United Bank Limited Insurance (UBL)

United bank Limited Insurance

United Bank Limited is one of Pakistan’s largest private banks with a thoroughly established banking chain with over 1,300 branches and assets of over PKR 1 trillion.UBL, with the teamwork of Jubilee Life Insurance brings only create products that supply to the protection, savings and investment needs of UBL customers.

ubl-bank

UBL Insurers Limited is a combined company of UNITED BANK Limited. It is together purchased by United Bank Limited and the Banks sponsors, the Abu Dhabi Group, and Bestway Group. UBL Insurers has been approved to do the general insurance business in Pakistan with effect from 5th January 2007. It is registered as a sure with the Securities and Exchange office of Pakistan. UBL Insurers Limited has an insurance association with the Insurance Association of Pakistan (IAP).

UBL Insurers seeks to bring banking and Insurance together in offering broad financial solutions, to better serve the existing customers of UBL as well as to bring in new business. The company has repeated the select of top of the line experienced bakers to provide a solid operational framework to the company.

Mission Of UBL Insurance

The mission of the company is to become a well know general insurer of the country by providing faithful service to customers. This will be polished by observe the customer needs and providing unique products and services cases within the optimum time frame.

The Company has provided a gross choice of Rs. 1,115 million during 2014 and has been assigned “A+”. The Company has full-fledged branches in Karachi, Lahore, Multan, Faisalabad, Islamabad, Hyderabad, Bahawalpur and is providing alone services to its clients in these areas. Besides the Company also has a sub-office in Peshawar.

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Every member of the UBL Insurers Limited team is driven by the core principles of honesty, teamwork, and mutual trust, and each of them is committed to create an environment that express the following values:

Service, Integrity, Collaboration, Respect and Protection

Free Insurance Coverage

Your Bank now provides you FREE Accidental Death and Permanent Disability Coverage of up to Rs.2,500,000/- in teamwork with UBL Insurers.All current and new UBL PKR and Foreign currency Current Account Holders (including Basic Banking Accounts-BBA) are automatically eligible for this scheme from December 1, 2008. All eligible account holders can also visit their branch for an official policy certificate from UBL Insurers.

This scheme is testament of our continuing commitment towards our customers and is adjust with our tradition of providing new and unmatched services to our account holders.For more details, please call us at 111-825-888 or visit your branch manager for details.

Other additional benefits:

Double Indemnity: If the account holder dies in any road, sea, or air accident together with her man then the amount payable will be 1.5 times the sum insured.

Emergency Medical Transportation to move the insured who has a critical medical condition due to an accident, to the nearest hospital where appropriate care and facilities are available. (The actual amount of Emergency Medical Transportation OR Rs. 10,000/- whichever is less).

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Local Burial or Repatriation: In the event of accidental death, expenses incurred for repatriation and transportation of the mortal remains of the insured person from the place of death to home or preparation and local burial of the mortal remains of the insured person. (The actual amount of local burial/repatriation expenses OR Rs. 10,000/- whichever is less).

Adamjee Life Insurance Plan

UBL Omni on behalf of “Adamjee” Life brings to you “Adamjee Life Insurance Plan”, a unique Life insurance plan, designed to ensure the security of UBL Omni customers and their families & to provide a safety net in the crisis of breadwinner’s unfortunate demise. The coverage amount is paid to the beneficiary (remittance receiver) in case of any mishap. So hurry & subscribe now!

  • Features
  • Coverage Type
  • Life Coverage for Accidental and Natural death
  • Terrorism protection
  • Complete coverage during riots & strikes

UBL Health Insurance

United Bank Limited December 28, 2010, Insurers Limited has entered into an important partnership to sell Health Insurance under UBL existing ambit of UBL Better Life Plans. This new action will be called UBL Better Life Health Plans having a wide range of retail health insurance products at affordable prices. These plans are also being supported by Asia Care Health & Life Insurance Company Ltd, where Asia Care will be the claims manager and the customer service, provider.

The agreement was signed by Mr. Shahpur Ahmad, Head General Banking  UBL, and Mr. Najib Nasir Syed Chief Operating Officer UIL at a simple ceremony at the registered office of UBL Insurers Limited in Karachi. Also present on the occasion were Mr. Shariq Abdullah, CEO UBL Insurers, Mr. Aameer Karachiwalla, Group Executive Retail Bank UBL, Mr. Najeeb Agrawalla, Group Head Marketing UBL, Mr. Syed Javed, Group Head Customer Services UBL and Mr. Ali Hasnain, GM UBL, along with other team members of both organizations.

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Home Insurance
UBL Insurers Limited with the introduction of its Home Muhafiz Plan has put together a set of tailor-made covers to fulfill all its customer’s needs. Offering the right solution for all the problems of the time, the right mix of covers, and an affordable cost are the trademark of this policy.

The Plan covers the following:
Building

Contents

Jewelry and Cash

Loss of Rent

 

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Tassadaq Ali Editor at Bankingpk
I am Tassadaq Ali: A Seasoned banking specialist skilled in all banking Blogging and information. Always elevating bankingpk.com with expertise in business and finance insights. Explore now for top-notch advice on rest days.