New Jubilee Life Insurance and Faysal Bank Ltd. recently signed a Bancassurance distribution in Karachi.

The agreement was signed by the respective CEO’s of the two companies. Javed Ahmed, Managing Director and CEO of NJI Life said, “We are honored to provide our services and products to the customers of Faysal Bank. Being the pioneers of Bancassurance in Pakistan, we are confident that we will be able to provide the best level of services and guidance to our new Bancassurance partner. "

Commenting on the agreement , Naved A Khan, President & CEO of Faysal Bank said, “The collaboration between Faysal Bank and NJI Life marks another milestone for Faysal Bank. This alliance provides a great opportunity for Faysal Bank to strengthen its existing customer relationships as well as develop new ones in the future by offering a wide range of Bancassurance products.”

Through this arrangement, both the companies will introduce unique range of insurance and investment products which will satisfy the growing need of customers who wish to secure their family's financial future and protect them in case of any unfortunate eventuality.