Jubilee Life, Pakistan's leading life insurance provider has launched a breakthrough product which in addition to being a regular life insurance plan is also a savings plan that provides additional financial support and cover for the treatment of major and minor heart procedures. This is the first time ever that a life insurance provider has a product of this kind.
Cardiovascular disease is one of the most common causes for deaths all around the world. More than 17.3 million deaths occur globally due to various heart diseases and it is mainly because of the lack of proper medical care. In Pakistan, heart diseases cause 30 to 40 percent of all deaths - with the annual death count up to 200,000 now. More than 60 percent of the total population of Pakistan is less than 25 years of age which means that the effects of cardio diseases are likely to exponentially increase as that group ages over the next 10-15 years. In order to combat the disease, Jubilee Life has introduced Cardiac Savings Plan so people who suffer from heart related illnesses can avail quality cardiac treatment without compromising on the quality due to financial constraints.
"The product comes with a unique and exclusive Built-In Cardiac Financial Assistance Benefit which provides coverage of up to Rs 1 million for covering various major and minor heart procedures," said Javed Ahmed, Managing Director & CEO of Jubilee Life. "We believe every citizen of Pakistan deserves quality cardiac care and we want to become primary facilitators with our unique product. Now more people will be able to afford better quality treatment with the introduction of our Cardiac Savings Plan through its coverage."-PR