EFU Life
Encyclopedia
EFU Life Assurance Ltd. is a life insurance
company based in Pakistan
. It is the largest private sector life insurance company in Pakistan.
By gross written premium, EFU Life has a market share of more than 58%of private sector.
As of 2010 EFU Managed Growth Fund, the company's unit-linked fund
, exceeded Rs
20 billion
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...
company based in Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
. It is the largest private sector life insurance company in Pakistan.
By gross written premium, EFU Life has a market share of more than 58%of private sector.
As of 2010 EFU Managed Growth Fund, the company's unit-linked fund
Unitised insurance fund
Unitised insurance funds or unit-linked insurance funds are a form of collective investment offered through life assurance policies.An insurance company's contract may offer a choice of unit-linked funds to invest in. Insurers that offer these contracts are mainly found in the UK and British Isles...
, exceeded Rs
Rupee
The rupee is the common name for the monetary unit of account in India, Sri Lanka, Nepal, Pakistan, Mauritius, Seychelles, Maldives, and formerly in Burma, and Afghanistan. Historically, the first currency called "rupee" was introduced in the 16th century...
20 billion
External links
- http://www.efulife.com/
- http://www.directpk.com/business/6549
- http://www.mustakbil.com/company/1164/