cover.

• Individual and Family Insurance
• Corporate Health Insurance
• Expatriate Insurance

What are the documents needed to claim?

• The entire Paid Service Memo
• All the Original prescriptions with the paid bills
• All the Original/photocopy of the Tests with the paid memos
• Original Used Ticket with the paid bill
• All the other invoices directly related to the Medical Treatments

Corporate Health Insurance

Give your employees the health and financial protection they deserve at a cost that makes sense to you and them Allied health insurance portfolio provides more than just protection, it provides peace of mind. Give your employees that peace of mind by choosing a Health insurance Plan, with the commitment and financial resources to be there when you need them.

• Individual Enrollment Form
• Corporate Health Insurance Proposal form

Individual and Family Insurance

Protect yourself and your family health care cost when you are in great need. Minimize your Health bills by choosing the correct Health insurance plan. Our individual health insurance plan provides protection and peace of mind for you and your family.

• Proposal form
• Pre-Insurance Health Checkup

Expatriate insurance

Expatriate insurance policies are designed to cover financial and other losses incurred by expatriates while living and working in a country other than one's own. We offer a full range of health insurance plans and whether you are looking for individual, family, group or company cover, we have the medical insurance plan to suit your requirements. At Allied we makes sure you to obtain the best possible treatment whenever and wherever you need it in Maldives. We understand that, living abroad, expatriates require comprehensive medical insurance. Our medical insurance plans ensure you are not faced with large medical bills, and provide a valuable range of additional health and life insurance cover with affordable premiums. At Allied we continue to offer a comprehensive range of health insurance products, delivering comprehensive health and Life benefit solutions to groups and individuals in Maldives.

• Individual Proposal form

Health Cover

• Inpatient only (basic cover)
• Outpatient (optional) - Government Medical Centers
• Outpatient (optional) - Private Medical Centers

Additional benefit cover (optional)

• Life Insurance
• Total Permanent Disability (TPD)

Downloads

• Select & Excel Health Proposal Form
• Corporate Health Insurance » Enrollment Form
• Corporate Health Insurance » Claim Form
• Corporate Health Insurance » Overseas Cashless Treatment Referral Form
• Corporate Insurance » Corporate Health Insurance Proposal form
• Expatriate Health Insurance Pollicy » Individual
• Expatriate Health Insurance Pollicy » Group
• Expatriate Insurance » Proposal Form
• Expatriate Insurance » Cancellation Request Form

Here are the general guidelines to adopt in the event of a possible claim happening

• Immediately notify Allied by telephone of the accident / loss and submit a written statement of claim together with full particulars and supporting documentation to Allied as soon as possible
• In the event of theft, fire, motor vehicle accident or fatal accident, lodge a police report immediately.
• Where applicable, notify the Fire Service immediately.
• When injury is concerned, seek medical treatment from a qualified medical practitioner immediately.
• Take all reasonable steps to minimize the extent of the loss or damage.
• Give immediate notice of claim to the party responsible for the loss / damage.
• Inform the Police wherever it is necessary, or required by Law
• For claims received from third parties, do not admit liability or negotiate settlement or repudiate liability without the written consent of Allied. Immediately forward all notices of claim and documents to your Insurers.
• Submit the claim notification form available at the bottom of the page, fully declaring all available details of the claim

Downloads

• Accident Insurance
• Cargo Insurance Claim
• Hull Insurance Claim
• Motor Insurance Claim
• Personal Accident Insurance Claim
• Health Insurance Claim
• Property Insurance Claim

Life insurance is an important part of your personal safety net, especially if you are the bread winner for your loved ones. We the leading insurance company in Maldives can work with you to find easy and affordable life insurance. So you know your loved ones will be taken care of and see for yourself how life insurance can help you plan for the 'if' in life. For the first time in Maldives, Allied introduces life insurance to cater and serve customers in Maldives with innovative and need-specific product and services for the growing demand. We are extremely proud to inform that we have launched our life insurance operations from 1st March 2008 and introduced new policies as follow:

