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State Life Insurance Corporation of Pakistan Our Culture & Responsibilities.

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Presentation on theme: "State Life Insurance Corporation of Pakistan Our Culture & Responsibilities."— Presentation transcript:

1

2 State Life Insurance Corporation of Pakistan

3 Our Culture & Responsibilities

4 One Head of a Large Family Old Scenario All Earning Members Deposit their income with the Head of Family thus creating a Pool

5 One Head of a Large Family Old Scenario He was the decision maker and caretaker of the whole family

6 One Head of a Large Family As a Head of family having huge property in his name. keeps strong hold of family matters Old Scenario

7 One Head of a Large Family Every one had to obey his decisions Old Scenario

8 One Head of a Large Family He Managed during Thick & Thin Old Scenario

9 Often Marriages of children were decided within the Family Old Scenario

10 Due to Joint Family System Cost of Living was relatively very low Old Scenario

11 There was one common kitchen with less expenses. Old Scenario

12 Cost of Education was low as children were studying in common schools

13 Old Scenario There were no luxury expenses due to simple living standards

14 Present Scenario Large Joint Families are Splitted into small single units

15 Present Scenario Mostly there is only one earning member in the family. He is struggling hard to maintain standard of living.

16 Present Scenario Cost of living is very high

17 Present Scenario Cost of education has increased manifold

18 Present Scenario Things used to be considered as luxuries are now necessities of life

19 Present Scenario Due to all these factors, the Saving is nearly eliminated

20 Death A Bitter Fact of Life SAKOON KAHEEN BHI MAISSAR NAHEEN HAY INSAN KO JANAZAY WALAY BHI SHANAY BADALTAY REHTAY HAIN

21 If a person dies having no liability His death is called Physical Death

22 If a person dies with liabilities His death is called Economical Death Which is most Dangerous for his family since he was the breadwinner.

23 Head Of Family EARNINGCAPABILITY Practically we can present these facts of life Food Shelter Clothing Old Age Livelihood Health & Medicine Daughters Marriage Assets Higher Education for Children Repayment of Loan Building Blocks of the Family Life

24 FoodShelter ClothingHealth&Medicine With out this Old Age AgeLivelihood Daughters Marriage Head Of Family EARNINGCAPABILITY Assets Higher Education for Children Repayment of Loan

25 Food Health&Medicine Retirement Assets Childrens Marriage BasicEducation Shelter Clothing Higher Education

26 Head Of Family EARNINGCAPABILITY FoodShelter Clothing Basic Education Health & Medicine Assets Higher Education With out this Childrens Marriage Retirement

27 Food Health&Medicine Retirement Assets BasicEducation Shelter Clothing Higher Education HeadofFamily Childrens Marriage

28 Care Taker Every one needs strong care taker who could maintain his future plans for his family even in his absence.

29 Insurer HeadOfFamily EARNINGCAPABILITY FoodShelter ClothingBasicEducationHealth&Medicine Retirement Assets Higher Education Childrens Marriage

30 FoodShelter ClothingBasicEducationHealth&Medicine Retirement Assets Higher Education Childrens Marriage Insurer

31 Why Life Insurance is the only substitute to meet the Future Financial Needs ?

32 Because It Provides!

33 Risk Coverage & Compulsory Saving for Future Needs

34 Saving for Old Age Livelihood One Ordinary father can support four children, but it takes four extra- ordinary children to support one father!

35 Cash Loan In case of Emergency Needs

36 Saving for Higher Education of Children

37 Saving for Marriage Of Daughters

38 Availability of Funds For Family in case of Loss of income due to Sudden death of Breadwinner.

39 Life Insurance is not the substitute of life but it is certainly a replacement of lost income.

40 State Life offers Wide Range of Plans & Supplementary Contracts Solution of Problem

41 Through Which Your Family Can Get Not Only The Amount You Have Saved So Far But Also That Amount Which You Want To Save

42 Endowment Plan To Provide Financial Assistance for: Establishment or Expansion of Business Childrens Marriage Loan Repayment Hajj or Umrah Construction of House

43 Shad Abad Plan This plan will meet the requirements of those who would like some additional cover to protect their loved ones.

44 Jeevan Sathi Plan This plan simultaneously covers the risk on the life of both Husband & Wife Or Two Business Partners to avoid financial losses of the business due to death of one partner.

45 Three Payment Plan This plan provides option for predetermined, periodic withdrawals during the currency of policy.

46 Child Education & Marriage Plan Child Education and Marriage Plan provides a viable solution, ensuring Future Financial Protection of the Children

47 Child Protection Plan Father and Child, both are covered under this plan

48 Whole Life Plan This plan provides the policyholder and his/her family with maximum protection at a minimum cost.

49 Monthly Family Budget Just allocate a small portion of your budget for your Future. The proportion depends on your future needs. 10%

50 A Small Allocation Of Funds For Insurance Will Give You A Huge Protection A Huge Protection And And Piece Of Mind.

51 Our Future is…. Our happy Family. Our happy Family.

52 THANKS! FIELD MAN POWER DEVELOPMENT DEPARTMENT DEVELOPED BY: MOSHIN ABBAS & KASHIF HASHMI F.M.D P.O, KARACH


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