sisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan Life Plans In English Individual Life Plans 1:Whole Life Assurance: It is a unique combination of protection and savings at a very economical premium. Death at any time before age 85 years terminates payment of premiums and the sum insured and attached bonuses become payable. In the event the insured survives to the policy anniversary at age 85 years, the policy matures and the sum insured plus bonuses become payable. Under this plan the rates of bonuses are usually much higher than the other plans and they help in increasing not only protection but also the investment element of the policy substantially. Click here for supplementary covers which can be attached with this plan. This plan is best suited for youngsters who have at initial stages of their careers and cannot afford to pay high premiums. Individuals who anticipate requirement of a lump sum in far future can also opt this plan. Click here for calculation of premium on your life under this plan. 2:ENDOWMENT ASSURANCE: {http:/3.bp.blogspot.com/-S3Xp-4khuqO/UlgeTJBHDVAAAAAAAAAUIAIO- pKaewi24/s1600/ENDOWMENT+ASSURANCE jpg) Eligible ages:- Minimum Age: 10 years Maximum Age: 65 years Age (Maximum) on Maturity: Age 75 years. Allowable Riders: Click here for supplementary covers which can be attached with this plan. 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 bonuses 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. This policy will acquire a surrender value after it has been inforce for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by State Life on request of the policyholder. 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. Click here for calculation of premium on your life under this plan. hpipakstatelte.blogspot.comipibiog-page.nim! anesisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan 3:Sadabahar Plan: [nttp:/2.pp.blogspot.com/- 2Vg8XrkoKsY/UlgoUWR7S2/AAAAAAAAA,Jk/RAVZDjQLxPg/s1600/Sadabahar+Plan gif] ‘Sadabahar is an anticipated endowment type with-profit plan that provides lump sum benefit at certain stages during the premium-paying term or on earlier death. In addition, this plan has a built-in Accidental Death Benefit (ADB) rider so that the policyholder gets an additional sum assured in case of death due to an accident. This plan is a safe instrument for cash provision at the time of need. With this plan, the policyholder can secure greater protection and continued prosperity for the family at an affordable cost. Admissible Ages and Terms This plan is available to all members of the general public, aged from 20 to 60 years nearest birthday. Both males and females may purchase this plan. Terms offered under this plan are 12,15,18, 21, 24, 27 and 30 years. Survival Benefits: ‘On completion of one-third of the policy term, 20% of basic sum assured can be taken by the policyholder. Another 20% of the sum assured can be taken on completion of two-third of the policy term and the remaining 60% of basic sum assured plus accrued bonuses (if any) shall be payable at the end of the policy term in the event of survival of the assured. If the option to withdraw an installment of 20% sum assured is not exercised on the due date or within 6 months after the due date, a special bonus will automatically be added to the policy at the end of 6 months. In this event: On death of the assured while the policy is in force, the special bonus will be payable in addition to (1) Basic Sum Assured (2) Other Reversionary Bonuses accrued on the policy and (3) the amount of any installment left with State Life. On the maturity date, the special bonus will be payable together with all the installments of the sum assured remaining with State Life, in addition to regular reversionary bonuses accrued on the policy. So long as the policy remains in force, the policyholder may surrender the unclaimed installment of sum assured together with the related special bonus. The aggregate cash surrender value of the two shall not be less than the amount of the said unclaimed installment. 