Salary Saving Plan-State Life Insurance

Life insurance    بیمه زند گی  zaroori nahi  بلکه bohat zaroori hay

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Few moments ago we received a very important call from Islamabad.The caller was very enthusiastic and keen to provide life insurance cover for her subordinates.She  wanted to know in details about a particular plan.This plan is called "SALARY SAVING PLAN". It is a very popular and infect a favorite plan of all those employees  who do not want to pay yearly premium.In today's post your life insurance analyst is going to discuss the same plan in details.
We are grateful to the lady caller from Islamabad for her interest in "SALARY SAVING PLAN" in general and for her efforts in particular which she is performing to provide security and protection to the officers and officials of her institution.
Web Administrator

Salary Saving Plan 
let us first of all discuss frequently asked questions related with this plan.

 F A Q

Q. Which plans are available to the participants of this plan?

A.The participants can adopt any plan which fulfills their needs and requirements.following are the few of the many plans which The State Life offers.

Whole life assurance

Endowment assurance

Anticipated endowment assurance

 Child protection assurance

 Big deal assurance

Jeevan sathi assurance

Shad baad assurance

Sunehri policyShehnai policy

Muhafiz plus assurance 

Q.Under Salary saving Plan who will sign the agreement?
A. As usual the proposal form will be signed by the proposer.The employer will sign the agreement with State Life for remitting the premiums to State Life by deducting the same from the salaries of those employees who buy individual policies on voluntary basis.
Q.How many persons must participate in this plan?
A. At least 10 employees must participate in this plan.
Q.Is there any minimum premium which should be  paid be paid to The State Life each month.
A. Yes the minimum aggregate amount of premium is PKR5000.00 per month.
Q. To whom the State Life will send premium notices and receipts.

Good news for the policy holder
Our next post
How much it will cost for an 
insurance policy of  
PKR10,000,000?
ONE CRORE
 એક કરોડ un millón 

  aon mhilliún amháin ar

ا یک کروڑ

A.The State Life will send the premium notices and receipts to the employer. 
Q.Who will be the owner of the policy bond issued by The State Life.
A.The employee will be the owner of policy bond.
Q.What if the employee leaves  his job and gets employment some where else? 
A.This does not cause any problem.The employee may independently continue this policy.
Q.What about "RIDERS" or supplementary contracts?Are these available with this "SALARY SAVING PLAN"? 

A.Yes.In many situations the riders are available and the proposers can turn their ordinary life insurance policy in to a very valuable asset after paying "EXTRA".

Well dear visitor!I have now answered most of the frequently asked questions related with this great innovative offer of life insurance by The State Life.if you still have any question please free to ask us.You 
may also post your questions in the comments box.
Q.Will employer also contribute?
A.No.Not at all.The employer will NOT share any thing towards this plan.

How the premium of this SALARY SAVING PLAN will be calculated?This question still remains unanswered.

The right answer to this question requires few more details of the life proposed.For example we need his age and the amount of sum assured.We also need term (the number of years during which security and protection is needed or required).For more details please contact us.
Thanks if you do.

                                                              Life insurance Analyst

SKYPE statelifeonline

Life insurance    بیمه زند گی  zaroori nahi  بلکه bohat zaroori hay

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