JUBILEE LIFE INSURANCE. Frequently Asked Questions
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1 JUBILEE LIFE INSURANCE Frequently Asked Questions
2 Detailed Information for Customers Q: What is Jubilee Insurance? A: Jubilee Insurance is the brand name that will be used to specify all Insurance businesses (Life, General and Health) conducted globally by a common parent group. Currently Jubilee Insurance has its footprints in Pakistan, Kenya, Tanzania, Burundi, Uganda and Mauritius.With a vision to enable people to overcome uncertainty, we strive to provide solutions that protect the future of our customers. Q: Has New Jubilee Life been taken over by Jubilee Life Insurance? A: No. It is not a business acquisition or merger. It is a change in identity of New Jubilee Life to Jubilee Life Insurance. Q: Why has the company changed its name to Jubilee Life Insurance? A: We are part of a global business, and we needed one global name for our customers to recognise us around the world. With a global brand we will bring you global best practices in services and world class solutions to your financial needs. Q: How is Jubilee Insurance different from Jubilee Life Insurance and Jubilee General Insurance? A: Jubilee Insurance is the brand name for all our insurance businesses. Jubilee Life Insurance will be used to identify companies conducting Life Insurance Business and Jubilee General Insurance will be used for companies conducting General Insurance Business. Q: Are these companies still part of the Aga Khan Development Network? A: Yes. There is no change in the ownership structure of any company in Jubilee Insurance Group. Jubilee Life Insurance is a subsidiary of the Aga Khan Fund for Economic Development, Switzerland (AKFED). Active in the fields of Industry, Financial Services, Tourism Development and Infrastructure, AKFED is the economic development arm of the Aga Khan Development Network (AKDN). Please visit and for more information. Q: Why did you choose the name Jubilee Life Insurance? A: Jubilee Life Insurance was chosen as the new name after a thorough research exercise. The word Jubilee is already well-known in the financial services market and is associated with Happiness which very much relates to our business. We therefore decided to give you the confidence of our strong presence in the market coupled with a promise to help you plan and realize your financial dreams to keep you and your loved ones happy at all times. Q: How does the change affect me? A: Positively! With enhanced products and services, we will enable you to live free of your financial worries and rejoice as your financial dreams come true. All your existing policies and contracts will remain the same there is no need to change these. If you have any direct debit instructions for payment of premiums, we have updated the payee name to Jubilee Life Insurance to ensure continuity of your timely payments.
3 Our payment instruments and premium receipts will bear our new name Jubilee Life Insurance in future. Q: Am I still covered under my policy? A: Yes. There hasn't been any change to your policy as a result of this change. Q: Is my policy still administered from the same place? A: Yes, all policies will be serviced from the same place. Q: Do I need to do anything? A: No, as a customer you are not required to do anything. Your insurer remains the same; the only change is the compony s name. There are no changes to your policy or contract as a result of this. Q: Have your contact details changed? A: No. We can still be contacted using our existing addresses and telephone numbers available on our printed documents. We have introduced a new UAN number ( JLI) which will be operational along with our old UAN ( NJLI). Q: Do Internet searches take me to Jubilee Life if I forget and instead type New Jubilee Life? A: Yes, if you forget we will automatically redirect you to Q: How will the change impact customer services? A: With a history of providing the best possible services to our customers, we will further improve our services by bringing world class standards and best practices. With our enhanced values of Teamwork, Integrity, Excellence and Passion, our energetic and enthusiastic staff will strive even harder to serve you beyond your expectations. Q: What will be the impact of this rebranding on the position of Jubilee Life Insurance in the industry? A: We believe that living as a customer-centric brand is the way forward in the fast changing market place. For us, it is not just the change in name it is the way we approach our and your future. Financial robustness, faster growth and excellent customer services have been the hallmark of our operations. Our success is tied to how well we serve you in overcoming uncertainty through our products and services. The underlying philosophy of our new brand will help us in doing just that! Q: I still have some questions. What shall I do? A: Please call us on any of the given numbers or visit our nearest office. Our customer service representatives will be more than happy to answer any question that you may have.
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6 Jubilee Life Insurance Company Limited 74/1-A, Lalazar, M.T. Khan Road, Karachi-74000, Pakistan. Tel: (021) , Fax: (021) Website:
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