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INTRODUCTION

INTRODUCTION.

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INTRODUCTION

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  1. INTRODUCTION  New Jubilee Life Insurance Company Limited (NJI Life) is a subsidiary of the Aga Khan Fund for Economic Development (AKFED), Switzerland. It was incorporated in Pakistan on 29 June 1995 as a Public Limited Company under the Companies Ordinance 1984. Its share are quoted on the Karachi Stock Exchange. The Company started its business on 20 June 1996. Paid Up Capital of the Company is Rs. 627 million, which is the highest amongst public insurance companies in Pakistan.

  2. MISSION & VISION STATEMENT Vision Statement To be Pakistan's leading and most highly reputed life insurance company, enjoying the confidence and trust of its Shareholders, Policyholders, Business Partners and the Communities in which it operates

  3. Mission Statement • Shareholders • Policyholders • The community in which we exist along with our Shareholders, Policyholders, Employees. • Welfare of the community

  4. CORE VALUES Ethical and Legal behaviorCustomer FocusProfitability / Cost consciousness Employee DevelopmentTeamworkPositive AttitudeContinuous Process ImprovementInnovationSpeed & Responsiveness

  5. Reasons to buy the Secure Investment Plan High growth potential Professional investment management Investment diversification Tax advantage

  6. Benefits The aim of the cover is to provide a lump sum (sum assured) if the insured is diagnosed as having one of the Critical Illness (specified above), during the currency of the cover, provided the insured survives for thirty days after diagnosis. Maximum benefit under the plan can rise up to Rs. 1.5 million. In case death of the insured occurs within thirty days period or due to reasons other than critical illness, 10 % of the sum assured will be paid to the affected family. The cover under the plan would commence after 90 days of issuance of the policy

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