10 Year Bonus State Life Insurance Policy Urdu

This bonus was announced in actuarial valuation as at 31st december 2002 in celebration of the 30th anniversary of state life insurance corporation of pakistan.

10 year bonus state life insurance policy urdu.

Great knowledge share 8 240 views. It is the only saving instrument which covers the life risk. Procedure for volunteer policy surrender. Death at any time before age 85 years terminates payment of premiums and the sum insured and attached bonuses become payable.

It is a unique combination of protection and savings at a very economical premium. Types of bonuses offered by life insurance companies. 65 years age maximum on maturity. Procedure for death claim.

It is payable on all with profit pak rupee policies that were in force for the full sum assured as at 31st december 2002 where more than 10 years premiums have been paid. 10 years maximum age. It s a safest and surest method of guaranteed cash provision either at a specified time or at death allah forbid. Procedure for other claims.

Whole life assurance. A loan can also be availed against the state life insurance policies. Unclaimed life insurance maturity benefits. Life insurance is mainly considered as a saving instrument rather than an investment avenue as it promotes compulsory savings besides protecting the family of the policyholder in the event of unforeseen happening.

Depending on the duration of lapse state life may either require a declaration of good health by the life insured his her personal statement or his her full. Click here for supplementary covers which can be attached with this plan. Endowment assurance eligible ages minimum age. Sign up for a insurance account.

See all our calculators. Procedure for maturity claims. For purchasing a policy any local assistant director postal life insurance could be contacted in pakistan. This gives postal life an enormous advantage over its business rivals and helps to offer a wide range of insurance policies to customers at the lowest premium while ensuring highest bonus on their investment.

Just pay 30000 thousands and earn 25 lac for everyone state life insurance duration. Procedure for complaints against. Compound reversionary bonus the calculation is done on the basis of compound interest the yearly bonus is added to the sum assured and the next year s bonus is calculated on the new sum assured amount. Whole life assurance endowment assurance jeevan sathi assurance.

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.