Up till now we have covered many topics.We have chatted about Personal Pension Scheme,,Why Life Insurance Policy Lapses,Dangers of a lapsed life insurance policy,Reinstate your life insurance policy,Grace period and revival of a lapsed policy,Endowment Assurance Plan-State Life And Investment.Now we will discuss diferent modes of payments of premiums allowed by State Life Insurance Corporation of Pakistan.
Different modes of payment.
Well dear visitor! today we are going to discuss another very important
topic of life insurance.It is about "PAYMENTS".How premiums should be
paid to State Life Insurance Corporation.What is the safest,the quickest
and and the surest mode?Is there any?We will try to find out the
answers to such questions.
We
have discussed this many times before that State Life is very keen and
interested in providing life insurance cover to each and every family of
Pakistan.State life offers different types of plans.Every citizen can
select one or more of these plans which fulfill his needs.Similarly
State Life offers different modes of payments to facilitate it's policy
holders.The different modes of payments are:
Cash
It
is no doubt the quickest way of making payments of premiums to State
Life.Particularly if you want that your case is finalized as early as
possible then you must pay cash to the marketing
representative.However,if the the marketing representative is stranger
then you are hesitant to pay him cash and that is quite natural.
Pay order
It
is also the quickest way.The money will be deposited in the account of
State Life.However
you will have to go the bank and request him to
prepare a pay order in favor of STATE LIFE INSURANCE CORPORATION OF
PAKISTAN.Many of the clients are hesitant to do this.However, if you are
prepared to go the bank and can get a pay order then it will be very
safe,quick and a neat can clean transaction.
Bank Draft
It is another popular and safe mode of paying premiums to State Life.But the the main problem is still unsolved.the client will have to go to the bank and will have to request the manager to prepare a bank draft.This all is painful and time consuming.That is why many of the clients hesitate to use this mode of payment.
A cross Cheque Drawn in favor of State Life Insurance Corporation of Pakistan
This is the most popular way of paying premiums.It is also the safest.Many of the clients and satisfied and happy policy holders use this method of payment.You need NOT to go some where.You only need a couple of minutes to write down the amount of premium and to sign it..And you are done.It is as simple as that.
Bank Draft
It is another popular and safe mode of paying premiums to State Life.But the the main problem is still unsolved.the client will have to go to the bank and will have to request the manager to prepare a bank draft.This all is painful and time consuming.That is why many of the clients hesitate to use this mode of payment.
A cross Cheque Drawn in favor of State Life Insurance Corporation of Pakistan
Life Insurance
in simple words means "Love For Your Kids" "Love whom you love the most" |
However.You must observe one small precaution,YES one precaution that can save you from many potential problems.Always write the policy number.If you are going to pay the premium for the first time then please do NOT forget to write the proposal Number.
Now dear visitor what do you conclude?What do you think?How premium can be paid safely and securely even to a stranger?
As a life insurance analyst and a marketing representative i think the best way is to pay full amount of premium in the form of a cheque drawn in favor of State Life Insurance Corporation of Pakistan with your policy or proposal number on it.On the back of it too you may write your name and policy number.Such an easy and neat and clean method of payment will create a lot of confidence and peace of mind.
Life Insurance Policy.The last ray of hope of survival. |
Different topics we have discussed till now.
State life Insurance Corporation of Pakistan.
The tested,the trusted and the largest Life Insurance Company of Pakistan.
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