Credit Life Insurance
Credit-linked life insurance product is offered to all loan clients of the FMFB-P.
Under this product, total outstanding liability of a client is paid by the insurance company to the FMFB-P, in case of the natural/accidental death or permanent disability of the client. Additionally, a small benefit is also given to the bereaved family to copy with the emotional and financial burden of losing a family member.
- Male and female individuals living in urban and rural areas
- Maximum age up to 64 years
- Valid CNIC
- Jubilee Life Insurance