Jubilee, Daewoo join hands for insurance cover to passengers

Daewoo insurance

Lahore, The Gulf Observer: Jubilee Life Insurance and Daewoo Express are pleased to announce a partnership offering insurance covere to Daewoo passengers.

This insurance product is specifically designed to address the unforeseen risks associated with accidents during transit. Considering that insurance penetration in Pakistan is less than 1 per cent, this key collaboration aims to provide a sense of security and well-being to all Daewoo Express passengers. Once a ticket is issued, the insurance automatically comes into effect and remains valid throughout the passenger’s journey. The comprehensive benefits of the policy include coverage for accidental death, disability, and medical expenses.

Speaking on the occasion, Javed Ahmed, Managing Director and Chief Executive Officer, Jubilee Life Insurance said, “We are delighted to partner with Daewoo Express to introduce this innovative insurance policy for their passengers.

Through this collaboration, we aim to offer convenient and reliable insurance coverage to the passengers, ensuring their well-being during their travels across the country.”

Faisal Siddiqui, CEO – Daewoo Express, expressed his enthusiasm for the partnership, stating, “As a customer-centric organization, Daewoo has always strived to go beyond expectations in delivering superior services.

The signing ceremony took place in Lahore that brought together key representatives from Jubilee Life Insurance and Daewoo Express.