10 Year Bonus State Life Insurance Policy Urdu

Whole life assurance endowment assurance jeevan sathi assurance.

10 year bonus state life insurance policy urdu.

Sign up for a insurance account. Great knowledge share 8 240 views. 10 years maximum age. It is a unique combination of protection and savings at a very economical premium.

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. Procedure for complaints against. 65 years age maximum on maturity. A loan can also be availed against the state life insurance policies.

Procedure for maturity claims. Procedure for loan against insurance policy. 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. Procedure for other claims.

Procedure for volunteer policy surrender. A lapsed policy may be considered for revival by state life upon receipt of evidence free of cost and satisfactory to state life that the life insured is eligible for life insurance. 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. Just pay 30000 thousands and earn 25 lac for everyone state life insurance duration.

Click here for supplementary covers which can be attached with this plan. Unclaimed life insurance maturity benefits. Endowment assurance eligible ages minimum age. 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.

Types of bonuses offered by life insurance companies. 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. Life insurance companies offer the following types of bonuses. It is the only saving instrument which covers the life risk.

See all our calculators. Whole life assurance. It s a safest and surest method of guaranteed cash provision either at a specified time or at death allah forbid. Death at any time before age 85 years terminates payment of premiums and the sum insured and attached bonuses become payable.

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.