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 PREMIUM PAYMENT & RECEIPT
Renewal Notices for policies renewable annually or semi-annually are sent through Courier about 6 weeks in advance to provide ample time for premium payment by Due Dates.
   
Crossed Cheque / Demand Draft / Pay Order favoring “New Jubilee Life Insurance Company Limited” is the preferred mode of premium payments.
   
 
You may send the premium cheque directly to:
Client Services Department, New Jubilee Life Insurance Company Limited, 74 / 1 – A, Lalazar, M. T. Khan Road, Karachi – 74000, Pakistan
  OR
You may send the premium cheque to the Branch / Unit Office (also mentioned in the Renewal Letter) providing you services under the Policy.
  OR
You may ask your Service Person (mentioned at the right bottom corner of the Renewal Letter) to collect the premium cheque from you in person. Please do obtain a provisional receipt for the payment made by you.
   
Cash or Credit Card premium payments must be made directly by you at our Branch / Unit Office. Please do obtain a provisional receipt for the payment tendered.
   
Premium amounts of Rs50,000/= or more must be paid through crossed Cheque / Demand Draft / Pay Order favoring “New Jubilee Life Insurance Company Limited”.
   
If premium is paid by the due date, the Policy would be renewed on the due date and about a week later the Renewal Acknowledgement Letter, Final Receipt and Policy’s Unit Report (for Unit-Linked policies only) would be sent to you through courier.
   
 
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