state life insurance corporation of pakistan our culture & responsibilities

51
State Life Insurance Corporation of Pakistan

Upload: jena-huckstep

Post on 28-Mar-2015

229 views

Category:

Documents


4 download

TRANSCRIPT

Page 1: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

State Life Insurance Corporation of Pakistan

Page 2: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Our Culture &

Responsibilities

Page 3: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

One Head of a Large Family

Old Scenario

He was the decision maker and caretaker of the whole family

Page 5: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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

Page 6: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

One Head of a Large Family

Every one had to obey his decisions

Old Scenario

Page 7: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

One Head of a Large Family

He Managed during Thick & Thin

Old Scenario

Page 8: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Often Marriages of children were decided within the Family

Old Scenario

Page 9: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Due to Joint Family System Cost of Living was relatively

very low

Old Scenario

Page 10: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

There was one common kitchen with less

expenses.

Old Scenario

Page 11: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Old Scenario

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

Page 12: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Old Scenario

There were no luxury expenses due to simple living standards

Page 13: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

Large Joint Families are Splitted into small single units

Page 14: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

Mostly there is only one earning member in the family.

He is struggling hard to maintain standard of living.

Page 15: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

Cost of living is very high

Page 16: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

Cost of education

has increased manifold

Page 17: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

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

Page 18: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Present Scenario

Due to all these factors, the Saving is nearly eliminated

Page 19: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Death A Bitter Fact of Life

SAKOON KAHEEN BHI MAISSAR NAHEEN HAY INSAN KO JANAZAY WALAY BHI SHANAY BADALTAY

REHTAY HAIN

Page 20: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

If a person dies having no liability

His death is called Physical Death

Page 21: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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 22: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

HeadOf

Family

EARNING CAPABILITY

Practically we can present these facts of life

Food Shelter

ClothingOld

Age Livelihood

Health &

Medicine

Daughters MarriageAssets

Higher Educationfor Children Repayment of Loan

Bu

ildin

g B

loc

ks o

f th

e F

amily

Lif

e

Page 23: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Food Shelter

ClothingHealth

&Medicine

With out this

Old Age

Livelihood

Daughters Marriage

HeadOf

Family

EARNING CAPABILITY

Assets

Hig

her

Ed

ucati

on

for

Ch

ild

ren

Repayment of Loan

Page 24: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Food

Health &

Medicine

Retire

men

t

Ass

ets

Children’s Marriage

Basic Education

Shelter

Clothing

Higher Educatio

n

Page 25: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

HeadOf

Family

EARNING CAPABILITY

Food Shelter

ClothingBasic

Education

Health &

Medicine

Assets

Hig

her

Ed

ucati

on

With out this

Children’s Marriage Retirement

Page 26: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Food

Health &

Medicine

Retire

men

t

Ass

ets

Basic Education

Shelter

Clothing

Higher EducationHead

ofFamily

Children’s Marriage

Page 27: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Care TakerEvery one needs

strong care taker

who could maintain his future plans

for his family even in his absence.

Page 28: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Insu

rer

HeadOf

Family

EARNING CAPABILITY

Food Shelter

ClothingBasic

Education

Health &

Medicine

Retirement

Ass

ets

Hig

her

Edu

cati

on

Children’s Marriage

Page 29: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Food Shelter

ClothingBasic

Education

Health &

Medicine

Retirement

Ass

ets

Hig

her

Edu

cati

on

Children’s Marriage

Insu

rer

Page 30: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

WhyLife Insurance

is the only substituteto meet the

Future Financial Needs ?

Page 31: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

BecauseIt

Provide’s!

Page 32: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Risk Coverage & Compulsory Saving for Future Needs

Page 33: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Saving for Old Age Livelihood

One Ordinary father can support four children, but it

takes four extra-ordinary children to support one

father!

Page 34: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Cash LoanIn case of Emergency Needs

Page 35: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Saving for Higher Educationof Children

Page 36: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Saving for MarriageOf

Daughters

Page 37: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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

death of Breadwinner.

Page 38: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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

of lost income.

Page 39: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

State Life offers Wide Range of Plans & Supplementary Contracts

Solution of Problem

Page 40: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Through WhichYour Family Can Get

Not Only The Amount You Have Saved So Far

But Also That Amount Which

You Want To Save

Page 41: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Endowment Plan

To Provide Financial Assistance for:

• Establishment or Expansion of Business

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

Page 42: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Shad Abad Plan

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

Page 43: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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 44: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Three Payment Plan

• This plan provides option for predetermined, periodic withdrawals during the currency of policy.

Page 45: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Child Education &

Marriage Plan

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

Page 46: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Child Protection Plan

Father and Child, both are covered under this plan

Page 47: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Whole Life Plan

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

Page 48: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

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 49: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

A Small Allocation Of Funds For

Insurance Will Give You A Huge Protection

And Piece Of Mind.

Page 50: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

Our Future is….

Our happy Family.

Page 51: State Life Insurance Corporation of Pakistan Our Culture & Responsibilities

THANKS!FIELD MAN POWER DEVELOPMENT DEPARTMENT

DEVELOPED BY:MOSHIN ABBAS & KASHIF HASHMI

F.M.D P.O , KARACH