Sunday, October 17, 2010

STATE LIFE INSURANCE POLICIES

Period between Survival Benefit due date & maturity date

Special Reversionary Bonus per Rs.1000 Survival Benefit

Period between Survival Benefit due date and maturity date

Special Reversionary Bonus per Rs.1000 Survival Benefit

20 years

Rs. 3,165

9 years

Rs. 1,005

18 years

Rs. 2,765

8 years

Rs. 845

16 years

Rs. 2,350

7 years

Rs. 695

14 years

Rs. 1,940

6 years

Rs. 555

12 years

Rs. 1,545

5 years

Rs. 420

10 years

Rs. 1,175

4 years

Rs. 300





Special Reversionary Bonus

This bonus is only intended Profit-Pak rupee Endowment Assurance policy. If the insured to provide survival benefit is the life of the State Special Bonus is added to the property within six months from date of survival benefit. Policies, which were valid for the entire sum insured that the benefits of survival is due to expire in 2010, the insured chooses to leave, the assets of the special bonuses are permitted as above


Terminal Bonus terminal bonus


is available to anyone with a political victory of Pak rupee valid for the entire sum insured, unless the policy should Endowment. It paid only at maturity or death before the life insured in 2010 and provides no surrender value. Condition of the right of this bonus is that more than ten years of contribution against the policy. Currently, the number of bonus is Rs.50 per thousand sum is confirmed each year, the fee will be paid in 10 years requires more than Rs.1000 per thousand sum insured. Consult your State Life Zone office the other terms and conditions of this bonus, and details of any bonus related to politics


Special bonus special terminal

Terminal on current rates is available to anyone with Pak Rupee policies benefit in effect for the full amount guaranteed. It is payable at maturity of the policy in 2010 and has no cash value. It is attached to policies where the Family Income Benefit (FIB) additional coverage was in force for over 10 years. Currently special terminal bonus is Rs.10 per thousand sum assured for each base year for over ten years FIB has been in effect, provided that one of the 200 rupees per thousand of the maximum sum assured. This premium is also payable under the policy of child protection and child education and marriage plan has integrated FIB. Contact your state of life office areas for other terms and conditions in connection with this bonus, and the details of total bonuses attached to your policy.

Millennium bonus

Goals bonus was announced in the actuarial valuation as at December 31, 2000 for all policies with Pakistan rupee profit. Be paid in full upon maturity or death before the insured. To redeem this bonus, a policy must be valid for the total sum insured at December 31, 2000 and 2001 premiums must be paid in 2001. The subsidy rate is Rs.51 per thousand sum assured. This is just one more than once. Millennium Bono also acquires a surrender value of policies in force if the full year for five years premiums have been paid and the policy in force for at least five years, the full policy. Contact your state of life zone for the other terms and conditions of this bond and the details of total bonuses attached to your policy.

Golden Jubilee Bonus


This bonus was announced in the actuarial valuation at 31 December 1996 for all profits policy with Pak rupee at the fiftieth anniversary of independence of Pakistan. It is payable at maturity of the policy or early death of the life insured and has no cash value. To redeem this bonus, a policy that applies to the entire amount guaranteed for 31 December 1996 and premiums due in the year 1997 payable in 1997. The subsidy rate is Rs.50 per thousand sum assured. This is just a time bonus. Contact your state of life office areas for other terms and conditions in connection with this bonus, and the details of total bonuses attached to your policy.



Specified Major Surgical Benefit

Defined the main advantages of surgery was reported in 1992, actuarial valuation. This advantage was maintained in 2009 revaluation. This benefit is available to all and the policy of non-profit, which is in full force at December 31, 2009, and has continuously maintained for at least five years of full policy after surgery. The biggest advantage of these policies is Rs. 250 000 / -. If, however, is a non-profit policy is completely valid for the year December 31, 2009, and continues to be valid for at least ten years, the full policy after surgery, the biggest advantage of these policies is Rs. 500, 000 / -.


These policies, if the life insured suffers a specified major surgery during the period between the assessment of January 1, 2010 to December 31, 2010, on account of a terrible disease specified, the Company to pay 50% of the basic insurance [if given the staffing plan, 50% of the amount remaining after deduction provided a survival advantage because (s)], by paying above the specified maximum. The amount payable will be adjusted in future payments of politics as survivors benefits, claims or demands on the maturity of death.





STATE LIFE BONUSES ASSURANCE

Reversionary Bonuses per thousand of sum assured to with profit Pak Rupee policies

Description of Plans

For first five
policy year

From 6th
policy year to
16th policy year

From 17th
policy year
onwards

Whole Life

60

110

150

Endowments *

Term of policy (in years)

20 years and over

50

94

130

15 to 19 years inclusive

35

81

81

14 years and less

20

66

-

Sada Bahar Plan

Term of policy (in years)

20 years and over

44

15 to 19 years inclusive

31

14 years and less

24

Anticipated Endowments **

Term of policy (in years)

20 years and over

35

69

100

15 to 19 years inclusive

25

59

59

14 years and less

19

53

-

STATE LIFE INSURANCE

WHOLE LIFE ASSURANCE POLICIES

This is a unique combination of protection and savings on a very low price. Death at any time before the age of 85 years will stop paying premiums and premiums and bonuses paid wages. In the case of the insured survives the policy anniversary at age 85 years, the maturity of the contract and the sum assured plus bonuses. Under this plan, premium rates are generally much higher than other plans and they help to increase not only protection but also the element of the policy of substantial investment. This plan is best suited for youth who have early stages of their careers and can not afford to pay high premiums. People who expect to request a lump sum in the distant future may also choose this plan.

