Insurance concept- A details presentation regarding the importance of Life Insurance

Post on 16-Apr-2017

1.356 views 0 download

Transcript of Insurance concept- A details presentation regarding the importance of Life Insurance

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