State Life Partners with JS Bank to Expand Insurance Access Across Pakistan

State Life Insurance Corporation of Pakistan – Official (SLIC), the country’s largest life and health insurer, has entered a strategic partnership with JS Bank to provide insurance products under a bancassurance model. This collaboration merges the reach and credibility of a major public insurer with the agility of a fast-growing private bank, enabling customers to access insurance services directly through JS Bank’s nationwide network.

The partnership aims to simplify how individuals and families secure their financial futures, integrating insurance into everyday banking. At the signing ceremony in Karachi, SLIC Executive Director Shahid Iqbal Baloch emphasized the joint mission of financial inclusion and resilience. Atif Malik, JS Bank’s COO, echoed the sentiment, highlighting the importance of financial protection as part of holistic financial wellness.

By combining SLIC’s legacy and product expertise with JS Bank’s modern banking platform, the collaboration promises to deliver accessible, integrated financial solutions—supporting savings, security, and economic stability for communities across Pakistan.