SLIC, FFC to introduce a microinsurance program

ISLAMABAD: In a landmark move to transform Pakistan’s agricultural landscape, the State Life Insurance Corporation of Pakistan (SLIC) and Fauji Fertilizer Company (FFC) have joined hands to introduce a ground-breaking microinsurance program.

This initiative aims to provide essential financial protection to Pakistan’s farmers while nurturing sustainable growth in the agricultural sector.The event was attended by prominent dignitaries including Lt Gen (R) Anwar Ali Hyder, Chairman of the Board of FFC, Mr. Shoaib Javed Hussain, CEO of SLIC; and Mr. Jahangir Piracha, Managing Director and CEO of FFC, along with senior representatives from both organizations.

“Through this collaboration, Sona Center farmers will automatically be enrolled in a one-year accidental death and disability insurance protection with coverage of up to PKR 1 Million at no additional cost,” stated Shoaib Javed Hussain, CEO of SLIC. “Facilitated by SLIC, this initiative ensures immediate financial security for farmers and their families, making agri insurance more accessible at the grassroots level and bringing us closer to strengthening agricultural resilience and empowering communities.”