4.The reversionary bonuses as per usual practice will continue to be allotted each year on the basic sum assured (if in force) as and when Actuarial Surplus is declared. However, the unclaimed installments of the sum assured and related special bonus will not participate in State Life's Actuarial Surplus. Death Benefits: The full basic sum insured plus accrued bonuses are payable on death of insured any time while the policy is hipsfpakstaleite blogspot comipfolg-page:nim atesisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan in force. In addition, if death occurs as a result of an accident, additional amount equal to one basic sum assured, subject to maximum limit, will be paid. The usual maximum on the ADB of Rs. 4 million will apply and premium will be calculated accordingly Bonuses: This policy will participate in State Life's surplus. Rates of bonus applicable will be 25% higher than those on anticipated endowment plan. 4:Anticipated Endowment Assuranc: This is a modified form of endowment assurance and is also called Three Payment Plan’. Besides ful 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 sum insured on completion of 1/3rd and 2/3rd term of the policy. If the policyholder does not withdraw the survival benefits, a very attractive special reversionary bonus is available. Click here for special reversionary bonus currently available. On completion of term of the policy, the remaining 50% sum insured plus accrued bonuses shalll be payable. If the life insured expires during term of the policy, sum insured, accrued bonuses,unclaimed survival benefits and special reversionary bonuses are payable. Click here for ‘supplementary covers available with this plan. The plan is suitable for the individuals who have long-term financial needs but also anticipate requirement of money relatively earlier. Three Payment Plan helps fulfilling these short-term financial needs without terminating the actual contract. Click here for calculation of premium ‘on your life under this plan. ing 5:Shad Abad Assurance: {http:11.pp.blogspot.comi/- 2JoyXuraHSI/UlgeUEFLKPI/AAAAAAAAAJo/Ww_e6tW8vI¥/s1600/SHAD+ABAD+ASSURANCE jpg] Eligible ages:- hpipakstatelte.blogspot.comipibiog-page.ntm an2sisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan Minimum Age: 20 years Maximum Age: 60 years Age (Maximum) on Maturity: 70 years Allowable Riders: Click here for supplementary covers which can be attached with this plan. On completion of term of policy, sum insured plus bonuses attached to the policy are payable. However, on death during the policy term, the death benefit consists of double of sum insured with accrued bonuses. Incase of death due to accident, the death benefit consists of four times the sum insured plus bonuses. The coverage can be further widened by attaching supplementary covers with the policy. Click here for details of the supplementary covers. This plan meets the requirements of those who appreciate the basic savings purpose of endowment assurance but also like some additional cover to protect loved ones in case they die, Allah forbid, before maturity. Click here for calculation of premium on your life under this plan. 6:Jeevan Saathi Assurance: Ihttp:/1.bp. blogspot. comv-GpuwkA-305w/UlgeVJBeaxl/AAAAAAAAAKE/OGeNVIZ- NUMIs1600/jeevansathi_img jog] Eligible ages: Minimum Age (Equivalent): 20 years Maximum Age: 50 years Equivalent Age (Maximum) on Maturity: 70 years Allowable Riders: Click here for supplementary covers which can be attached with this plan. 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 pai the survivor. Further 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. Click here for supplementary covers. 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 hpipakstatelte.blogspot.comipibiog-page.ntm anasisi2018 Life Plans in Engh | State Lite Insurance Corporation OF Pakistan insurable can also enjoy the benefits of insurance policy through this plan. Click here for calculation of your premium under this plan. Click here for calculation of premium on your life under this plan. 7:Child Education And marriage Assurance Inttp:/3.bp.blogspot.comi- UZIUGEUJ4sY/UlgeSnRPyFUAAAAAAAAAJE/IBIPBrLOmJs/s 1600/CHILD+EDUCATION+%2526+MARRIAGE+PLAN jpg] Eligible ages: Minimum Age: 20 years Maximum Age: 60 years Age (Maximum) on Maturity: 70 years Allowable Riders: Click here for supplementary covers which can be attached with this 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. Please click here for the details of bonuses currently available for this plan 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. Continue the policy in the ‘same manner as earlier by switching the plan for the benefit of another child. Get a refund of all the previous premiums paid till the death of the child or the cash value of the policy, whichever is higher and terminate the contract. Continue the policy without naming another child in which case the benefit of Refund of Premium [as provided above under condition (b)] will not be available. Child Education & Marriage Plan is suited for the Parents who are conscious about the future of their children. The term of the plan is such that the lump sum benefit becomes payable when the child attains a predetermined age of 18, 21 or 25 years. These ages may be selected considering the occasion at which children generally need financial assistance for higher