State Life Insurance Corporation Pakistan

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Children Education and Marriage PlanChild Education & Marriage Assurance is a plan for the protection of child's future....
25/02/2012

Children Education and Marriage Plan

Child Education & Marriage Assurance is a plan for the protection of child's future. It provides a lump sum benefit for the child at the completion of the policy term. On completion of term of the policy, full sum insured together with the accrued bonuses become payable to the policyholder.

If the policyholder dies (Allah forbid) b...efore completion of the term, a family income benefit of Rs 240 per 1000 sum insured per annum is paid to the child until the completion of policy term. Further, future premiums under the policy are waived and policy remains in force with full sum insured and continues to participate in State Life's surplus and receive bonuses. Upon the completion of policy term, the child gets two options of either getting the proceeds in a lump sum or in five equal installments

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0092-322-263501
Aamir Memon

25/02/2012

Children Education and Marriage Plan

Child Education & Marriage Assurance is a plan for the protection of child's future. It provides a lump sum benefit for the child at the completion of the policy term. On completion of term of the policy, full sum insured together with the accrued bonuses become payable to the policyholder.

If the policyholder dies (Allah forbid) before completion of the term, a family income benefit of Rs 240 per 1000 sum insured per annum is paid to the child until the completion of policy term. Further, future premiums under the policy are waived and policy remains in force with full sum insured and continues to participate in State Life's surplus and receive bonuses. Upon the completion of policy term, the child gets two options of either getting the proceeds in a lump sum or in five equal installments

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0092-322-2635013
Aamir Memon

25/02/2012

Jeevan Sathi

This is a joint life plan and covers lives of two partners say husband and wife simultaneously. Premiums are payable till the end of the specified term or till death of either of the insured persons, if earlier. The plan contains extensive benefits; an overview of which appears as under:
On the death of the first life, the sum insured will be paid to the survivor. Furthe...r premiums under the policy will be waived, but the insurance protection of the second life will continue. Also, the policy will continue to participate in profits of the Corporation. On death of the second life, again the sum insured will be paid together with the attaching bonuses. In this event the policy will terminate.
If the second life survives the term of the policy, he or she will be paid sum insured together with the attached bonuses, even though the sum insured has been paid once, on the death of the first life. If both the lives survive the term of the policy, the sum insured will be paid to them jointly, only once, together with the attached bonuses. Different supplementary covers are also available for increasing coverage under the policy.
Jeevan Sathi Plan is best suited for those married couples who want to enjoy insurance coverage for a comparatively lesser premium. Moreover, housewives who are otherwise not insurable can also enjoy the benefits of insurance policy through this plan.

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0092-322-2635013
Aamir Memon

Provident Fund Life Insurance PolicyDescription The main cause of Provident Fund is to provide the financial help t...
25/02/2012

Provident Fund Life Insurance Policy
Description

The main cause of Provident Fund is to provide the financial help to the employees after their retirement from the minimum deduction of his salary every month. But if the employee died before his retirement it will not provide the required financial help to the nominees and they get a very little amount as compare to the amount, which he planed to save for his family. To cover this financial loss due to the death of the employee we are offering our services through our new plan of insurance, which will provide a reasonable cover to the heirs of a deceased employee of your company and also gives a better return at the time of maturity of the policy or on the retirement of the employee.

Rules
The Life Insurance against provident fund is permitted in the Provident Fund Rule 103 H of the Income Tax Ordinance 2000 at the discretion of the employee.
Maturity Benefit

This policy is mostly issued for 20 years term but can be enchased at the time of retirement if the retirement arises before maturity of the policy. The benefit of the policy may be different in various cases but in 20 years the policy pays approximately more then 3.5 times of the sum assured.

Coverage

The employee will get the benefits of the death coverage as noted below,

•An amount equal to the sum assured.
•Accidental death benefits equal to the Sum Assured (Max 40,00,000).
•Family income 15% of the Sum Assured annually up to the Maturity of the policy.
•An additional increase in FIB by 25% on FIB taken in the policy, if the policyholder qualifies for healthy life style.
•
The bonus es announced by State Life Insurance Corporation on yearly basis.
Important

1.The employer doesn't bother for any cost of premium. It pays from the employee's contribution.
2.The premium may link to the yearly profit of the provident fund in the individual account to save the original deducted amount of the employee in the Provident fund account.
3.The employee can take a policy without investing money from his pocket.
4.This scheme reinvests the profit amount in Life Insurance Policy so the employee can get more benefit out of it in one year.
5.If any employee changes his/her job frequently then his/her Provident Fund loses every time when he changes his/her organization but if the policy has taken this investment cannot be destroyed. It may continue from one to another organization from PF deduction.
6.A very little percentage of amount of the total provident fund utilizes in this scheme and get the biggest coverage to the PF account , the other bigger portion of PF amount remains invest as usual. So the real cost of this scheme is near to nothing.
7.In some organizations the annual profit percentage on Provident fund is blow the State Life Policy profit so in that case the employee get better return of profit with huge Risk Cover by taking this policy on Provident fund account.

25/02/2012

Endowment Life Insurance Plan 03

It's a safest and surest method of guaranteed cash provision either at a specified time or at death (Allah forbid). Under these policies, the sum insured plus bonus es are payable at the end of the specified number of years or at death of the life insured if earlier. Premiums are payable for the specified number of years or till death, if earlier. The benefits under the plan can be further increased by attaching supplementary covers.

The plan serves the requirements of a family in various shapes by way of financial help at retirement, education of children or provision of capital for business. Due to this privilege this plan is mostly use in Provident Fund Life Insurance and Salary Saving Plan s for the employees of any organization.

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0322-2635013
Aamir Memon

Contact me at following E-mail or Cell.E-mail: raja1544@yahoo.comCell #: 0092-322-2635013Aamir Memon
21/02/2012

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0092-322-2635013
Aamir Memon

21/02/2012

Anyone interested in getting life insurance from STATE LIFE INSURANCE CORPORATION Pakistan. I have 36 very attractive savings, investments and protections plans for you and your whole family. State Life ensures higher profit rates on your savings besides good risk coverage in case of any untoward incident. We also provide 90% of Sum Asured loan facility to you. Fell free to contact with me without any cost.

Contact me at following E-mail or Cell.
E-mail: [email protected]
Cell #: 0092-322-2635013
Aamir Memon

Address

Karachi
75530

Website

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