New Jubilee Life Insurance Company Limited (NJI Life) is a subsidiary of the Aga Khan Fund for Economic Development (AKFED), Switzerland. It was incorporated in Pakistan on 29 June 1995 as a Public Limited Company under the Companies Ordinance 1984. Its share are quoted on the Karachi Stock Exchange. The Company started its business on 20 June 1996. Paid Up Capital of the Company is Rs. 627 million, which is the highest amongst public insurance companies in Pakistan.

NJI Life enjoys competitive edge over the players in the market because of the highest paid-up capital amongst public listed companies in Pakistan, highest ratio of customer loyalty among all life insurance companies, uniquely designed plans for each individual customer, complete range of products for individual and corporate customers and backing of world\'s largest reinsurance companies.


NJI Lifes Vision is to be the best managed insurance company in Pakistan while its Mission is to assure financial security, create awareness and achieve excellence in all aspects of life insurance business creating value for all the stakeholders. Its Core Values include Ethical and Legal Behavior, Customer Focus, Profitability & Cost Consciousness, Employee Development, Teamwork, Positive Attitude, Continuous Improvement, Innovation, Speed & Responsiveness.


NJI Life is engaged both in individual life insurance and corporate insurance business. Individual life insurance business is procured through two channels, i.e. through Company�s own enthusiastic Branch Operations and through alternative distribution channels such as Bancassurance. NJI Life is proud to be the pioneer of Bancassurance in Pakistan. NJI Life is also the pioneer of many credit life insurance schemes prevalent in Pakistan.


Within a decade, NJI Life has been able to make over 35,000 individual customers and over 650 corporate customers covering over 500,000 lives in total.


NJI Lifes presence in Pakistan is virtually in every major city with multiple branches at many locations. The network of branches and sub-offices is located at Bahawalpur, Badin, Faisalabad, Ghotki, Gujranwala, Gujrat, Hyderabad, Islamabad, Jaccobabad, Jhelum, Karachi, Khairpur, Kotli, Lahore, Larkana, Mirpur Azad Kashmir, Mirpurkhas, Multan, Muzaffarabad (AJK), Murdan, Naushahro Feroze, Peshawar, Quetta, Rahim Yar Khan, Rawalpindi, Sialkot, Sukkur, Sargodha, Tando Adam. The Company is continuously expanding its operations to new locations.