State life Insurance Corporation of Pakistan and Committee Policy
The State Life has many plans cut,tailored and designed for the
citizens of Pakistan belonging to different walks of life.The citizens of Pakistan can select one or more of these plans that full fill their needs,requirements and wants.In today's post Ikram Ul Haq Mirza,your Certified Life Insurance Analyst will discuss one very special policy.This policy is known as "COMMITTEE POLICY" Please continue reading.We are sure you will love this very short term plan.
Minimum age at entry is 20 years.
maximum age at entry is 50 years.
Only two terms are available.
3 years
5 years
This is a special policy.So you need not to pay the premium yearly. The premium is payable after every 3 months.That is mode of payment is QUARTERLY.
The minimum sum assured is PKR75,000.00
The maximum sum assured available is as follows.
For age 20 to 40 years maximum sum assured is 400000.00
For age 41 to 45 years maximum sum assured is 300000.00
For age 45 to 50 years maximum sum assured is 150000.00
This policy is a very short term policy. The factor of "risk" is very high.So the State life do not share the profits with policy holders.
State life has created this plan for short term savings,protection and security.
The State Life has many plans cut,tailored and designed for the
citizens of Pakistan belonging to different walks of life.The citizens of Pakistan can select one or more of these plans that full fill their needs,requirements and wants.In today's post Ikram Ul Haq Mirza,your Certified Life Insurance Analyst will discuss one very special policy.This policy is known as "COMMITTEE POLICY" Please continue reading.We are sure you will love this very short term plan.
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The silent features of this policy are.
Only standard lifes can participate in this plan.The silent features of this policy are.
Minimum age at entry is 20 years.
maximum age at entry is 50 years.
Only two terms are available.
3 years
5 years
This is a special policy.So you need not to pay the premium yearly. The premium is payable after every 3 months.That is mode of payment is QUARTERLY.
The minimum sum assured is PKR75,000.00
The maximum sum assured available is as follows.
For age 20 to 40 years maximum sum assured is 400000.00
For age 41 to 45 years maximum sum assured is 300000.00
For age 45 to 50 years maximum sum assured is 150000.00
This policy is a very short term policy. The factor of "risk" is very high.So the State life do not share the profits with policy holders.
State life has created this plan for short term savings,protection and security.
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