Group Term Insurance Scheme Product subscription / features Group Term Insurance Plan provides life insurance coverage to the member of a group, such as the employees of an employer. The amount of coverage of each member is determined with reference to either his designation or salary or employment category or some other similar variable. What…

Mortgage Protection by Single Premium (Table-23) Why State Life State Life offers complete satisfaction to our valued policyholders from issuance of policy, providing after sales service and optimizing return on Life Fund through a quality culture and to maintain ourselves leading life insurer in Pakistan. The sum assured and declared bonuses payable on maturity or…

Immediate Annuity Certain (Table-29) Why State Life State Life offers complete satisfaction to our valued policyholders from issuance of policy, providing after sales service and optimizing return on Life Fund through a quality culture and to maintain ourselves leading life insurer in Pakistan. The sum assured and declared bonuses payable on maturity or death (God…

Anticipated Endowment This is a modified form of endowment assurance and is also called ‘Three Payment Plan’. Besides fulfilling the long-term financial needs, it also helps in meeting the short-term financial exigencies. As the name suggests, the plan offers three payments throughout term of the policy. The plan offers survival benefits equal to 25% of…

Sada Bahar Plan (Table-74) The Sadabahar Plan is an anticipated endowment type with-profit life insurance policy offered by State Life Insurance Corporation (assuming this information is from State Life Insurance Corporation). It is designed to provide a lump sum benefit at certain stages during the premium-paying term or in the event of the policyholder’s earlier…

Why State Life? State Life offers complete satisfaction to our valued policyholders from issuance of policy, providing after sales service and optimizing return on Life Fund through a quality culture and to maintain ourselves leading life insurer in Pakistan. The sum assured and declared bonuses payable on maturity or death (God Forbid) are guaranteed by…