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State Life Insurance Corporation of Pakistan

State Life Insurance Corporation of Pakistan. Our Culture & Responsibilities. Old Scenario. One Head of a Large Family. All Earning Members Deposit their income with the Head of Family thus creating a Pool. Old Scenario. One Head of a Large Family.

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State Life Insurance Corporation of Pakistan

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  1. State LifeInsurance Corporation of Pakistan

  2. Our Culture & Responsibilities

  3. Old Scenario One Head of a Large Family All Earning Members Deposit their income with the Head of Family thus creating a Pool

  4. Old Scenario One Head of a Large Family He was the decision maker and caretaker of the whole family

  5. Old Scenario One Head of a Large Family As a Head of family having huge property in his name. keeps strong hold of family matters

  6. Old Scenario One Head of a Large Family Every one had to obey his decisions

  7. Old Scenario One Head of a Large Family He Managed during Thick & Thin

  8. Old Scenario Often Marriages of children were decided within the Family

  9. Old Scenario Due to Joint Family System Cost of Living was relatively very low

  10. Old Scenario There was one common kitchen with less expenses.

  11. Old Scenario Cost of Education was low as children were studying in common schools

  12. Old Scenario There were no luxury expenses due to simple living standards

  13. Present Scenario Large Joint Families are Splitted into small single units

  14. Present Scenario • Mostly there is only one earning member in the family. • He is struggling hard to maintain standard of living.

  15. Present Scenario Cost of living is very high

  16. Present Scenario Cost of education hasincreased manifold

  17. Present Scenario Things used to be considered as luxuries are now necessities of life

  18. Present Scenario Due to all these factors, the Saving is nearly eliminated

  19. Death A Bitter Fact of Life SAKOON KAHEEN BHI MAISSAR NAHEEN HAY INSAN KO JANAZAY WALAY BHI SHANAY BADALTAY REHTAY HAIN

  20. If a person dies having no liability His death is called Physical Death

  21. If a person dies with liabilities His death is called Economical Death Which is most Dangerous for his family since he was the breadwinner.

  22. Higher Education for Children Assets Building Blocks of the Family Life Practically we can present these facts of life Repayment of Loan Daughters Marriage Clothing Old Age Livelihood Health & Medicine Food Shelter EARNING CAPABILITY Head Of Family

  23. Higher Education for Children Assets Repayment of Loan Daughters Marriage Clothing Health & Medicine Old Age Livelihood Food Shelter EARNING CAPABILITY Head Of Family With out this

  24. Higher Education Assets Retirement Children’s Marriage Basic Education Health & Medicine Clothing Shelter Food

  25. Higher Education Assets Children’s Marriage Retirement Clothing Basic Education Health & Medicine Food Shelter EARNING CAPABILITY With out this Head Of Family

  26. Higher Education Assets Children’s Marriage Retirement Basic Education Health & Medicine Clothing Head of Family Shelter Food

  27. Care Taker Every one needs strong care taker who could maintain his future plans for his family even in his absence.

  28. Higher Education Assets Children’s Marriage Retirement Clothing Basic Education Health & Medicine Food Shelter EARNING CAPABILITY Insurer Head Of Family

  29. Higher Education Assets Children’s Marriage Retirement Clothing Basic Education Health & Medicine Food Shelter Insurer

  30. WhyLife Insuranceis the only substituteto meet the Future Financial Needs ?

  31. Because It Provide’s!

  32. Risk Coverage & Compulsory Saving for Future Needs

  33. Saving for Old Age Livelihood One Ordinary father can support four children, but it takes four extra-ordinary children to support one father!

  34. Cash LoanIn case of Emergency Needs

  35. Saving for Higher Educationof Children

  36. Saving for MarriageOfDaughters

  37. Availability of Funds For Family in case of Loss of income due to Sudden death of Breadwinner.

  38. Life Insurance is not the substitute of life but it is certainly a replacement of lost income.

  39. Solution of Problem State Life offers Wide Range of Plans & Supplementary Contracts

  40. Through WhichYour Family Can GetNot Only The Amount You Have Saved So FarBut Also That Amount WhichYou Want To Save

  41. Endowment Plan • To Provide Financial Assistance for: • Establishment or Expansion of Business • Children’s Marriage • Loan Repayment • Hajj or Umrah • Construction of House

  42. Shad Abad Plan • This plan will meet the requirements of those who would like some additional cover to protect their loved ones.

  43. Jeevan Sathi Plan • This plan simultaneously covers the risk on the life of both Husband & Wife • “Or” • Two Business Partners to avoid financial losses of the business due to death of one partner.

  44. Three Payment Plan • This plan provides option for predetermined, periodic withdrawals during the currency of policy.

  45. Child Education & Marriage Plan Child Education and Marriage Plan provides a viable solution, ensuring Future Financial Protection of the Children

  46. Child Protection Plan Father and Child, both are covered under this plan

  47. Whole Life Plan This plan provides the policyholder and his/her family with maximum protection at a minimum cost.

  48. Monthly Family Budget Just allocate a small portion of your budget for your Future. The proportion depends on your future needs. 10%

  49. A Small Allocation Of Funds For Insurance Will Give You A Huge Protection And Piece Of Mind.

  50. Our Future is…. Our happy Family.

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