STATE LIFE JEEVAN SAATHI INSURANCE POLICY

Rs 12,000
Thursday, May 16, 2024
Punjab, Pakistan
Thursday, May 16, 2024 at 6:47:25 PM Pakistan Standard Time

Description

state life Jeevan Saathi Insurance policy

Whole Life Assurance

Endowment Assurance

Golden Endowment

Sadabahar Plan

Anticipated Endowment Assurance

Shad Abad Assurance

Jeevan Saathi Assurance

Child Education And Marriage Assurance

Child Protection Assurance

Sunheri Policy

Shehnai Policy

Optional Maturity Mndowment

Nigehban

Muhafaz Plus Assurance

Supplementary Covers

Committee Policy

 

1.Joint Life Insurance:

Jeevan Saathi is a joint life insurance policy designed for couples, typically spouses. Both partners are covered under a single policy, and it provides financial protection and benefits to both individuals.

2.Coverage Options:

The policy may offer various coverage options, allowing policyholders to choose the sum assured (the amount of coverage) that suits their needs and budget.

3.Survivor Benefits:

In the event of the death of one of the insured individuals, the surviving partner usually receives a lump sum payout or death benefit. This benefit can help the surviving spouse financially cope with the loss of the partner's income.

4.Maturity Benefits:

If both insured partners survive the policy term, there may be a maturity benefit paid out. This can serve as a savings component, providing a financial cushion for the future.

5.Premium Payment:

Premiums are typically paid on a regular basis, such as monthly, quarterly, semi-annually, or annually, depending on the chosen premium payment frequency.

6.Riders:

Some versions of the Jeevan Saathi policy may offer additional riders or add-ons that can be included to enhance the coverage, such as critical illness riders or disability riders.

7.Tax Benefits:

Insurance policies often come with tax benefits in Pakistan, where premiums paid and benefits received may be eligible for tax deductions or exemptions. The tax laws and regulations can vary, so it's essential to consult with a tax advisor or the insurance company for specific details. Remember that insurance policies can vary in terms and conditions, so it's crucial to carefully read and understand the policy documents and consult with a State Life Insurance representative to tailor the policy to your specific needs and get the most accurate and updated information about the State Life Jeevan Saathi Insurance policy.

People who live outside the country can also contact 0092-333-5697520


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