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1GROUP MEMBERARIF HUSSAIN SHAZMINA

PRESENTATION TOPIC NAME 1:-VIDEO OF STATE LIFE ADVERTISEMENT 2:-INSURANCE3:-BUILDING BLOCKS OF FAMILY LIFE 4:-GERNAL TYPES OF INSURANCE 4:-HISTORY OF STATE LIFE INSURANCE 5:-TYPES OF STATE LIFE INSURANCE POLICYES6:-GROUP AND PENSION TYPE OF INSURANCE 6:- HOW TO GIVES THE BONUSES 8:- RANKING OF STATE LIFE STAFF 9:-COMMERCIAL BULDINGS OF STATE LIFE INSURANCE COMPANY10:-VEDIO ABOUT STATE LIFE COMPANY COVERS THE TOPICS IN THE PRESENTATION 4VIDEO OF STATE LIFE ADVERTISEMENT A company that provides coverage, it the form of compensation resulting form Loss, damages, injury , treatment , the loss to determine the premium amount DEFINITION OF INSURANCE COMPANY INSURANCEDEFINITION OF INSURANCE 'Insurance' A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from aninsurance company. INSURED The person, group, or organization whose life or property is covered by aninsurancepolicy. The person, group, or organization whose life or property is covered by aninsurancepolicy. INSURED

BUILDING BLOCKS OF FAMILY LIFE

HISTORY OF STATE LIFE INSURANCE COMPANY The state life insurance corporation of Pakistan was establish November 1 ,1972.. The state life head office is located at Karachi The state life is biggest life insurance corporation in Pakistan TYPES OF STATE LIFE INSURANCE COMPANY ENDOWMENT ASSURANCEWHOLE LIFE ASSURANCE CHILD EDU & MARRIAGE ASSURANCEJEEVAN SATHI ASSURANCE SHAD ABAD ASSURANCE COMMITTEE POLICY

Endowment is type of permanent life insurance in which the premium paying period is shorter than whole life insurance and the insurance amount is paid out within a certain period (10-20 yrs) or when the insured reaches a certain age.ENDOWMENT ASSURANCE Minimum Age:10 yearsMaximum Age:65 yearsAge (Maximum) on Maturity : Age 75 yearsEligible agesWHOLE LIFE ASSURANCE Eligible agesMinimum Age:15 yearsMaximum Age:60 yearsAge (Maximum) on Maturity : Age 90 yearsAlife insurance contract with levelpremiums that has both an insurance and an investment component. The insurance component pays a stated amount upon death of the insured. The investment component accumulates a cash value that the policyholder can withdraw or borrow against.

Child Education & Marriage Assurance is a plan for the protection of childs future. It provides a lump sum benefit for the child at the completion of the policy term. On completion of term of the policy, full sum insured together with the accrued bonuses become payable to the policyholder. Minimum Age: 20 yearsMaximum Age: 60 yearsAge (Maximum) on Maturity: 70 yearCHILDREN EDU & MARRIAGE ASSURANCEEligible ages

Plan is best suited for those Married couples who want to enjoy insurance coverage for a comparatively lesser premium. Moreover, housewives who are otherwise not insurable can also enjoy the benefits of insurance policy through this plan. This is a joint life plan and covers lives of two partners say Husband and Wife simultaneously. Minimum Age (Equivalent):20yearsMaximum Age:50 yearsEquivalent Age (Maximum) on Maturity:70 years

JEEVAN SATHI ASSURANCE PLAN Eligible ages:-Sadabahar is an anticipated endowment type with-profit plan that provides lump sum benefit at certain stages during the premium-paying term or on earlier death. In addition, this plan has a built-in Accidental Death Benefit (ADB) rider so that the policyholder gets an additional sum assured in case of death due to an accident.This policy will participate in State Life's surplus. Rates of bonus applicable will be 25% higher than those on anticipated endowment plan.SADBAHAR ASSURANCEBonusesCommittee Policy is exclusive short term saving plan that offers an approximated amount of money at specified time according to terms of policy or on death. The plan is based on Pakistani Rupees and so all payments and claim will be payable in PKR ..

