Pakistan Today

UBL and NJI ink Bancassurance deal

KARACHI – United Bank Limited (UBL) and New Jubilee Life Insurance Company Limited (NJI Life) have entered a strategic partnership to sell Life Insurance products under UBL’s existing ambit of UBL BetterLife Investment Plans. The offered plans will include savings, retirement, child education and marriage plans.
The agreement was signed by Aameer Karachiwalla, Group Executive, Retail Bank-UBL and Javed Ahmed-Managing Director and NJI Life CEO at a ceremony held at UBL Head Office. Speaking on the occasion, Karachiwalla said, “Bancassurance in UBL has been a tremendous success and now with NJI Life coming onboard, we plan to take this line of business to the next level of direct selling with our Liability Sales Force marketing the investment plans to UBL customers across the country.”

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