education, marriage, or setting up business. Depending upon your individual needs, the plan is available in two separate versions of with and without built-in family income benefit. In addition to parent, this plan can also be affected by grandparents, uncles, aunts or any other person who is paying for the maintenance of the child. This policy itpfpakstatete blogspot comipibiog- page him sizsisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan will acquire a surrender value after it has been inforce for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by State Life on request of the policyholder. Click here for calculation of premium on your life under this plan. 8:Child Protection Assurance: {http .bp.blogspot.com/- ZRMTMcmVBow/UigeS_Uq/GIAAAAAAAAAJM/YrCpzzbvYvols1600/Child+Protection+Assurance.jpg] a joint life assurance and covers the 8 of child and either of the parents. If the policyholder and the child both survive full term of the policy, sum insured and accrued bonuses become payable. If the policyholder dies before completion of term of the policy the payment of premiums ceases and the chi paid an income of Rs 100/- per thousand sum insured per annum till the completion of the policy term. On completion of policy term, sum insured inclusive of bonuses accrued till the death of the policyholder is paid to the child. If the child dies (Allah forbid) before maturity of the policy and during lifetime of the policyholder, the death claim payable to the policyholder depends on the age at death of the child, As the name suggests, the plan is suitable for parents who want to cater future financial needs of their children incase of death of the breadwinner of the family. The plan has a unique feature of providing coverage on the life of child. The coverage of the policy can further be widened by attaching supplementary covers. Please click here for the details of supplementary covers. if you want to calculate your premium under this plan, please click here. 9:Shehnai Policy: hpipakstatelte.blogspot.comipibiog-page.nim! ona,sisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan {http/2.bp.blogspot.com/-uO8CY nvFLAK/UlgeUhInUVAAAAAAAAAJS/- ‘g9zCHWDjE/s1600/Shehnai+Policy.ipa} Eligible ages:- Minimum Age: 20 years Maximum Age: 60 years Age (Maximum) on Maturity: 70 years Allowable Riders: Click here for supplementary covers which can be attached with this plan. Shehnai Policy is an innovative life insurance product. It provides a solution to the problems of many concerned parents who want to save now in order to provide for their children's higher education, marriage and other expenses when the need arises. The term of the plan is such that the lump sum benefit becomes payable as the child attains the age of 25 years. ‘Shehnai Policy also caters from the ravages of inflation. This is done by the option of automatic increase of 6% per annum in sum insured and premium from third policy year onward. From the fourth policy year onward, the policyholder is provided with a statement showing the build up of cash value of the policy and sum insured for the year. The policy also participates in the surplus of State Life and currently the rate of bonus is Rs 105 per thousand per annum of the adjusted opening cash value. Maturity Benefit: The policy matures when the child attains age 25 years. At maturity the cash value of the pc |. The cash value includes all the bonuses attached with the policy. Death Benefit: If the life insured dies during term of the policy, premium payments stop and the sum insured applicable to the policy year of death is deferred to be payable when the child attains age of 25. At the time of death of the I sum insured is added to the ‘adjusted opening cash value’ to be called the ‘enhanced cash value' and participates in State Life's surplus until itis. paid out to the child when he or she attains the age of 25 years. The child will have an option of either collecting the benefit in a lump sum or in five equal annual installments. This policy will acquire a surrender value after it has been inforce for at least two consecutive years provided no premiums are in default. The surrender value will be quoted by State Life on request of the policyholder. Click here for calculation of premium on your life under this plan 10:Sunehri Polic: hpipakstatelte.blogspot.comipibiog-page.ntm m2sisi2018 Life Plans in Engh | State Lite Insurance Corporation OF Pakistan {http:13.bp.blogspot.comi- Q5YtaWKgMNMIUIgeVFQXYSI/AAAAAAAAAJO!