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Karachi, April 05, 2021: Jubilee Life Insurance, Pakistan’s leading life insurance company in the private
sector has partnered with UBL to offer a new bancassurance proposition ‘Jubilee – You Protect Plan’ –
a comprehensive health and life insurance plan.
Under this partnership, the policyholders are provided with a simple and affordable way to protect
themselves and eliminate their financial worries in case of death or hospitalisation expenses. The
uniqueness that this plan offers is that in case of death the nominated beneficiary will receive a sum
of up to PKR 500,000 and in case of hospitalisation, a daily benefit of up to PKR 10,000 till a period of
up to 180 days.
Speaking about the partnership, Mr. Javed Ahmed, MD & CEO, Jubilee Life Insurance commented
“Our customers are our top priority. The Jubilee – You Protect Plan is specially curated keeping our
customers’ needs and requirements in mind and to offer them with an opportunity to make them feel
safe and secured. UBL is known for its customer care and we are glad to partner with a bank that
holds the same vision as ours.”
Mr. Zia Ijaz, GE, Branch Banking & International, UBL said “Our customers are precious to us and we
wish to offer them nothing but the best. We are keen to on-board Jubilee Life You Protect Plan in
current times, when it is imperative that one holds a reliable protection plan for themselves and their
Jubilee Insurance is a global brand of the Aga Khan Fund for Economic Development (AKFED) that
offers diverse insurance solutions (life, health and general) in the Asian and East African markets.
Jubilee Life in Pakistan offers a uniquely designed range of life and health insurance plans, catering to
various customer segments and needs. These include retirement, child education, marriage, saving &
protection, wealth accumulation, life insurance plans for women, rural insurance plans and life and
health insurance solutions for the less privileged of our country.