In a major step toward expanding financial protection in Pakistan, State Life Insurance Corporation of Pakistan (SLIC) has partnered with JS Bank under a bancassurance model. This strategic alliance brings together Pakistan’s largest public sector insurer with one of the fastest-growing private banks, creating new opportunities for individuals and families to access life and health insurance across the country.
Through JS Bank’s extensive branch network, customers will now be able to conveniently obtain insurance plans offered by State Life—enhancing their financial security and long-term planning. This collaboration is designed to merge the strength of public-sector experience with private-sector innovation, making insurance more accessible and inclusive for all.
At the signing ceremony in Karachi, SLIC Executive Director Shahid Iqbal Baloch emphasized that the partnership represents a shared vision for financial resilience and inclusion. Atif Malik, COO of JS Bank, echoed this sentiment, stating that insurance is an essential pillar of financial wellness, and that JS Bank is proud to offer this new value to its customers.
By bridging traditional insurance with modern banking platforms, the State Life and JS Bank partnership reflects a future-forward commitment to integrated financial solutions—encompassing savings, protection, and accessibility for the underserved and broader population alike.