_d36GPRVkYE/s1600/Sunehri*Policy.ipg] Sunehri Policy is an innovative life insurance product. Itis flexible, secure and meets the challenges of inflation quite economically. Under a special feature of this plan, from third policy year onwards, sum insured under the policy and premium will increase by 6% per annum without providing any evidence of insurability. From the third policy year onward, the policyholder is provided with a statement showing the build up of cash value of the policy and sum insured for the year. The policy also participates in the surplus of State Life and currently the rate of bonus is Rs 105 per thousand per annum of the adjusted opening cash value. Click here for the details of the supplementary covers, which can further increase coverage under this plan. Death Benefit: Ifthe life insured dies during first two years of policy issue, then the initial basic sum insured will be payable. Ifthe life insured expires in third or later policy years, the death benefit payable will be equal to sum insured applicable to the policy year of death plus adjusted opening cash value. Maturity Benefit: Policy matures on policy anniversary nearest to age 70 years of the life insured. The maturity benefit equals to cash value of the policy at age 70. The plan is suitable for individuals who have started their career and expect increase in their income over a certain period of time say a year or two. The increase in premium and sum insured helps them to meet their increased insurance requirement with increase in incomes. Click here to calculate your premium for this plan. 11:Optional_maturity_endowmen: Itis an endowment assurance with a built in option to mature early. The plan is available for individuals aged 20 to 45 years. The policyholder has following options regarding maturity of this plan. After the policy has been in force for 20 years or more, the policyholder gets an option to mature the policy for a proportionately reduced sum insured. After the policy has been in force for 20 years or more, the policyholder, depending on his or her needs, can mature the policy in parts. Let the policy mature at originally selected term. In this case the policyholder gets an additional bonus. The policy participates in bonuses declared by State Life from time to time, Please click here for details of bonuses currently available for this plan. Coverage under the policy can hitpifpakstatete blogspot comipibiog agen anasisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan also be enhanced by attaching supplementary covers. Please click here for the details of supplementary covers. Please click here for calculation of your premium under this plan. 12:Nigehban: {http:1.bp.blogspot.com/-CHoPscrRp- UlgeWaMHNMUAAAAAAAAAKQ/yWGvRaODY8c/s1 600/nigehban_img jpg] This plan provides term insurance cover for a period ranging from 5 to 10 years. As the name suggests, this plan is meant to provide protection during the term of the policy only i.e. sum insured is payable on deatt occurs during the term of insurance while the policy is in force. The plan does not carry any survival benefits, maturity benefits, surrender values, loan values etc. The policies will be without profits. Please click here for calculation of your premium under this plan. The plan is available in two versions namely, with single premiumand with annual premiums. Attaching certain supplementary covers can widen the coverage under the plan, Please click here for the details of supplementary covers available for this plan. 13:Muhafaz Plus Assurance: hpipakstatelte.blogspot.comipibiog-page.ntm sanzsisi2018 Life Plans In English | State Life Insurance Corporation OF Pakistan {http:/4.bp.blogspot.conv-FVgiG9_qeb4/UIgeV7wig4l/AAAAAAAAAK IisHEEMUOD- h4/s1600/muhafiz_img.jpg] Muhafiz Plus provides a substantial sum of money on maturity or earlier death (Allah forbid) of the life insured. On maturity, the policyholder will receive sum insured plus bonuses attached with the policy. However if the fe insured dies before completion of term of the policy, basic sum insured plus attached bonuses will be paid to the dependants immediately. In case of death due to accident, the double of the sum insured is paid, In addition, the dependents will also be paid an income of Rs 240 per thousand sum insured per annum for a fixed period of 15 years. The first payment will fall due on the policy anniversary immediately after the death of the life insured. Click here for details of the supplementary covers available with this plan. If you want to calculate your premium under Muhafiz Plus Assurance, please click here. 14:Supplimentory Cover: State Life offers a number of supplementary covers to enhance coverage under different plans. These ‘supplementary covers can be attached with the main policy and are not available exclusively. Please click below for the details of these supplementary covers: Accidental Death & Indemnity Benefit (AIB) Accidental