Jubilee General Insurance partners with Faysal Bank for distribution of Takaful products

Jubilee General Insurance (Window Takaful Operation) has entered into a strategic partnership with Faysal Bank Limited for distribution of Takaful products to its valued clients.

As a start, Jubilee General Window Takaful will be offering ‘Takaful Health Cover Plan’, which will be a unique product offer through Faysal Bank, catering to the hospitalization and medical coverage of the insured. Other products will soon be launched as part of this alliance to offer hassle free and affordable coverage plans to Faysal Bank customers.

A signing ceremony was held at Faysal Bank Head Office in Karachi in July 2018 to formally commence the beginning of a new partnership between Faysal Bank & Jubilee General Insurance (Window Takaful Operations).

Management teams from both the representative companies were present in the event including Mr. Azfar Arshad (Head of Operations, Jubilee General Insurance) and Mr. Tahir Yaqoob Bhatti (Head of Retail Banking, Faysal Bank).

Commenting on the occasion, Mr. Azfar Arshad, Head of Operations Jubilee General Insurance Company Limited added, “Our collaboration with Faysal Bank is a positive step towards making individual health Takaful accessible for the wider markets, where health coverage in current retail market is not conveniently in reach and yet is the need of time. With Faysal Bank’s impeccable service and vast clientele and Jubilee General being the pioneer of Health Insurance products in Pakistan, this partnership will definitely be a positive step towards benefit and welfare at large”.

Also commenting on this initiative, TahirYaqoobBhatti, Head of Retail Banking, Faysal Bank stated, “We are focused on providing unique and innovative financial solutions to our customers. This partnership is another step to provide the customers superior service and need-based products. We are constantly looking to enhance our product proposition for our customers and this alliance is another step in that direction.”