Jubilee Life Insurance
Jubilee Life Insurance is a brand that is associated with happiness, and for good reason. They offer affordable health insurance services with uncomplicated terms and conditions, making them a popular choice for the general public. Their clients can choose from a variety of insurance plans, including individual life insurance, bancassurance, micro-insurance, insurance for companies, and web-based protection that complies with Sharia laws. Individual life insurance allows you to set aside funds for your child’s future needs, such as education, healthcare, and marriage. Bancassurance is a one-stop shop for all your banking, insurance, and financial needs. Micro-insurance is an insurance policy that is specifically designed to cater to the needs of underprivileged individuals. Insurance for companies is a policy that is tailored to the corporate world. Lastly, web-based protection that complies with sharia laws is also available.
Jubilee Life Insurance Company Limited was established as a public limited company in Pakistan on June 29, 1995, according to the Companies Ordinance, 1984. The Company’s shares are quoted on the Pakistan Stock Exchange Limited. On June 20, 1996, the Company officially commenced its operations. The Company’s registered office is located at 26-D, 3rd floor, Kashmir Plaza, Jinnah Avenue, Blue Area, Islamabad, while its principal office is located at Jubilee Life Insurance Building, 74/1-A, Lalazar, M. T. Khan Road, Karachi.
Jubilee Life Insurance. The Company operates a non-participating life insurance business. The Company has established the following statutory funds in relation to each class of its life insurance business in compliance with the requirements of the Insurance Ordinance, 2000:
- Individual Life Unit Linked
- Conventional Business
- Accident and Health
- Overseas Group Life and Health Business
- Window Takaful Operations
JCR-VIS Credit Rating Co. Ltd. has given Jubilee Life an Insurer Financial Strength (IFS) rating of “AA+” (Double A Plus) with a “Stable” outlook. The Company is a division of Switzerland-based Aga Khan Fund for Economic Development S.A.
After extensive investigation, Jubilee Life Insurance was picked as the new name. In the financial services industry, the word “Jubilee” is already well-known and is linked to “Happiness,” which is closely related to our line of work. To keep you and your loved ones happy at all times, we consequently made the decision to give you the assurance of our substantial market presence together with a pledge to assist you in planning and achieving your financial goals. We will provide you with world-class services and solutions to your financial demands with a global brand.
Jubilee Life Insurance: What do you think those two words mean? Do they lead you to believe that you will be making payments for the rest of your life in the vain hope that your family will be taken care of should the worst happen? We won’t lie to you, I suppose. That is a component of life insurance. But it’s a very small portion of what we do at Jubilee Life Insurance, and it’s only a part.
CHILD EDUCATION PLANS