Askari Life Assurance Company Limited provides life insurance products to individuals and companies in Pakistan. The company offers individual life insurance term and saving plans; group life and family insurance products; health and accident insurance plans; and bancassurance and bancatakaful, and family takaful coverage products. It also provides accidental death benefit, terminal illness, natural disability benefit, post-retirement benefits, widows pension, life, critical illness care, and outpatient treatment insurance products. The company was incorporated in 1992 and is headquartered in Karachi, Pakistan. Askari Life Assurance Company Limited operates as a subsidiary of Army Welfare Trust.