insurance concept- a details presentation regarding the importance of life insurance
TRANSCRIPT
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
Often Marriages of children were decided within the Family
Old Scenario
Due to Joint Family System Cost of Living was relatively
very low
Old Scenario
There was one common kitchen with less
expenses.
Old Scenario
Old Scenario
Cost of Education was low as children were studying in common schools
Old Scenario
There were no luxury expenses due to simple living
standards
Present Scenario
Large Joint Families are Splitted into small single units
Present Scenario
Mostly there is only one earning member in the family.
He is struggling hard to maintain standard of living.
Present Scenario
Cost of living is very high
Present Scenario
Cost of education
has increased manifold
Present Scenario
Things used to be considered as luxuries are now necessities of life
Present Scenario
Due to all these factors, the Saving is nearly eliminated
Death A Bitter Fact of Life
Sakoon Kaheen Bhi Maissar Naheen Hay Insan Ko Janazay Walay Bhi Shanay Badaltay
Rehtay Hain
If a person dies having no liability
His death is called Physical Death
If a person dies with liabilities
His death is called Economical Death
Which is most Dangerous for his family since he was the breadwinner.
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
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
Food
Health &
Medicine
Retirem
ent
Ass
ets
Children’s Marriage
Basic Education
Shelter
Clothing
Higher Education
Care TakerEvery one needs
strong care taker
who could maintain his future plans
for his family even in his absence.
Insu
rer
HeadOf
Family
EARNING CAPABILITY
Food Shelter
Clothing Basic Education
Health &
Medicine
Retirement
Ass
ets
Hig
her
Educ
atio
n
Children’s Marriage
Food Shelter
Clothing Basic Education
Health &
Medicine
Retirement
Ass
ets
Hig
her
Educ
atio
n
Children’s Marriage
Insu
rer
WhyLife Insurance
is the only substituteto meet the
Future Financial Needs ?
BecauseIt
Provide’s!
Risk Coverage & Compulsory Saving for Future Needs
Saving for Old Age Livelihood
One Ordinary father can support four children, but it
takes four extra-ordinary children to support one
father!
Cash LoanIn case of Emergency Needs
Saving for Higher Educationof Children
Saving for MarriageOf
Daughters
Availability of Funds For Family in case of Loss of income due to Sudden
death of Breadwinner.
Life Insurance is not the substitute of life but it is certainly a replacement
of lost income.
State Life offers Wide Range of Plans & Supplementary Contracts
Solution of Problem
Endowment Plan
To Provide Financial Assistance for:
• Establishment or Expansion of Business
• Children’s Marriage• Loan Repayment• Hajj or Umrah• Construction of House
Shad Abad Plan
• This plan will meet the requirements of those who would like some additional cover to protect their loved ones.
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.
Three Payment Plan• This plan provides option
for predetermined, periodic withdrawals during the currency of policy.
Child Education &
Marriage PlanChild Education and Marriage Plan provides a viable solution, ensuring Future Financial Protection of the Children
Whole Life PlanThis plan provides the policyholder and his/her family with maximum protection at a minimum cost.
Monthly Family BudgetJust allocate a small portion of your budget for your Future.
Expences Savings Insurance
The proportion depends on your future needs. 10%
A Small Allocation Of Funds For
Insurance Will Give You A Huge Protection
And Piece Of Mind.
Our Future is….
Our happy Family.
THANKS!FIELD MAN POWER DEVELOPMENT DEPARTMENT
DEVELOPED BY:MOSHIN ABBAS & KASHIF HASHMI
F.M.D P.O , KARACH