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ATM Cash and Withdrawal Insurance

Feel Secure; Bank on Summit Bank
Summit Bank believes in giving you a complete sense of security in case of unexpected misfortune. With our ATM Withdrawal Insurance, you are protected at all 1-Link ATMs – 24 hours a day, 365 days a year.

Providers
Summit Bank Limited and Pak Kuwait Takaful Company Limited present to you the “ATM Withdrawal Insurance” cover. It covers all cash withdrawals made with a Summit Bank debit card on any 1-Link ATM across Pakistan.

Coverage
The policy is valid for 1 hour and a radius of 10 km for the loss of cash by way of an armed holdup or forced deprivation from the cardholder.

Amount Covered
Rs. 25,000 is the maximum limit covered per card. 10% of the sum covered on each loss is deductible

Charges
*Free for the year 2010

* Eligibility Criteria
Current Account average balance – Rs. 25,000 minimum
OR
Regular PLS Savings Account average balance – Rs. 50,000 minimum
for at least 6 consecutive months.

*Terms and Conditions apply