There are many Pakistanis that are vulnerable to economic shocks and therefore to ensure the next generation’s education is ongoing and secure. JazzCash has collaborated with Chubb Insurance Pakistan Ltd. to come up with an innovative insurance product called Child Education Plan, to secure a child’s education in the case of an unfortunate event leading to disability or accidental death.
Chub Insurance for an affordable annual premium of only PKR 399 will provide children of the policy-holder educational coverage of up to PKR 400,000, for one year from the day of policy subscription. JazzCash mobile account customers will be able to subscribe for the Child Education Plan by simply dialing a number from their handset.
Aamer Ejaz, Chief Digital and MFS officer Jazz speaking on the occasion said, “JazzCash looks to offer innovative products and services to not only promote usage of mobile financial services, but to offer greater convenience in times of dire need.”
“This collaboration with Jazz to provide JazzCash customers with an innovative insurance product is part of our commitment to supporting efforts around digital transformation and providing customers with peace of mind,” said Barry M Johnson, Regional Director, Accident and Health Development, Chubb Eurasia and Africa.