State Life Insurance, JazzCash Collaborate to Digitize Payment Collection

This strategic partnership will enable State Life to provide a digitized collection of Premium & Policy Loans to its customers.

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State Life Insurance, Pakistan’s Largest Life & Health Insurer has partnered with JazzCash, Pakistan’s leading Fintech, to give decoration collection services to State Life guests directly via mobile holdalls

Agreement inked by Mr. Shoaib Javed Hussain Chairman State Life &Mr. Murtaza Ali, Chief Operating Officer, JazzCash.

Chief Operating Officer at JazzCash, Murtaza Ali and Chairman State Life Insurance, Shoaib Javed Hussain at the signing ceremony of their joint venture to digitise State Life Insurance's payment collection.

This strategic cooperation will enable State Life to give a digitized collection of Premium & Policy Loan to its guests, as well as payment of digital insurance Policy, through the JazzCash app. also, State Life plans to launch the State Life mini-program within the JazzCash app, which will offer products like Health Insurance, Takaful, Individual life, and Group Policy to JazzCash guests. The cooperation also entails setting up a working group to concertedly produce insurance products provisioned simply to the JazzCash member.

Speaking at the signing form, Mr. Shoaib Javed Hussain, Chairman of State Life Insurance, said, “ State Life served the country for once 50 times to make the heritage of trust & Protection, we’re doing in a way to digitize services for policyholders, the handshake with JazzCash further to enhance relation with guests bringing ease of payment by increased security, convenience & digital defensive products. ”

Murtaza Ali, Chief Operating Officer, JazzCash said, “ moment’s advertisement is another step forward in JazzCash’s vision of digitizing the payment mode in Pakistan. As the largest mobile portmanteau in the country, we suppose it is our top duty to help the shift to a cashless frugality. This strategic cooperation will also allow16.1 million Yearly Active JazzCash druggies to perform digital payments for State Life’s services in a more secure and accessible manner. ”

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