10 Year Bonus State Life Insurance Policy Urdu

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.

10 year bonus state life insurance policy urdu.

Whole life assurance. Click here for supplementary covers which can be attached with this plan. Types of bonuses offered by life insurance companies. Procedure for death claim.

For purchasing a policy any local assistant director postal life insurance could be contacted in pakistan. 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. Life insurance companies offer the following types of bonuses. Endowment assurance eligible ages minimum age.

Just pay 30000 thousands and earn 25 lac for everyone state life insurance duration. It s a safest and surest method of guaranteed cash provision either at a specified time or at death allah forbid. 10 years maximum age. Procedure for other claims.

Procedure for loan against insurance policy. 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. Compound reversionary bonus the calculation is done on the basis of compound interest the yearly bonus is added to the sum assured and the next year s bonus is calculated on the new sum assured amount. Procedure for complaints against.

65 years age maximum on maturity. It is the only saving instrument which covers the life risk. Procedure for volunteer policy surrender. A loan can also be availed against the state life insurance policies.

Unclaimed life insurance maturity benefits. See all our calculators. Procedure for maturity claims. It is a unique combination of protection and savings at a very economical premium.

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. 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. Great knowledge share 8 240 views. Sign up for a insurance account.

Death at any time before age 85 years terminates payment of premiums and the sum insured and attached bonuses become payable.