• Endowment policy - which is the most popular form of policy. It pays the sum assured amount with vested bonus on date of maturity. Premiums have to be paid during policy term. In event of untimely demise of life assured the sum assured is payable with bonus to beneficiary as mentioned in policy. Endowment policy thus provides for family security and old age provision.
• Mortgage Protection Policy - be offered as collateral security for a mortgage loan availed from bank. Sum assured decreases every year and nothing is payable on maturity. Policy is assigned to bank. In case of untimely death sum assured on death is paid to bank to offset loan. Family is thus protected from calamity.
• Child Education Expenses Policy - will help every parent to plan for the higher secondary and tertiary education of his/her child. The sum assured with bonus is payable at maturity in a lump sum or in four installments as per his/her option. Premiums are payable for selected term or till prior death of the parent if it occurs during the term. Children up to eight years can be included.

Burglary Insruance

Businessmen who have taken care to insure their stock against fire but not against burglary should reflect for a moment on the following scenario

They arrive at work one morning to discover the stock has disappeared. Such incidents are by no means uncommon and can prove to be very expensive.

Your Burglary Insurance will protect you if such properties were stolen or damaged by burglars. Thieves frequently damage buildings and whilst it is most unlikely that a whole building would be stolen, damages to the buildings would be covered.

Standard Cover

Theft, involving forcible entry into or exit from a building.

Extra Cover Upon Request

Hold-up - means theft accompanied by violence or threat of violence by anyone other than an employee.

Some Common Exclusions

The following are not covered

• Any act committed by any person lawfully on the premises, including household members or employees
• Resulting from a safe/strong room being opened with the key left in the premises
• War, riot, civil commotion, fire or explosion

Public Liability Insruance

Every organization, institution or body of people is under an obligation by law to regulate life and activity in such a way as to avoid causing injury, illness or disease or loss of or damage to property of other persons.

If he fails in lawful duty to others, the injured party is entitled compensation in the form of damages.

What our Public Liability Policy does is to help you in paying such compensation should they arise.

Some Common Exclusions

• Your deliberate acts or omission
• Loss of or damage to your own property and property in your care, custody or control
• Injury, illness or disease to any employees, and liability under any legislation relating to occupational injury, illness or disease
• Bursting of certain apparatus operating under steam pressure
• Vibration or by removal or weakening of support
• Pollution or contamination
• War, civil commotion and the like, ionizing radiations or contamination by radio activity

Individual Personal Accident Insruance

Accidents can happen at work place. And when they do, it's reassuring to know that you've personal accident insurance policy from the leading insurer in the country. Life goes on and in the event of personal injury to you or your loved ones, there are still bills to be paid. At Allied, our Personal Accident Policy is designed to protect you against such possibilities, worldwide 24 hours a day.

Basic Cover

• Any accidental injury being the sole and direct cause (within 12 calendar months) results in
• Accidental death: up on the sum insured
• Permanent Loss or disablement: up to the sum insured, with a range of benefits expressed as a percentage of the sum insured, depending upon the severity of the disablement
• Temporary total disablement: At a rate per week specified in the schedule ( up to 104 weeks)
• Temporary Partial disablement: At a rate per week specified in the schedule ( up to 104 weeks)
• Medical Expenses: Reimbursement up to the amount of compensation specified in the schedule

Some Common Exclusions

• War and other war like activities
• Riot and strike
• Suicide or intentional self injury
• Certain type of hazardous activities like hazardous sports
• Pre-existing physical or mental defect or infirmity
• Any person under the influence of alcohol or drugs

Fidelity Guarantee

The policy indemnifies you for financial losses due to the dishonesty of your employees, failure in the loyal performance of duty or, in certain cases mistakes, of another.

The cover provided on this policy is for named employees or blanket cover, which is based on the amount handled by the employees

Standard Cover

• Loss of monies or goods as a result of fraud or dishonesty by employees.

