insurance concept- a details presentation regarding the importance of life insurance

43

Click here to load reader

Upload: wali-ahmed

Post on 16-Apr-2017

1.357 views

Category:

Business


0 download

TRANSCRIPT

Page 1: Insurance concept- A details presentation regarding the importance of Life Insurance

State Life Insurance Corporation of Pakistan

Page 2: Insurance concept- A details presentation regarding the importance of Life Insurance

Our Culture &

Responsibilities

Page 3: Insurance concept- A details presentation regarding the importance of Life Insurance

One Head of a Large Family

Old Scenario

All Earning Members Deposit their income with the Head of Family

thus creating a Pool

Page 4: Insurance concept- A details presentation regarding the importance of Life Insurance

Often Marriages of children were decided within the Family

Old Scenario

Page 5: Insurance concept- A details presentation regarding the importance of Life Insurance

Due to Joint Family System Cost of Living was relatively

very low

Old Scenario

Page 6: Insurance concept- A details presentation regarding the importance of Life Insurance

There was one common kitchen with less

expenses.

Old Scenario

Page 7: Insurance concept- A details presentation regarding the importance of Life Insurance

Old Scenario

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

Page 8: Insurance concept- A details presentation regarding the importance of Life Insurance

Old Scenario

There were no luxury expenses due to simple living

standards

Page 9: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

Large Joint Families are Splitted into small single units

Page 10: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

Mostly there is only one earning member in the family.

He is struggling hard to maintain standard of living.

Page 11: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

Cost of living is very high

Page 12: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

Cost of education

has increased manifold

Page 13: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

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

Page 14: Insurance concept- A details presentation regarding the importance of Life Insurance

Present Scenario

Due to all these factors, the Saving is nearly eliminated

Page 15: Insurance concept- A details presentation regarding the importance of Life Insurance

Death A Bitter Fact of Life

Sakoon Kaheen Bhi Maissar Naheen Hay Insan Ko Janazay Walay Bhi Shanay Badaltay

Rehtay Hain

Page 16: Insurance concept- A details presentation regarding the importance of Life Insurance

If a person dies having no liability

His death is called Physical Death

Page 17: Insurance concept- A details presentation regarding the importance of Life Insurance

If a person dies with liabilities

His death is called Economical Death

Which is most Dangerous for his family since he was the breadwinner.

Page 18: Insurance concept- A details presentation regarding the importance of Life Insurance

HeadOf

Family

EARNING CAPABILITY

Practically we can present these facts of life

Food Shelter

ClothingOld

Age Livelihood

Health &

Medicine

Daughters Marriage Assets

Higher Education

for Children Repayment of Loan

Bui

ldin

g B

lock

s of

th

e Fa

mily

Life

Page 19: Insurance concept- A details presentation regarding the importance of Life Insurance

Food Shelter

ClothingHealth

&Medicine

With out this

Old Age

Livelihood

Daughters Marriage

HeadOf

Family

EARNING CAPABILITY

Asse

t s

Hig

her

Educ

atio

nfo

r Ch

ildre

n

Repayment of Loan

Page 20: Insurance concept- A details presentation regarding the importance of Life Insurance

Food

Health &

Medicine

Retirem

ent

Ass

ets

Children’s Marriage

Basic Education

Shelter

Clothing

Higher Education

Page 21: Insurance concept- A details presentation regarding the importance of Life Insurance

Care TakerEvery one needs

strong care taker

who could maintain his future plans

for his family even in his absence.

Page 22: Insurance concept- A details presentation regarding the importance of Life Insurance

Insu

rer

HeadOf

Family

EARNING CAPABILITY

Food Shelter

Clothing Basic Education

Health &

Medicine

Retirement

Ass

ets

Hig

her

Educ

atio

n

Children’s Marriage

Page 23: Insurance concept- A details presentation regarding the importance of Life Insurance

Food Shelter

Clothing Basic Education

Health &

Medicine

Retirement

Ass

ets

Hig

her

Educ

atio

n

Children’s Marriage

Insu

rer

Page 24: Insurance concept- A details presentation regarding the importance of Life Insurance

WhyLife Insurance

is the only substituteto meet the

Future Financial Needs ?

Page 25: Insurance concept- A details presentation regarding the importance of Life Insurance

BecauseIt

Provide’s!

Page 26: Insurance concept- A details presentation regarding the importance of Life Insurance

Risk Coverage & Compulsory Saving for Future Needs

Page 27: Insurance concept- A details presentation regarding the importance of Life Insurance

Saving for Old Age Livelihood

One Ordinary father can support four children, but it

takes four extra-ordinary children to support one

father!

Page 28: Insurance concept- A details presentation regarding the importance of Life Insurance

Cash LoanIn case of Emergency Needs

Page 29: Insurance concept- A details presentation regarding the importance of Life Insurance

Saving for Higher Educationof Children

Page 30: Insurance concept- A details presentation regarding the importance of Life Insurance

Saving for MarriageOf

Daughters

Page 31: Insurance concept- A details presentation regarding the importance of Life Insurance

Availability of Funds For Family in case of Loss of income due to Sudden

death of Breadwinner.

Page 32: Insurance concept- A details presentation regarding the importance of Life Insurance

Life Insurance is not the substitute of life but it is certainly a replacement

of lost income.

Page 33: Insurance concept- A details presentation regarding the importance of Life Insurance

State Life offers Wide Range of Plans & Supplementary Contracts

Solution of Problem

Page 34: Insurance concept- A details presentation regarding the importance of Life Insurance

Endowment Plan

To Provide Financial Assistance for:

• Establishment or Expansion of Business

• Children’s Marriage• Loan Repayment• Hajj or Umrah• Construction of House

Page 35: Insurance concept- A details presentation regarding the importance of Life Insurance

Shad Abad Plan

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

Page 36: Insurance concept- A details presentation regarding the importance of Life Insurance

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.

Page 37: Insurance concept- A details presentation regarding the importance of Life Insurance

Three Payment Plan• This plan provides option

for predetermined, periodic withdrawals during the currency of policy.

Page 38: Insurance concept- A details presentation regarding the importance of Life Insurance

Child Education &

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

Page 39: Insurance concept- A details presentation regarding the importance of Life Insurance

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

Page 40: Insurance concept- A details presentation regarding the importance of Life Insurance

Monthly Family BudgetJust allocate a small portion of your budget for your Future.

Expences Savings Insurance

The proportion depends on your future needs. 10%

Page 41: Insurance concept- A details presentation regarding the importance of Life Insurance

A Small Allocation Of Funds For

Insurance Will Give You A Huge Protection

And Piece Of Mind.

Page 42: Insurance concept- A details presentation regarding the importance of Life Insurance

Our Future is….

Our happy Family.

Page 43: Insurance concept- A details presentation regarding the importance of Life Insurance

THANKS!FIELD MAN POWER DEVELOPMENT DEPARTMENT

DEVELOPED BY:MOSHIN ABBAS & KASHIF HASHMI

F.M.D P.O , KARACH