The largest and most prestigious life and health insurance company in the country, State Life Insurance Corporation of Pakistan (SLIC), has partnered with Oraan, a trailblazing fintech startup dedicated to improving financial inclusion and security.
This partnership intends to provide Sinf-e-Aahan, a ground-breaking cancer protection plan. This collaboration is particularly designed for women and offers critical financial safety in the event of a cancer diagnosis.
The World Health Organization (WHO) reports that each year, more than 90,000 Pakistani women receive cancer diagnoses. Due to ignorance and lack of financial support, more than half (50%) of women who are diagnosed with cancer pass away from the condition.
There has never been a more pressing demand for affordable and high-quality healthcare solutions. The high cost of treatment, especially in developing nations like Pakistan, remains a concern. Despite the fact that medical discoveries have made significant improvements in cancer prevention and therapy. This is because of worldwide inflation.
In order to solve this issue, the Sinf-e-Aahan Cancer Protection Plan (SACP) offers cashless health insurance services. Specifically designed for women’s health for as little as a Rs. 200 premium for coverage up to Rs. 200,000. SLIC’s 3-tier gate keep facilities and cutting-edge health data management system provide prompt medical assistance during critical moments. Even with a choice of over 1200 empanelled institutions across Pakistan.
Halima Iqbal, CEO of Oraan, said, “We are excited about our relationship with State Life Pakistan in the launch of this crucial Cancer Protection Plan.”
“At Oraan, we are dedicated to promoting financial security and empowerment, and this partnership perfectly embodies our mission,” she continued. “We aim to have a significant influence on women’s lives by providing affordable protection against the financial setbacks brought on by health issues.”
Speaking about the collaboration, Shoaib Javed Hussain, CEO of SLIC, said: “The SACP brings us one step closer to our goal of providing Pakistani women with the finest health protection. Women’s cancer rates in Pakistan are among the highest in South Asia.”
He further said, “The mission of Sinf-e-Aahan is to provide financial and physical security for Pakistani women. Our collaboration with Oraan will make it possible for women who have been given the diagnosis of cancer to receive the necessary care without worrying about the cost.”
In this historic alliance, Oraan’s commitment to promoting financial inclusion and SLIC’s history of preserving lives are brought together. By pooling their knowledge and resources, Oraan and SLIC hope to give women all throughout the country. A financial safety net against the difficulties brought on by cancer.
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