Extra Cover Upon Request

• Automatic additions and deletions
• Specified Employee basis of cover

Some Common Exclusions

The following are not covered

• Acts insured against are discovered more than 6 months after the resignation, dismissal, retirement or death of the employee or more than 6 months after the termination of the policy, whichever is earlier.
• Precautions for securing accuracy of accounts and monies received by or entrusted to any employee at any one time were not observed.
• When you or your representative has prior knowledge of the act committed by the employee.

Money Insurance

Money Insurance covers cash, cheques, any bank notes, currency notes, money orders or petty cash whilst in your premises or in transit. Cover can be extended to include damage caused by thieves to safes and strong rooms.

Standard Cover

• Loss of money on your premises or in a bank night safe or while being carried by an authorized person.
• Loss of money in a safe or strong room belonging to you and in your premise.

Extra Cover Upon Request

• Riot, civil commotion
• Clothing/personal effects
• Money in custody of employees, security warranty, wages/salaries
• Personal Accident Assault

Standard Cover

The following are not covered

• Through theft by an employee or loss caused by willful destruction by authority of the government public municipal or customs
• War, riot, civil commotion
• Use of any duplicate key or any combination code belonging to you
• Loss or damage to money sent by post

Passenger Liability Insruance

This insurance is provided for safari yachts, speedboats and other commercial vessels carrying passengers.

Covers:

• Loss or damage to passengers property
• Injury or illness to passengers
• Arising out of the operation of the vessel

Consequential Loss Insurance

Business interruption insurance compensates you for lost income if your company has to vacate the premises due to any peril covered under your fire insurance policy, such as a fire, lightning. Business interruption insurance covers the profits you would have earned, based on your financial records, had the disaster not occurred. The policy also covers standing charges that continue even though business activities have come to a temporary halt.

Standard Cover

To cover for the loss of gross profit due to reduction in turnover and additional expenses incurred in minimizing the loss of turnover due to an interruption to the insured business by:

• Fire
• Lightning
• Explosion of gas used for domestic purposes only

• Special perils which are similar to those offered under the fire policy.
• Loss of gross profit arising from business interruption in other premises. For eg: Unspecified / Specified Suppliers Premises and Specified Customers Premises.
• Failure of supply from the public utilities in excess of 72 hours

The following are not covered

• Loss increased by excluded perils taking place during the interruption.
• Loss increased by restrictions imposed by the local authorities on the reconstruction or operation of the business.
• Loss increased due to your lack of sufficient capital for timely restoration or replacement of property destroyed, damaged or lost.

All Risk (Valuables) Insurance

The policy insures Valuables e.g.; Gold and Silver Articles, Jewellery, Watches, Furs against loss or damage by any accident or misfortune (except as under mentioned).

The insurance includes property whilst on the person or in transit and is operative in all places and situations. Claims are paid on value at the time of loss but if at the time of any loss or damage the sum insured on any item shall be less than the total value of the property covered thereby the Insured shall be considered his own insurer for the difference and shall bear a rateable proportion of such loss or damage.

The policy does not cover

• Any consequences of war invasion act of foreign enemy hostilities (whether war be declared or not) civil war rebellion mutiny revolution insurrection or military or usurped power.
• Outside Maldives – any consequence of strike or riot or civil commotion.
• Loss or damage arising from detention confiscation destruction or requisition by any Maldivian Government Officials or Authorities.
• Theft of property left in (a) unoccupied touring or convertible cars or (b) other unoccupied vehicles unless all windows doors luggage compartment or boot roof and windscreen are completely closed and securely locked.
• Loss or damage arising from wear and tear gradual deterioration depreciation moth vermin any process of cleaning or restoring or action of light atmospheric or climatic conditions (other than lightning).
• Loss or damage arising from mechanical or electrical breakdown.
• Breakage of tortoiseshell glass or other brittle substances not due to fire or thieves.

