Showing posts with label policy lapses. Show all posts
Showing posts with label policy lapses. Show all posts

Thursday, February 7, 2013

Modes of payments-the safest-State Life

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.
         بیمه زندگی بهی اورمنا فع  بهی   
State life.
The largest Life
 Insurance Company of 
Pakistan.  
Let State Life 
take care of your 
Life Insurance Concerns 
and investment portfolio.  
  State Life
two in one.
03234969112
 بیمه زندگی بهی اورایک ا چهی 
بهی Investment
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
Photo: ‎زندگی کا بیمہ

مستقبل کا علم اللہ کے سوا کسی کو بھی نہیں، لیکن مستقبل، بےچینی، اندیشے اور وہم کا نام بھی نہیں۔ آنے والے وقت کے لیئے اگر پہلے سے تیاری کر لی جائے تو مستقبل خوشیوں کی ضمانت بن جاتا ہے۔ ایسی تیاری کو دوراندیشی کہتے ہیں اور ایسی ہی دور اندیشی کا نام بیمہ ہے۔
اس سکیم کے تحت دنیا بھر میں کڑوروں افراد احساس تحفظ خود اعتمادی اور سکون حاصل کرچکے ہیں۔ بیمہ کا ایک بڑا فائدہ یہ بھی ہے کہ اس سے بچت کی عادت پڑتی ہے۔ جس کا فائدہ ملک اور قوم کو بھی پہنچتا ہے۔
0333-4057048
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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
Life Insurance
in simple words means 
"Love For Your Kids"
"Love whom you 
love the most"
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.
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.
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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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Monday, January 21, 2013

Grace period and revival of a lapsed policy_State Life

Life Insurance-Lapsed Policies and  State Life Insurance Corporation of Pakistan
 Why Life Insurance Policy Lapses-State Life-Dangers of a lapsed life insurance policy-State Life-Reinstate your life insurance policy-State Life-Personal Pension Scheme-state Life and now grace period and revival of a lapsed policy state life
 Life insurance بیمه زند گی zaroori nahi بلکه bohat zaroori hay.


Loading... We have created this blog with a purpose and a particular mission.We want to educate and create awareness about the importance of life Insurance in our daily life.Here in this blog we discussed different aspects of life insurance in a very friendly environment.English is by no way our mother tongue.We make a lot of mistakes.We do hope that our distinguished visitors do understand this problem and will continue to to patronize us and help us in learning from our mistakes.

Loading... We owe our thanks to the all the visitors who regularly and repeatedly visit this blog and ask us different questions.Recently we have received few very interesting questions.In this post we will try to answer those questions and see how State Life Insurance Corporation of Pakistan helps it's clients and  policy holders.
Web Administrator


Reinstate your lapsed policy now
Loading... Well Dear Visitor! Your Life Insurance Analyst is again with you.Right now we will chat about a mail which we received from Abbottabad,Pakistan.The sender of the email is 35 years old man.He wants to know more about the "Grace Period"..When it begins?When it ends?If a premium can be be paid within the grace period without any penalty?What State Life will do if the policy holder dies and the premium is NOT paid within the "Grace Period"?
So we see that he has raised a very important question.In this post we will find out right answer to the question,"What is "Grace Period"? according to State Life Insurance Corporation of Pakistan.
GRACE PERIOD
Loading...The grace period is of 31days.Hence,the policy holder can pay the premium within 31 days.The grace period starts from the date on which the premium falls due.
Loading...If the policy holder dies and the premium is NOT received by State Life Insurance Corporation of Pakistan  within the grace period then the premium will be treated as received and State Life Insurance corporation of Pakistan will honor the contract.
Loading...The due premium which was NOT paid before the death of the policy holder with in the grace period will be deducted from the amount payable by State Life to the beneficiary of the policy holder.
If the grace period ends and  due premium is NOT received by State Life, the Policy will lapse unless it is kept inforce under the “Automatic Non-forfeiture” clause of the Policy. The lapse date will be taken as the due date of the premium in default. No.claim whatsoever shall lie against State Life, under a lapsed policy.
Source: http://www.statelife.com.pk/html/terms_conditions.htm#3
This was all about the "GRACE PERIOD"offered by 
State Life Insurance Corporation of Pakistan. 
if a life insurance policy lapses no claim what so ever shall lie against State Life.So we suggest "Never wait for the grace period to begin".
Always pay the premium when it is due. 
Beware of the dangers of a lapsed life insurance policy.
You loose protection and financial security. There is no one to take care of your and your family once you are gone.
 Never let your life insurance policy lapse.
If you need any information or you need any service related with your life insurance policy please feel free to email us.let us serve you more effectively and efficiently.
    Email your uestions   >   statelifeonline@yahoo.com
92-0323-4969112
 Life insurance بیمه زند گی zaroori nahi بلکه bohat zaroori hay.

Get ready to revive your lapsed 

Now


State life Insurance Corporation of Pakistan.
The tested,the trusted and the largest Life Insurance Company of Pakistan.
 
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