Death Benefit (ADB) Family Income Benefit (FIB) Waiver of Premium (WP) Special Waiver of Premium (SWP) Term Insurance (TI) Guaranteed Insurability (Gl) Refund of Premium Rider (RPR) Hospital And Surgical Benefit (H and;S) Accident Death & Indemnity Benefit (AIB) This supplementary cover provides for payment of additional amount equal to the sum insured under the policy in the event of death by accidental means, or in the event of loss of two or more limbs or loss of sight in both eyes. One-half of the sum insured will be paid for loss of one limb; one-third of sum insured in the event of loss of one eye and one-fourth of sum insured will be paid for loss of thumb and index finger. Moreover, weekly indemnities are also available for total and partial isability of the life insured as a result of the accident. If the life insured becomes permanent and total disable, an annuity of 10% of sum insured will be payable for a maximum period of ten years. AIB is suitable for office commuters and individuals who travel and use different modes of transport. The rates of premium for this ‘supplementary benefit range from Rs 4 to Rs10 per thousand sum insured depending upon the occupational rating of proposer for standard lives whose age should be between 18 to 55 years. AIB can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Shad Abad Assurance Shehnai Policy Child Protection Assurance (For adult life only) Muhafiz Plus Assurance Nigehban Plan Optional Maturity Plan Accidental Death biosfpakstaleite blogspot comipiolog-page: nim sonsisi2018 Life Plans in Engh | State Lite Insurance Corporation OF Pakistan Benefit (ADB) This supplementary cover will provide for payment of an additional amount equal to sum insured in the event of death by an accident as defined in the contract. On payment of a modest premium, a handsome accidental coverage is obtained through this supplementary cover. ADB is highly recommended for individuals who travel daily through road transport. The cover is available to lives between 5 and 55 years of ages. Maximum term of this supplementary benefit is not allowed to exceed the premium paying term of the basic policy, or 60 years of age of the life proposed whichever is earlier. ADB can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Shehnai Policy Child Protection Assurance Muhafiz Plus Assurance Nigehban Plan Optional Maturity Plan Family Income Benefit (FIB) This supplementary cover provides that incase of death of the life insured during term of this cover, an annuity of 10% to 50% per annum of the basic sum insured will be payable till the completion of term of this cover. For instance, if a life insured has taken 25% FIB supplementary cover for 20 years on his policy having sum insured of Rs 1,000,000. If the life insured 's during term of FIB, say at the end of fourth year, an annual sum of Rs 250,000 will be payable for rest of 16 years. While the basic plan provides a lump sum, FIB provides a regular stream of income to the dependents and helps in meeting the day to day expenses. This supplementary cover is available to lives between 18 and 55 years of ages. It can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Shad Abad Assurance Shehnai Policy Child Protection Assurance (For adult life only) Muhafiz Plus Assurance Optional Maturity Plan Waiver of Premium (WP) This supplementary cover provides for waiver of due premiums in the event of the life insured’s Total and Permanent Disability caused by accident as defined in the contract. With the help of WP, the life insured gets relieved of vagaries of paying premiums incase of his or her being incapacitated as a result of accident. The rate of premium for standard risk will be Rs 0.50 to 1.00 per thousand of sum insured depending upon the age of life insured. WP is available to lives between 18 and 55 years of ages. It can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Child Protection Assurance (For adult life only) Muhafiz Plus Assurance Optional Maturity Plan Special Waiver of Premium (SWP) This supplementary cover will provide for waiver of premiums under the policy incase of the life insured's Total and Permanent Disability due to accident or disease which renders him unable to engage in any occupation. With the help of SWP, the life insured gets relieved of vagaries of paying premiums incase of his or her being incapacitated as a result of accident or disease. SWP is available to lives between 20 and 55 years of ages. SWP can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Child Protection Assurance (For adult life only) Optional Maturity Plan Term Insurance (TI) In the event of death of the life insured during term of Ti supplementary cover, the sum insured will be