Contractors All Risk Insurance

This class of insurance is specially designed for civil engineering projects/works i.e. dwelling houses, multi-storey buildings, hospitals, factories, bridges, sewer systems, roads, etc. that are under construction.

Standard Cover

Material Damage

Covers unforeseen and sudden physical loss or damage to insured items during the course of their construction from whatever cause not specifically excluded. Coverage include:

• Lack of skill
• Carelessness
• Malicious damage
• Incorrect supervision
• Storm & Flooding
• Theft
• Fire, lightning & explosion Earthquake & landslide
• Other perils resulting from acts of nature

Third Party Liability

Covers Insured's legal liability to third parties, up to the amount of indemnity selected in respect of:

• accidental bodily injury
• loss or damage to property

Extra Cover Upon Request

• Strike, Riot and Civil Commotion
• Underground cables, pipes and other facilities
• Vibration, Removal or Weakening of Support
• Consultants as Third Parties
• Extra Charges
• Professional Fees
• Sub-contracts

Some Common Exclusions

The following are not covered

• Faulty design, defective material or casting, bad workmanship, mechanical and/or electrical breakdown or derangement of construction plant, equipment and construction machinery.
• Cost of replacement, repair or rectification of any deficiencies in the contract works.
• Any consequential loss e.g. claims from penalties, losses due to delay, lack of performance, loss of contract, total or partial cessation of work.
• War, radioactivity, riot, civil commotion, willful act or negligence of Insured or representatives

Downloads

• Burglary
• Public Liability
• Personal Accident
• Personal Group Accident
• Money
• Consequential Loss
• All Risks - Valuable
• Contractors All Risks

Our Health insurance is designed to provide round the clock medical assistance due to an accident or illness. It provides comprehensive coverage for in and out patient, surgical, medical and other related benefits.

Currently we offer Group / Corporate Health Insurance.

There are several plans available under this cover, which, if required can be adjusted to suite your needs.

Benefits provided

1. Daily Authorized Medical Centre Room and board: pays for the actual room & board charges incurred, up to a maximum daily benefit selected but not exceeding 90 days per disability
2. Intensive Care Unit : pays for the actual intensive care ward charges insured, up to a maximum daily benefit selected but not exceeding 30 days per disability
3. Surgical Benefit : pays for the actual expenses incurred for any surgical procedures performed subject to the Surgical Schedule and the maximum benefit selected
4. Miscellaneous Services : pays for the actual expenses incurred for the following items:
   • Use of Operating Room
   • Drugs and Medicines
   • Dressings, Ordinary splints and Plaster Casts
   • Laboratory Examinations, X-ray Examinations
   • Electrocardiograms, Basal Metabolism Tests
   • Physical therapy, X-ray therapy, radium therapy, radium and isotopes
   • Intravenous infusions, Administration and the cost of Blood or Blood Plasma
   • Anesthesia and Oxygen and their administration
5. In-Hospital Physician's Visit: pays for the reasonable and customary charges incurred for daily services rendered by a registered Physician in the hospital, subject to a limit of one visit per day of hospital confinement up to a maximum daily benefit selected.
6. Post Hospital Benefits: pays for the actual expenses incurred for the follow-up treatment provided or recommended by the same physician within 31 days from the hospital discharge, subject to the maximum benefit selected.
7. Specialists Consultation: pays for the reasonable and customary charges incurred for medical specialist consultation recommended by a registered Physician up to the maximum benefit selected. However, no payment shall be made if after the specialist consultation, hospitalization or surgical treatment is not required.
8. Diagnostic Services: pays for the actual expenses incurred for examination or laboratory tests ordered by a registered Physician and performed during hospitalization or in the diagnosis of a condition resulting in hospitalization or surgery within 30 days of the consultation or the test, subject to the maximum benefit selected.
9. Ambulance Services: pays for the actual expenses incurred for necessary medical ambulance transportation to a local hospital, subject to the maximum benefit selected.
10. Out-patient Kidney Dialysis: pays for the actual expenses incurred for kidney dialysis performed at a legally registered dialysis centre or unit, subject to the maximum benefit selected.
11. Out-patient Cancer Treatment: pays for the actual expenses incurred for out-patient cancer treatment provided by the out-patient department of a hospital or a registered cancer treatment centre including examination and tests ordered by a Physician, subject to the maximum benefit selected.
12. Out-patient Treatment: pays for the actual expenses incurred for treatment of bodily injury arising or illness as an out- patient.
13. Expenses incurred as a result of follow-up visits made within 30 days of the accident shall also be payable but the total benefit payable shall not exceed the maximum benefit selected