PAKISTAN POSTAL LIFE INSURANCE


Postal Life Insurance is the oldest organization of its kind in the subcontinent. Built by the British Raj in 1884, initially to provide life-line runners, became gradually extended its services to other public officials as well. However, its benefits were not available to the public until the 1947th After independence, life appeared as a postal central actor in life insurance and offers his services to everyone.



Postal Life Insurance is the brain child of Finance. Pak Post is acting as its agent. However, Director General Pakistan Post is the only responsible, organize and control its operation and marketing of various products. Poste Vita is exempt from corporate and income. All the money invested in the Post Office Insurance Fund oversees the Treasury. Pak Post could force the government to return to the rates of return on investment. This policy guarantees the security of the fund, an attractive return and increase public confidence.
Postal Life is an unbeatable presence in the countryside, because of its broad-mail. Each post is taken. This gives the Postal Life a huge advantage over its competitors in the industry and helps to provide a wide range of insurance policies to customers at the lowest premium, while ensuring the highest bonus on investment. About purchasing policy of any local Deputy Director Postal Life Insurance can be contacted in Pakistan. Deputy Clerks PLI are mainly located in post offices generally. A query for clarification, or resolve, Vice PLI are priorities. Deputy Director General of works dealing with Islamabad in Pakistan Post office G-8 / 4. Phone 92-51-9261571.

Postal Life Insurance Offers 10 profitable options

  • Whole life policy
  • Joint life endowment policy
  • Education and marriage endowment assurance
  • Accidental death and permanent disability benefit contract
  • Annuity policies
  • Endowment policy
  • Anticipated endowment (three payment) plan
  • Child protection policy
  • Non medical policy
  • Group insurance

Special Features

  • Lowest premium rates
  • All policies including paid up participate in profits
  • Premium payable on monthly basis and only up to the month of claim
  • Payment of premium in cash at any post office in Pakistan
  • No maximum limit for ordinary policies
  • Revival of lapsed policies on easy terms
  • Loan on policies
  • Highest rate of bonus
  • Open to all
  • Rebate on advance payment of premia
  • Payment of premia through salary bill deduction
  • Non-lapsing of policies of two years duration
  • Liberal surrender value of PLI policies
  • Payment guaranteed by Government of Pakistan

Insurance Information Institute


Premiums for workers comp industry has dropped 23 percent nationally between 2007 and 2009 is partly due to economic slowdown, job losses particularly in manufacturing and construction, and intense competition among workers compensation insurers for market share. On the positive side, the number of reported injuries continues to decline, lost time claims fell by 4 percent in 2009 (and 54 per cent since 1991), the workplace becomes safer.

Saturday, October 2, 2010

What is Auto Insurance(posted on 3-10-2010)



Auto insurance

Car insurance helps you protect yourself and your family against financial loss in case of accident or other cause of loss. It covers injuries and damages caused by an accident for which you are legally responsible. It can also cover the cost of repairing or replacing your vehicle if it is damaged or stolen.


What if I don't have car insurance?

In most states, you must have a minimum amount of liability insurance (or bond) and provide proof of insurance before you can register your vehicle or renew your driver's license. If you are caught driving without auto insurance, you may have to pay a large fine, have a license suspended, and / or impounded his car. Contact your local farmers to know what the specific requirements of your insurance quotes car state.

Auto insurance coverage

The required minimum coverage may be sufficient to pay all damages resulting from an accident and the driver legally liable to pay additional costs out of pocket. You can talk to an agent for treating best auto insurance coverage for your needs and your budget.

How can I keep my auto premiums down?



Generally, the longer you drive without major citations or accidents, the premium. You can also get discounts on safety features in cars. Farmers offers a political strategy to keep prices stable throughout the year. We calculate the premiums for the year and not have to worry about changes in the entire 12 months. E 'FarmersFlex program also allows you to lock your interest rates and the forgiveness of an injury up to 3 years. Also, if you convince the other cars or houses, farmers can save all the contributions. For more information contact your Farmers agent.

Why should I insure my car with Farmers?

With farmers, you get a professional local agent who can offer you insurance coverage to meet your auto, home, life and the needs of small business insurance, which simplifies your life and you can store discounts multiple lines. Your local farmers can you talk about what discounts you may qualify. Operators are required to meet customer needs with exceptional service and customer demands.

Financial Products Overview (posted on 3-10-2010)

Financial Solutions, LLC offers mutual funds, variable universal life insurance and variable annuities. Your Farmers insurance and financial agent for help in the financial strategy that fits your needs and goals. So if it comes to saving for retirement, college, or to protect your family farmers ® can help you towards your financial goals and dreams.

Motorcycle Insurance Overview

This is the road open leather and chrome, the defects of your teeth. When you're riding the last thing you want to worry about whether you have the right insurance policy. Choose the motorcycle insurance that gives you real peace of mind while driving. Farmers offers motorcycle insurance through Foremost ®, the national leader in specialty insurance. Our specialized motorcycle policy provides safeguards standard and optional features, including coverage for accessories, safety equipment and much more. We accept a wide range of motorcycles,