Home Business Khushhalibank Collaborates With Two Leading Insurance Companies

Khushhalibank Collaborates With Two Leading Insurance Companies

Khushhalibank Collaborates With Two Leading Insurance Companies

Karachi, March 30, 2017: Khushhalibankcollaborates with two leading companies in the insurance sector of Pakistan, namely Adamjee Life Assurance Company Limited and Jubilee Life Insurance (JLI). The two agreements were signed in order to facilitate valued customers and provide them with more benefits of life insurance cover packages.

As per agreement with Adamjee Life Assurance, flexible premium investment-linked assurance plans will be offered under the Bancassurance arrangement. The Bank will offer an access to professionally managed unit funds. Clients can choose to pay premiums on monthly, quarterly, half yearly and yearly basis with premiums starting from PKR 8,000 to 36,000 annually.Speaking on the Occasion, Jehanzeb Zafar, Chief Strategy Officer, Adamjee Life Assurance Company said, “Our customers will have the luxury of selecting the package that best suits their requirements. Premiums will be used to purchase units in the unit funds.In partnership with Jubilee Life Insurance, Khushhalibank and JLIhas enhanced the insurance product proposition, SehatKhushhalibeing offered by the Bank to its customers. Under this scheme the clients are provided hospitalization coverage of PKR 40,000 in one year time on a premium of PKR 750.In addition both parties also agreed to launch and establish necessary support for operations efficiency through Bank’s branches.On this partnership, SohailFakhar, Group Head, Jubilee Life Insurance expressed his views, “The alliance between the two organizations is a great move and both parties have their consent in establishing necessary support towards enhanced operations efficiency.On the occasion, President Khushhalibank, Ghalib Nishtar, said, “These partnerships will set new standards for marketing the insurance products and the Bank will ensure best quality service to its customers.”

Must Read

realme becomes fastest smartphone brand to reach 50 million product sales & scores

realme becomes fastest smartphone brand to reach 50 million product sales & scores Global Top 7 rank, according to Counterpoint Research realme, a young and...

Ufone offers lowest international roaming rates for Italy

Pakistani telecom company, Ufone, has introduced another rewarding offer for its customers by providing the most economical international roaming rates for Italy. Customers can...

Jazz registers significant growth in 4G subscribers during Q3 2020

Strong recovery in operational metrics backed by a focus on digital services expansion   Islamabad – 29 October 2020: Pakistan's number one 4G operator and largest...

Jazz condemns sealing of its office by FBR

Jazz contributed PKR 251 billion to the national exchequer in taxes and duties in the last 6 years Islamabad – 29 Oct 2020: Pakistan’s number...

Zong 4G launches international roaming bundle for Turkey

Adding more global locations to its industry-leading international roaming offers, Pakistan’s leading cellular and digital service provider, Zong 4G, is now offering International Roaming...