Downloads

• Individual Health Proposal (Company)

You may be using your own vehicle or others vehicle as a part of your daily activities. While using such vehicles you are uncertain about so many things. You may meet an accident that damages your own vehicle, and get yourself injured too. You may also injure another person, cause damage to his/her vehicle or property. In such unforeseen situations you could be held liable to pay for damages as well as repair your own vehicle.

We offer different type of cover for different classes of vehicles;

• Private Motor Car Insurance
• Private Motorcycle Insurance
• Commercial Vehicle Insurance (Fleet and Individual)

Cover provided

Motor Insurance covers loss or damage to your own vehicle, personal effects in the car, medical expenses incurred by you and others in the car, personal accident benefits for yourself and your spouse.

This Insurance also covers your liability to others whilst driving your own or any other car with the owners permission, liability of other person(s) who is driving or using your car, emergency treatment fees to others and legal and defence cost incurred following an accident.

Some Common Exclusion

• Driving without a valid license
• Wear and tear depreciation and loss of use
• Damage to tires caused by braking or by cuts, punctures or bursts.

Downloads

• Motor Insurance Proposal (Dhivehi)
• Motor Car Proposal (Commercial)
• Motor Cycle Proposal (Commercial)
• Motor Car Proposal (Private)
• Motor Cycle Proposal (Private)

Travel Insurance Policy

Flight delays. Loss of luggage. Illness. An accident. Whether you are on a business trip or on holiday with your family, any of these common travel problems could leave you stranded and helpless far from home. The result could be a financial disaster. Our Travel Insurance policy protects you from such disasters while you are traveling.

Choice of Benefits

• Medical and Additional Expenses
• Cancellation and Curtailment
• Travel Delay
• Personal Accident
• Personal Liability
• Hospital Benefits
• Accompanied Personal Baggage, Clothing or Effect and Money (including Baggage delay extension)
• Loss of Travel Document
• Legal Expenses
• Missed Departure

Some Common Exclusions

• War and war like activities
• Any manual work carried out during a trip
• Claims arising from any defect, infirmity, illness or condition which an insured person has prior knowledge of
• Claim arising out of childbirth and pregnancy
• Claims and expenses arising from or aggravated by alcohol or drug abuse

Downloads

• Travel Insurance

At Allied we firmly believe that your home should be your castle and a place where you can find peace of mind and a sense of complete security.

Once you close the door behind you, you should be able to relax completely. However unforeseen events can change the situation and that's where Allied comes in.

No Hassle Claims

We know that if you need to make a claim, you'll want it sorted out as soon as possible. All you have to do is complete the claim form or give the details of your claim over the phone to one of our incident managers and we will start dealing with your claim straight away.

Building Insurance

What is covered?

Available on its own or with Contents option

• Cover for your Buildings against loss or damage from specific causes like fire, theft, storm, lightning and flood.
• Architect's and surveyors fees, removal of debris and demolishing costs.
• Impact damage by road vehicles.

What do we cover?

We cover your buildings against loss or damage from specific causes such as fire, theft, storm, lightning and flood. You just bear the first MRF 4000 of any claim.

Contents Insurance

What is covered?

• The contents in your home against loss or damage from specific causes like fire, theft, storm, lightning and flood.
• Damage to contents temporarily removed and in the open from specific causes like fire, theft, storm, lightning and flood.

What do we cover?

