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Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the “benefits”) upon the death of the insured person.
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Endowment Assurance
It’s a safest and surest method of guaranteed cash provision either at a specified time or at death (Allah forbid). Under these policies, the sum …
Anticipated Endowment Assurance
This is a modified form of endowment assurance and is also called ‘Three Payment Plan’. Besides fulfilling the long-term financial needs, it …
Jeevan Saathi Assurance
This is a joint life plan and covers lives of two partners say husband and wife simultaneously. Premiums are payable till the end of the specified…
Shad Abad Assurance
Shad Abad Plan is an extended form of endowment assurance. The benefits under the policy increase manifold in the event of death of the life insured…
Child Education & Marriage Plan
Child Education & Marriage Plan is a plan for the protection of child’s future. It provides a lump sum benefit for the child at the completion of the …
Child Protection Assurance
This is a joint life assurance and covers the lives of child and either of the parents. If the policyholder and the child both survive full term of the policy…
Wealth Builder Plan
There is a large work force of expatriates in the Middle East. These people go out of their countries in search of better employment opportunities…
Supplementary Covers
State Life offers a number of supplementary covers to enhance coverage under different plans. These supplementary covers can be attached…
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