New Jubilee Life Insurance Company Ltd (NJLI), one of Pakistan's largest Life Assurance Company and Habib Bank Ltd, Pakistan's largest bank have launched two new life insurance products, 'Amaan' and 'Tabeer'. These Plans that have been specially designed for customers seeking life insurance along with an investment option.
This landmark venture has made NJI life the largest bancassurance company of Pakistan. NJLI has consistently strived to provide new value added services to its customers. Constant innovation has been its forte and it has spared no efforts to provide the best of service to its clientele. Similarly, HBL has become a trusted name through its decades of experience and the biggest customer base in Pakistan.
Amaan (Retirement Plan) and Tabeer (Child Education and Marriage) plan have been exclusively designed keeping in view the customer base of HBL. Amaan Plan secures your future only with a minimum contribution of Rs 3,000, and is available from selected branches of HBL.
According to Faisal Abbasi, Head of Bancassurance NJLI, "Introducing Amaan and Tabeer Plan is a win-win option for our customers as well as the bank itself. The benefits of Amaan and Tabeer include the ability to invest and secure your and your child's future for their future needs."
Abbasi continued, "We can now offer our customers a comprehensive range of solutions to match both their social and individual retirement needs through NJLI's offerings." Both the Institutions are known for their sound management policies and long term commitments. NJLI envisages vast scope in insurance penetration and immense potential to boost its revenue income through its strategic partnership with HBL.
Abid Sattar, SEVP Retail and Consumer Banking Group, Habib Bank Ltd in his address, stated that "The New Jubilee Life Insurance Company, a leader in life insurance business, has chosen HBL as its agent, for the bank, this is yet another important partnership to offer value addition to its customers. The bank will offer various protection plans of NJLI through all its branches."
Javed Ahmed, Managing Director of the New Jubilee Insurance Company Ltd, in his address stressed the importance in new initiatives in Bancassurance tie-ups in Pakistan. He added that it would not only enhance the financial standings of both the organisations, but add convenience to the consumers who are seeking banking and insurance services.
In addition to that he is very optimistic that NJLI and HBL through this tie-up will serve national economy and work for the betterment of large cross section of public by offering banking and insurance via single window products.-PR