Search results
Results from the WOW.Com Content Network
Insurance in Pakistan is regulated under the Insurance Ordinance, 2000. It is divided into three components: life insurance, general insurance and health insurance.The Government of Pakistan established the Department of Insurance in April 1948 as a department of the Ministry of Commerce; the aim of this department is to take care of affairs related to the insurance industry.
The State Life Insurance Corporation of Pakistan (SLIC) (Urdu: اسٹیٹ لائف انشورنس), commonly known as State Life, is a Pakistani state-owned life insurance company based in Karachi. [2] [3] The State Life is headed by a chairman, currently Shoaib Javed Hussain. The chairman is assisted by four directors.
In 1992, the Government of Pakistan opened up life insurance to the private sector and EFU Life Assurance Ltd. was incorporated in 1992 as the first private sector life insurance company. EFU commenced writing group life insurance business in the same year, individual life business in 1994 and is today the largest life insurance company in the ...
Voluntary life insurance is an optional group life insurance policy offered by select employers, usually at a discounted rate. It may be a beneficial option for people with chronic health ...
Permanent life insurance policies, such as whole life or universal life, are designed to provide lifelong coverage, with maximum coverage ages ranging from 95 to 121, and typically include a cash ...
When choosing a life insurance company, search the website and look at the policy options. The best life insurance company for you may offer a combination of coverage options that fit your ...
Jubilee Insurance is a Pakistani general and life insurance company headquartered in Karachi. It is a subsidiary of Swiss for-profit organization Aga Khan Fund for Economic Development . [ 1 ] As of 2016 [update] , it was one of the largest insurance companies in Pakistan.
Their family could miss out on much-needed money to cover the loss of income, pay off … Continue reading → The post How to Find Out If Someone Has Life Insurance appeared first on SmartAsset Blog.