We cover your contents in your home against loss or damage from specific causes such as fire, theft, storm, lightning and flood. You just pay the first MRF 4000 of any claim.

Downloads

• Home Insurance
• Authorized Medical Centers

Cargo Insurance

Insuring your shipment can dramatically reduce your exposure to risk. It therefore makes good sense that you not only take precautions against accidents happening but that you're also well prepared for it.

Marine Cargo Insurance protects you against any financial consequences of loss of or damage to your property. And this includes cover for the other properties that you are responsible for.

Conveyance - By sea

Covers loss or damage whilst cargo is being conveyed by recognized sea transport. There are 3 marine insurance by sea conveyance coverage categories. They are Institute Cargo Clause A, B and C. Following is a summary of the coverage provided by type:

• Institute Cargo Clause A - Covers all risks of loss or damage to the cargo
• Institute Cargo Clause B - covers fire or explosion, stranding or grounding of vessel, overturning or derailment of land conveyance, collision or contact of vessel with external object, discharge of cargo at port of distress, earthquake, volcanic eruption or lightning, jettison or washing overboard, entry of sea, lake or river water into vessel.
• Institute Cargo Clause C - covers fire or explosion, stranding or grounding of vessel, overturning or derailment of land conveyance, collision or contact of vessel with any external objects, discharge of cargo at port of distress, jettison.

Extra Cover Upon Request

• War risks
• Strike and civil commotion risk
• Transhipment

Some Common Exclusions

• Willful misconduct of insured
• Ordinary leakage, loss in weight or volume or ordinary wear and tear
• Insufficient packing or unsuitability of packing or improper stowage in container
• Inherent vice or nature of the good
• Act or terrorism with political motive
• Delay even though caused by strike against the insured
• Insolvency or financial default of the owners, charters or operators of the vessel
• War, strike and civil commotion

Conveyance - By Air

Covers all risks of loss or damage whilst cargo are being conveyed by recognized air transport companies

Hull Insurance

Marine Hull Insurance covers loss or damage to hull, machinery, gear and equipment. The hull is the structure of the vessel which can be made from wood, steel or any other type of material. Machinery is the equipment that generates the power to move the vessel and control the lighting and temperature system such as boiler, engine, cooler and electricity generator. Gear and equipment include navigational / communication equipment, anchors, etc.
This insurance is designed to indemnify the shipowner against loss of or damage to ship and liability of shipowner arising from maritime perils which include perils of the sea such as heavy weather, stranding or collision and other similar perils.
The insurance is usually taken for a period of 12 months.
Different policies are available where the following can be covered.

• Total loss and partial loss
• Collision liabilities and third party liabilities
• Salvage and sue and labour charges
• Wreck removal risks
• Special covers for yachts and pleasure craft

Downloads

• Cargo Insurance
• Hull Insurance
• Renewal Form_Marine & Commercial

Fire Insurance Policy

Fire Insurance safeguards your buildings used for business or as dwelling house. It protects the contents of your premises, such as machinery, equipment, stock, furniture against damages caused by Fire and/or Lightning.

Besides fire, loss or damage to property caused by natural disasters, flood, explosion, riot and strikes, malicious act, aircraft, vehicle and/or water damages can be just as severe. Such calamities may be extended under a standard Fire policy.

Standard Policy covers

Fire, Lightning and Explosion of gas used for domestic purpose only.

Additional perils that can be covered upon request

• Loss or damage arising from
• Explosion
• Riot and Strike
• Malicious damage
• Aircraft and other aerial device
• Bursting or overflowing of water tanks, apparatus or pipes
• Impact by road vehicle
• Earthquake, volcanic eruption, hurricane, cyclone, typhoon and windstorm and flood arising there from
• Flood

Common Exclusions

• Theft during or after occurrence of fire
• Loss or damage caused by burning of property by order of any public authority
• Loss or damage caused by subterranean fire
• Loss or damage caused by Nuclear reaction and Radioactivity

Downloads

• Fire Insurance