UBL presents Insurance Claim Cheques to Widows of deceased Security Guards

Karachi: As an employer, United Bank Limited (UBL) has always worked towards providing the best possible compensation and benefit packages to all its employees, whether permanent or contractual. In this regard, as an incentive scheme, UBL in collaboration with the State Life Insurance Corporation of Pakistan (SLICO) provides free life insurance to all the security guards the bank employs Pakistan-wide. This scheme provides benefits to all guards or their next of kin for on the job death or injury.

Under this scheme, recently UBL and SLICO presented death claim cheques to widows of three guards who lost their lives while on the job. An observance was held in their regard at the UBL Head-Office in Karachi, where insurance cheques were passed on to the respective widows of the deceased security guards. Mr. Aameer Karachiwalla, COO-UBL, Mr. Zia Ijaz, Group Executive-Retail Banking UBL, Mr. Abdul Jabbar Junejo, Group Head Customer Services UBL, Mr. Adnan Samiullah Khan, Zonal Head (G&P) State Life Insurance Karachi, Mr. Aijaz Yousuf Soomro, Manager Marketing (G&P)SLIC,  Mr. Mian Muhammad Arshad, Sales Manager (I.L) State Life Insurance, Mr. Shehzada Humayoon Sultan ( Oillinks Security),  Mr. Mufassir Atta Malik (Superior Security Guards) and Major (R) Iftikhar Alam (Pak Security) were among the executives present at the occasion.

Mr. Aameer Karachiwalla, Chief Operating Officer, UBL said at the occasion “UBL understands its responsibilities towards all persons under its employment. While it is a somber occasion, we are pleased that we have been able to fulfill our responsibilities towards the families of the deceased security guards. We hope our contribution will help the respective families, in some way, to stand back on their feet”.

Mr. Adnan Samiullah, Zonal Head (G&P) State Life Insurance commented “We are thankful to UBL for looking out for all the people who work for them. The bank is one of the first institutions in Pakistan, working with us in this project, that is providing financial benefit to the families of deceased contractual employees”.


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