About IGI Life
IGI life carries a dream and mission that is to guarantee a financial future for a better tomorrow for its customer and IGI Life aims to deliver inventive life and health insurance as well as investment plans through groundbreaking innovations and by providing exemplary customer services, leveraging different circulation channels and mediums.
IGI Life Insurance Limited created the entry of IGI Holdings (part of Packages Group) into the Life Insurance field through the procurement of controlling shares in American Life Insurance Company (Pakistan) Limited in April 2014. Getting hold of by Packages Group makes IGI Life one of a kind life insurance company in Pakistan as IGI Life’s transnational heritage is now combined with the experience of Packages group which is one of the most respected business corporations having several joint endeavors with leading international brands in the FMCG, Pharmaceutical and Packaging sectors.
IGI Life’s existing product portfolio includes Life Insurance plans, Accident & Health Insurance, and Employee Assistance Plans. IGI Life is also amongst the first few providers in the industry who initiated Family Takaful business in 2015 under Window Takaful Operations permitting the Company to offer Shari’ah-compliant plans for its customers. Believing in clarity, honesty, and observance to high ethical standards, IGI Life endures to provide customers and big business with life insurance, accident and health insurance, retirement solutions and helps them in planning it, IGI Life also provides family takaful, and wealth management resolutions.
IGI Life pledges to the customers to provide the best insurance plans in Pakistan. Thus it continues to attain success through a complete guarantee to customer satisfaction, a highly professional approach towards judicious underwriting, and sound management practices. IGI Life strives to provide value for customers and investors as IGI Life believes in a long-term relationship with its consumers built on strong foundations.
Status of IGI Life
IGI Life Insurance Limited (“the Company”) was assimilated in Pakistan on October 9, 1994, as a public limited company under the Companies Ordinance, 1984. Its shares are cited on the Pakistan Stock Exchange Limited (formerly Karachi Stock Exchange Limited). The Company began its operations on May 25, 1995, after the registration with the Controller of Insurance on April 30, 1995.
The registered office of the Company is situated on 7th Floor, The Forum, Suite No. 701-713, G-20, Block 9, Khayaban-e-Jami, Clifton, Karachi which is also the principal office of the Company.
Following the Takaful Guidelines, 2012 issued by SECP the conventional life insurance companies were allowed to begin Window Takaful Operations. IGI Life has been amongst the forerunners to embark upon the Family Takaful endeavor. IGI Life believes that this enterprise will help in educating the masses and increasing the acceptability of financial security among society particularly in sectors that have hesitations about conventional insurance plans. Under the IGI Life Window Takaful Operations License, groundbreaking family takaful plans are available for IGI Life customers which are 100 % Shari’ah compliant. List of all the plans available through our Window takaful operations include
- Family Takaful
- Group Family and Health Takaful
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