COMMITTEE POLICY Provident Fund Insurance Scheme House Building and Perquisites Insurance SchemePay Continuation SchemeGroup Endowment insurance SchemeGroup Pension SchemePrivate Education

Group life & Pension Plans If the life insured commits suicide within thirteen months from the date this policy was signed or within thirteen months from the date this policy was last revived then State Life will only return premiums actually received under this policy

SuicideLoansState Life may grant a loan to the policyholder on his/her written request, against the net surrender value of the policy. The amount of loan shall not exceed 80% of the said net surrender value State Life at the time of granting the loan. Loans of less than Rs.100/- will not be given. Terminal bonus is available for all with profit Pak Rupee policies in force for the full sum assured, except Anticipated Endowment policies. It is payable only on maturity or earlier death of the life insurer

HOW TO GIVES THE BONUSES Terminal BonusSpecial Terminal bonus, at present rates, is available for all with profit Pak Rupee policies in force for the full sum assured. It is payable on maturity of the policySpecial Terminal BonusPeriod between Survival Benefit due date & maturity dateSpecial Reversionary Bonus per Rs.1000 Survival BenefitPeriod between Survival Benefit due date and maturity dateSpecial Reversionary Bonus per Rs.1000 Survival Benefit20 yearsRs. 3,1659 yearsRs. 1,00518 yearsRs. 2,7658 yearsRs. 84516 yearsRs. 2,3507 yearsRs. 69514 yearsRs. 1,9406 yearsRs. 55512 yearsRs. 1,5455 yearsRs. 42010 yearsRs. 1,1754 yearsRs. 30021

RANKING OF STATE LIFE STAFF

COMERCIAL BUILDINGS OF STATE LIFE

FROM PRESENTAION TOPIC 25Q1 :- WHEN STATE LIFE IS ESTABLISHRD? A- 1975 B-1976 C-1972 D-1978 E-1979Q:-2 HEAD OFFICE OF STATE LIFE IN WHICH CITY A:- KARACHI B:-ISLAMABAD C:-LAHORE D:- MULTAN E-RAWALPINDI Q:-3 HOW MANY BUILDING BLOCKS ARE IN FAMILY ARE PRESENTEDA : 7 B-10 C-9 D-12 E- 6 Q:-04 HOW MANY STATE LIFE INSURANCES ARE DISUCSS IN THE PRESENTATION A -5 B-7 C-6 D-4 E-8 Q05:-HOW MANY EXTRA BONOUS GIVING IN THE SADABHAR ASSURANCE A-22% B- 15% C-30 % D- 25% E-20 Q:-6HOW MUCH STATE LIFE IS GIVING THE LOAN TO POLICYHOLDER A- 75% B-80% C- 60 % D-90% E-50%Q:-7 HOW MANY STAPES IN THE STATE LIFE EMPLOYES FOR PROMOTION SALES REPORTER TO CHAIRMAN ?A-6 B-9 C-8 D-5 E-10Q08:-HOW MANY BUILDING IN PAKISTAN A-50 B-52 C-29 D-23 E-60Q:-09WHAT IS MINIMUM LIFE OF THE JAVAN SATHI ASSURANCE IS A-18 B-24 C-20 D-25 E-26Q:-10 WHAT IS THE MINIMUM AGE IN THE ENDOMENT ASSURANCE A-15 B-20 C-18 D-10 E-12 ANSWERS OF THE QUESTIONSQ:1 .. C,,,1972

Q:2 .. A,,,KARACHI

Q:3 .. B,,,,10 Q:4 .. C,,,,6

Q:5 .. D,,,,25% Q:6 . B,,,80% Q:7 .. C,,,8

Q:8 .. B,,,,52

Q:9 . C,,,,20

Q:10 . D,,,,10 SESSION OF INSURACE POLICY DOCUMENTS OF STATE LIFE CUSTOMSER