You can not predict what will next happen in your life.. We must keep this reality in our minds at all times. The concept of insurance and its benefits is getting popular among people day by day. In Pakistan, people are skeptical and unaware of insurance. Insurance is a procedure by which you transfer your personal risk. When you get insurance, you are actually shifting the responsibility under such terms and conditions of your loss to the insurance companies. Different insurance company in Pakistan provide different sort of insurance, depending upon your preference.Such as:
- Life Insurance.
- Liability Insurance.
- Guarantee Insurance.
- Property Insurance.
- Fire Insurance.
- Social Insurance.
Pros of insurance policy in Pakistan
- Financial security so that you do not have to depend on external sources for money.
- Give you peace of mind about the forthcoming.
- Allow you to mitigate risk.
Top insurance companies in pakistan
Best insurance company in Pakistan which is reliable and working for a long time.
Jubilee Life Insurance
Jubilee Life Insurance is a reliable brand which associates with the word “happiness” for all the right reasons. Jubilee Life Insurance is known among the public because of their incredible services and easy policies. Jubilee offers the following insurance policies that is Individual life insurance which helps you save money for your child’s needs for future, Micro-insurance specially designed to cater to the needs of underprivileged people, Corporate insurance for the corporate world, Online insurance and Family Takaful policy that is per the sharia laws.
Adamjee Insurance Company
Adamjee Insurance Company is among the best life insurance companies in Pakistan. It started its operations in 1960 and currently, the largest general insurance company in Pakistan. It’s also dealt with in other regions such as the United Arab Emirates etc. It offers health insurance companies in pakistan. The insurance company deals with the following classes of business; Engineering insurance, Marine insurance, Motor insurance, Travel insurance, Agriculture insurance, Financial lines insurance, and Liability lines insurance.
EFU Life Insurance
EFU Life Insurance started as the first private life insurance in Pakistan in 1992 . EFU is known for the best insurance policy in Pakistan to have the largest financial base in the private sector with the highest-paid capital. EFU offers its customers a dynamic best value product. It is the first life insurance company in Pakistan to be ISO certified.They offer some product; Unit-linked products, Education Planning Product, Inflation Protection Benefit, and Pension Plans.
Pakistan State Life Insurance
Pakistan State Life Insurance is a government-owned organization that is providing a variety of insurance policies to its clients. It is one of the most popular insurance companies in karachi and other cities of Pakistan. It also deals with group plans and individual policies. Individual plans offered by the Pakistan State Life
Insurance are: Whole Life Assurance, Endowment Assurance and Shad Abad Assurance. On the other side, other categories of insurance include: Jeevan Sathi Assurance, Child Protection Assurance and Health Care Plans.