Eastern Federal Union, Multan, Pakistan

Industry: Insurance
Business Entity: Private Limited Company (Pvt. Ltd.)
Location: Multan, Punjab, Pakistan
Established In:
No. of Employees: -
  • About Eastern Federal Union

    EFU Eastern Federal Union Life assurance financial consultancy.

    EFU Life Assurance Ltd started operations in November 1992 as the first private sector life insurance company. In early 1993, EFU Life commenced its Group life insurance business and by March 1994, the company began writing its individual life business.

    Pioneers and industry leader in the Life Insurance Sector, EFU Life’s major developments during the years are;.

    Strongest Financial base in the private sector

    Highest paid up capital of Rs. 1 Billion

    One of the leading Asset Managers in Pakistan

    Diversified Portfolio offering Best Value Products

    Launched the First Window Family Takaful Operations under the brand name ‘Hemayah’

    Providing coverage to more than 2.5 million lives

    Launched the First Mobile app – EFU Life PlanIT

    The largest salesforce in the private life insurance sector

    State of the art customer service

    Prompt claim settlement

    First life insurance company in Pakistan to be awarded the ISO 9001:2008 certification

    “Insurer Financial Strength” rating of AA+, Outlook: Stable, by JCR-VIS, an affiliate of Japan Credit Rating agency

    The Company has a growing branch network of over 200 branches throughout the country. For Bancassurance, the Company has a relationship with over 16 major Banks for insurance products & 7 Banks for BancaTakaful offering various life insurance products. For Group Benefits, EFU Life has a marketing team which focuses on providing life insurance coverage to corporate entities and bank clients.

    EFU Life’s products are designed to meet the varying needs of EFU Life’s clients and offer the best in financial services.

    EFU Life is the pioneer in introducing the following products and features in Pakistan

    Unit-linked products

    Critical Illness Products

    Education Planning Product

    Inflation Protection Benefit

    Pension Plans

    Islamic Fund Products

© Copyright Mustakbil.com, 2004-2020. All rights reserved.