EFU Life and ORIX Leasing Pakistan Limited (OLP) have joined hands to provide depositors of OLP with accidental death and hospitalization insurance. This initiative was driven by OLP to provide a value added benefit at no additional cost to its loyal depositor's base. The amount of insurance benefit will vary according to the total deposited amount, with a maximum benefit of PKR 2 million. All OLP depositors between the ages of 18 to 65 will be automatically insured under this initiatve.
The agreement was signed by Mr. Taher G Sachak, MD & CEO EFU Life and Mr. Teizoon Kisat, CEO, OLP. Also present on the occasion were Mr. Zain Ibrahim, COO, EFU Life and Mr. Shahid Abbas, CFO, EFU Life, Mr. Hira Lal Bharvani, GM & Head of Treasury, OLP and Mr. Sarosh Khushbakht, Senior Manager, Treasury, OLP.