Jubilee Life and Bank of Azad Jammu & Kashmir sign Bancassurance agreement
Jubilee Life and Bank of Azad Jammu & Kashmir sign Bancassurance agreement
Article Author: Jubilee Life and Bank of Azad Jammu & Kashmir sign Bancassurance agreement
Media Source: Trade Chronicle (Pakistan)
Date: 9 September 2020
Bank of Azad Jammu & Kashmir and Jubilee Life Insurance have recently entered into a distribution alliance for Jubilee Life’s insurance products in order to augment the accessibility of insurance products and capitalise on the significance of financial inclusion. Head of Bancassurance at Jubilee Life Insurance said Bancassurance was ideal for the distribution of mass-market products and extend products to the clients as per their needs and values. This integration would also help in improving market presence and maximising synergies