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Policy Form

Home Policy Form

JEEVAN SATHI ASSURANCE

Eligible ages:-

Minimum Age (Equivalent): 20 years
Maximum Age: 50 years
Equivalent Age (Maximum) on Maturity: 70 years

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 term or till death of either of the insured persons, if earlier. The plan contains extensive benefits; an overview of which appears as under:

On the death of the first life, the sum insured will be paid to the survivor. Further premiums under the policy will be waived, but the insurance protection of the second life will continue. Also, the policy will continue to participate in profits of the Corporation. On death of the second life, again the sum insured will be paid together with the attaching bonuses. In this event the policy will terminate.

If the second life survives the term of the policy, he or she will be paid sum insured together with the attached bonuses, even though the sum insured has been paid once, on the death of the first life. If both the lives survive the term of the policy, the sum insured will be paid to them jointly, only once, together with the attached bonuses. Different supplementary covers are also available for increasing coverage under the policy. Click here for supplementary covers.

Jeevan Sathi Plan is best suited for those married couples who want to enjoy insurance coverage for a comparatively lesser premium. Moreover, housewives who are otherwise not insurable can also enjoy the benefits of insurance policy through this plan.

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    Corporate Profile

    The Life Insurance Business in Pakistan was nationalized during March 1972. Initially Life Insurance business of 32 Insurance Companies was merged and placed under three Beema Units named “A”, “B” and “C” Beema Units. However, later these Beema Units were merged and effective November 1, 1972 the Management of the Life Insurance Business was consolidated and entrusted to the State Life Insurance Corporation of Pakistan.

    Press Release

    • RS 12000/= MONTHLY SAVINGS October 10, 2017
    • PROTECT YOUR FAMILY AND THEIR FUTURE October 10, 2017
    • Monthly Saving Plan March 19, 2016
    • Protect your Child Future March 19, 2016
    • Salary Package January 1, 2016

    Contacts

    MHK Consultants, Suit#701-B, 7th Floor, Panorama Center 1 Near Atrium Mall, Fatima Jinnah Road, Saddar, Karachi
    0333-2189282/021-35630354
    [email protected]
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