Jubilee Life Partners UBL in a strategic move to reshape Pakistan’s insurance landscape. Jubilee Life Insurance Company Limited (JLI), the country’s largest private sector insurer, and United Bank Limited (UBL), one of its leading financial institutions, have joined hands to launch innovative insurance solutions. These offerings aim to deliver enhanced financial security and long-term value to customers across Pakistan.
The new product is the first of its kind. It offers early break-even, guaranteed maturity benefits, fixed surrender value, and a reversionary bonus alongside the sum assured in case of death. Customers also gain access to policy loans and automatic premium loans. These features ensure liquidity during emergencies while preserving long-term financial growth.
At the signing ceremony, Javed Ahmed, MD & CEO of Jubilee Life Insurance, emphasized the company’s commitment to innovation. “With UBL as a strong partner, we aim to offer products that safeguard the future and promote financial resilience,” he said.
Abdul Aleem Qureshi, Group Executive – Branch Banking at UBL, added, “UBL continues to lead in delivering value through innovative solutions. This collaboration reinforces our commitment to financial inclusion and customer well-being.”
Moreover, the partnership reflects a shared vision to redefine customer-focused financial services in Pakistan. By combining insurance expertise with banking reach, Jubilee Life Partners UBL sets a new benchmark for integrated financial protection.
In addition to product innovation, both institutions aim to expand outreach through digital channels and branch networks. This will help ensure that customers from diverse regions and income groups can benefit from tailored financial tools.
The partnership also supports broader economic goals. By encouraging savings and protection it contributes to financial literacy and long-term planning. As Pakistan’s financial ecosystem evolves, such collaborations play a vital role in building resilience and trust among consumers.
Ultimately, the initiative is expected to drive greater awareness of insurance as a pillar of financial planning. It highlights the role of strategic alliances in building a more inclusive and secure economy.
