Telenor Microfinance Bank Partners With EFU Life to Upgrade Mass Market Product

Telenor Microfinance Bank Partners With EFU Life to Upgrade Mass Market Product

Telenor Microfinance Financial institution has joined arms with EFU Life Assurance Ltd. to launch ‘Kamyab Mustaqbil Plus’, an enhanced model of the Financial institution’s current mass market product. The signing ceremony happened at Telenor Financial institution’s headquarters in Karachi the place executives of each organizations have been current.

‘Kamyab Mustaqbil Plus’ is a Shariah-compliant time period takaful plan. Supplied in trade for an inexpensive annual contribution, it gives takaful protection for pure or unintentional deaths in addition to medical expense reimbursement in case of an accident.

“This partnership furthers our inclusion targets the place we attempt to supply the under-served with straightforward and efficient entry to life’s fundamental requirements and put together for its uncertainties,” mentioned Shahid Mustafa, President & CEO, Telenor Microfinance Financial institution whereas talking on the ceremony. “With this partnership, we purpose to increase the utmost attainable advantages of Shariah-compliant type of insurance coverage that Pakistanis demand, securing their futures and serving to them higher plan their lives,” he added.

Talking on this event Mr. Taher G. Sachak, Chief Govt Officer and Managing Director of EFU Life, mentioned,

IT PROVIDES ME IMMENSE PLEASURE TO SIGNAL THIS SETTLEMENT BECAUSE IT ADDITIONAL STRENGTHENS EFU LIFE’S RELATIONSHIP WITH TELENOR MICROFINANCE FINANCIAL INSTITUTION. WITH THE LAUNCH OF ‘KAMYAB MUSTAKBIL PLUS’, WE PURPOSE TO EXTEND OUR OUTREACH TO MUCH MORE SEGMENTS OF THE SOCIETY. INCLUSIVE INSURANCE COVERAGE IS AMONG THE KEY STRATEGIC PILLARS OF EFU LIFE & I’M COMPLETELY SATISFIED TO WITNESS THAT EACH ORGANIZATIONS ARE WORKING CAREFULLY TO BOOST THE MONETARY SECURITY WEB FOR THE LOTS.

‘Kamyab Mustakbil Plus’ presents extremely versatile subscription plans of as much as 10 models with every unit costing simply Rs. 700. The plan is legitimate for one 12 months from the date of premium contribution fee. All Easypaisa prospects aged 18-64 can avail the product.

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