payable in addition to the benefits payable under the basic policy. Suppose, Mr A, covered under a policy of Rs 1,000,000, also attaches TI supplementary cover with his policy. Incase of his death during term of TI, a sum equal to Rs 1,000,000 will be payable under this supplementary cover. This will be in addition to the benefits payable under main policy. This supplementary cover is an excellent opportunity for individuals who want to enhance coverage of their policy substantially on payment of a meager amount of premium. TI is available to lives between 18 and 55 years of age. TIR can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Child Education & Marriage Assurance Shad Abad Assurance Shehnai Policy Child Protection Assurance (For adult life only) Muhafiz Plus Assurance Optional Maturity Plan Guaranteed Insurability (Gl) Under this supplementary cover, State Life gives the policyholder a right to purchase additional life insurance upto specified maximum amounts on specified further dates at standard rates, without evidence of insurability being required at such later dates. The specific further dates on which additional insurance can be taken are the policy anniversaries of the basic policy nearest the 25th, 28th, 31st, 34th, 37th and 40th birthdays of the life insured. Thus the option dates for various issue ages Issue ‘Ages No of Option Dates Option Date Ages 10 - 24 25 - 27 28-30 31-33 34-36 37 6 543.2125, 28, 31, 34, 37, 40 28, 31, 34, 37, 40 31, 34, 37, 40 34, 37, 40 37, 40 40 This supplementary cover is available only to standard lives between 10 and 37 years of ages and who are not engaged in hazardous occupations. Only one Gl will be issued on the life of any one person. Gl is available only at the time of issue of the basic policy and can not be na expi pspakstatle blogspot comiptblog-page. htmlsysi2018 Life Pans In English | State Lite Insurance Corporation O* Pakistan attached to the policy after its issuance. Individuals who foresee increase in their insurance needs in the near future can get benefit from this supplementary cover. It saves them from providing any further evidence of insurability incase they desire to enhance coverage under the policy. GI can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Child Education & Marriage Assurance Optional Maturity Plan Refund of Premium Rider (RPR) RPR provides for refund of premiums paid under the policy in the event of death of the life insured during term of the policy. It is an ideal form of ‘enhancing the life cover under the policy with a modest increase in premium. This supplementary cover is available to lives between 20 and 60 years of ages. The available term ranges from 10 to 25 years. RPR can be attached with following plans: Endowment Assurance Anticipated Endowment Assurance Shad Abad Assurance Child Protection Assurance (For adult life only) Optional Maturity Plan Hospital and Surgical Benefits (H&S) This supplementary cover provides benefits in case of hospitalization of the life insured, in State Life's approved hospitals, as a result of sickness or accident. On payment of double amount of premium specified for H&S, the benofits and their limits will also be doubled, H&S is available to lives between 18 and 50 years of ages. The available term ranges from 10 to 25 years. RPR can be attached with following plans: Whole Life Assurance Endowment Assurance Anticipated Endowment Assurance Jeevan Sathi Assurance Shad Abad Assurance CI Protection Assurance (For adult life only) Optional Mati 15:Committee Policy: Plan Eligible ages and Terms:- Minimum Age : 20 years Maximum Age : 50 years Terms Available: 3 and 5 years only. This plan is a unique short term savings and protection scheme through which the policyholder can get a lump sum amount of money at a specified time or on death (God Forbid), if earlier. The policy would be a Pak Rupees policy and hence all premiums and claims would be payable in Pak Rupees. This plan would not participate in the Actuarial Surplus of State Life. The premium paying mode of this plan would be quarterly. ELIGIBLE PROPOSER: Only Standard Lives shall be eligible to own the plan. MINIMUM AND MAXIMUM SUM ASSURED: The minimum acceptable Sum Assured would be Rs. 75,000. The maximum Sum Assured under the plan will be as follows: Age at entry (Age nearest birthday) Maximum Sum Assured Rs. 20 to 40 years 400,000 41 to 45 years 300,000 46 to 50 years 150,000 PREMIUM: Premium is a level amount payable quarterly. It will be calculated as follows: Basic Quarterly Premium = Sum Assured Term of Assurance x 4 SUPPLEMENTARY CONTRACTS: Term Insurance Rider (TIR) and/or Accidental Death Benefit (ADB) can be attached. pspakstatle blogspot comiptblog-page. html sane