Credit Life Insurance

Credit-linked life insurance product is offered to all loan clients of the FMFB-P.

Under this product, total outstanding liability of a client is paid by the insurance company to the FMFB-P, in case of the natural/accidental death or permanent disability of the client. Additionally, a small benefit is also given to the bereaved family to copy with the emotional and financial burden of losing a family member.

Eligibility Criteria:

  • Male and female individuals living in urban and rural areas
  • Maximum age up to 64 years
  • Valid CNIC

Insurance Companies:

  • Jubilee Life Insurance