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LOW PREMIUM ---- HIGH BONUS Postal Life Insurance LOW PREMIUM ---- HIGH BONUS Fazli Sattar Khan Add DG (Operations) Phone: 051-9260016

Postal Life Insurance Established in 1884 Initially meant for low-paid postal employees Its ambit stands extended to general public Also available for sale to all Government Servants / Private organizations Post Office Insurants Fund has risen from Rs.9.6 million to Rs.20 billion

A beautiful view of Shangrila resort Skardu Objectives Contribute to National Savings and progress of the country Extend insurance business even to the remotest and neglected areas Use of policy holder’s fund in the interest and welfare of the society Maximum benefits to the policy holders at the minimum possible cost Ensuring efficient and quality service to the policy holders A beautiful view of Shangrila resort Skardu

Administrative Setup Chairman/ DG Pakistan Post Add Director General (PLI) General Managers (PLI) Regional Directors (PLI) Asstt General Managers (PLI) Assistant Directors Field (PLI)

Salient Features of PLI Schemes Ensures bright future and prosperity to the insurant and to the nation Low premium rates with high bonus rates Premium payable on monthly quarterly, six monthly and yearly basis Payment of premium at any post office in Pakistan Maximum limit is Rs.5 million Centaurus Islamabad 

Risk of all sorts of casualties covered under the scheme Compulsory savings for all Insurance coverage on very easy terms and conditions Loan facilities on policies Attractive rebates on the advance payment of each yearly / 6 monthly premium Payment guaranteed by Government of Pakistan Muzaffarabad after Earthquake 9 Oct 2005

Types of policies WHOLE LIFE POLICY Cheapest survival arrangement for a family against premature casualty of the bread earner Premium can be paid till the age of 50,55,60 or 70 years as it suits to the insurant The sum assured + bonus is payable at the attaining the age of 85 years or the casualty of policy holder

JOINT LIFE INSURANCE ENDOWMENT POLICY Purchasable for any sum Payable at the expiry of the specified term or on his attaining the age of 30,35 ------ 70 years or on his death whichever is earlier JOINT LIFE INSURANCE Any sum payable at the expiry period of 10,15 ------ 35 years or at the death of either of the two insured persons

THREE PAYMENT PLAN Insurants feel comfortable with TPP Can be purchased for fixed term of 12,15 ----- 30 years 25 % of the sum assured is payable to the policy holder at the end of the one third of the term 25 % at the end of the two third of the term, 50 % along with the accrued bonus at the end of term In case of death of the policy holder, total sum assured + full bonuses is payable to the claimant irrespective of the payments already made to the policy holder during his life time

EDUCATIONAL & MARRIAGE ENDOWMENT Issued for the period ranging from 5-17 years The period of endowment is timed as per requirement of the beneficiary child In case of death of the insured before the specified date, the policy becomes a claim and payment of further installments are waived off The amount of claim is deposited in S.B account in the name of the nominated child and is paid with accruing profits on the specified date/expiry of term

ACCIDENTAL INSURANCE Issued in combination with whole life or endowment assurance as a supplementary contract Minimum Rs. 50000 Payment of an additional amount of Rs. 1500 for accidental disability. (for 5 Lac) Supplementary contract ceases to be operative on maturity of the principle policy in the natural course Disability includes loss of one or two of his hands/legs or eyes Supplementary contracts are not admissible in case of non medical policies and in case of defence personnel

CHILD PROTECTION POLICY CPP is issued jointly on the lives of the child and the father or mother No other relative is allowed to be associated with the policy It is issued when the age of the child is between 1 to 17 years as per details given below: AGE ON ENTRY MINIMUM MAXIMUM Child 6 months 17 years Payer 20 years 50 years

GROUP INSURANCE Under the Group Insurance scheme, the entire group, (all employees of a particular department are insured) Premium is paid collectively by the department Agreement is signed for one, two or three years After the expiry period of contract the GM PLI may refund a part of the profit, if any revealed, to the party concerned

Strength of PLI A relatively well organized system both in terms of management and its physical network About 126 years of experience in Life Insurance High bonus and lowest premium Guaranteed by the state Accessibility in the remotest areas of Pakistan through wide network 15

Departmental and non-departmental field force Premium payable on monthly, quarterly, six monthly and annually Confidence of general public in Pakistan Post and PLI Exemption fromTax Exemption from supervisory fee 16

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