Jubilee Life Insurance Jubilee Life Insurance Company , commonly known as Jubilee Life , is a Pakistani life insurance company which is a subsidiary of Swiss for-profit organization Aga Khan Fund for Economic Development . It is based in Karachi, Pakistan .profitable among private insurance companies in Pakistan .History The company was founded in 1995 as Commercial Union Life Assurance Company.Jubilee Insurance to Jubilee Life Insurance.entered Takaful insurance market in Pakistan.July 29 , 2020, Jubilee Life was awarded the prestigious Effie Award in the Insurance Category. This is the first time any insurance company has won the award in this category.
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