KARACHI: HabibMetro Bank and EFU Life strengthened their partnership by taking the initiative to launch "COVID - 19 Cover" - a first-of-its-kind product that aims to provide a financial solution to HabibMetro customers who are financially and medically impacted during the ongoing pandemic.

A digital signing ceremony was conducted, where Mohsin Ali Nathani, President & CEO and Ahmed Shah Durrani, Head - Retail Banking at HabibMetro Bank, along with Taher G Sachak, CEO & MD and Mohammed Ali, CSO & ED at EFU Life, signed the product agreement at their respective premises.

The unique product, Covid-19 Cover, is a protection plan designed to cover the reimbursement of diagnostic test and daily hospitalization charges while also offering term life death benefit for individuals and families, with a premium starting from as low as PKR 1,400. Once launched, the plan will be available at HabibMetro Bank's branches across Pakistan.

Speaking on the occasion, Taher G Sachak, CEO & MD EFU Life said, 'Covid-19 Cover is carefully designed to address the financial needs of the masses and protect them medically against ongoing pandemic. The new addition of product is an affordable solution and a small step towards assuring the financial safety and peace of mind for the valuable customers of HabibMetro Bank.'

Mohsin Ali Nathani, President & CEO of HabibMetro Bank commented, 'We are pleased to cater to the need-of-the-hour and collaborate with EFU to offer the COVID - 19 Cover Protection Plan as a very relevant financial solution in a timely manner during the ongoing pandemic."-PR

Copyright Business Recorder, 2020