State Life Insurance Corporation Of Pakistan, Lahore, Pakistan

About State Life Insurance Corporation Of Pakistan Pakistan

• 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.
  
  State Life Insurance Corporation of Pakistan is headed by a Chairman and assisted by the Executive Directors appointed by Federal Government. Up to July 2000 the Corporation was run by Board of Directors constituted under Life Insurance (Nationalization) Order 1972. In July 2000, under Insurance Ordinance 2000, the Federal Government reconstituted the Board of Directors of State Life which runs the affair of this Corporation.
  
  The basic structure of the Corporation consists of Six Regional Offices, Thirty Two Zonal Offices, a few Sub-Zonal Offices, 180 Sector Offices, and a network of 1073 Area Offices across the country for Individual Life Insurance; Four Zonal Offices and 6 Sector Offices with 21 Sector Heads for Group & Pension are involved in the Marketing of Life Insurance Plans policies and products offered by State Life and a Principal Office. The Zonal Offices deal exclusively with Sales and Marketing. Underwriting of Life Insurance Policies and the Policyholder's Services. Regional Offices, each headed by a Regional Chief, supervise business activities of the Zones functioning under them. The Principal Office, based at Karachi, is responsible for corporate activities such as investment, real estate, actuarial, overseas operations, etc.

• Objectives

  • To run life insurance business on sound line.
  • To run life insurance business on sound line.
  • To provide more efficient service to the policyholders.
  • To maximize the return to the policyholders by economizing on expenses and increasing the yield on investment.
  • To make life insurance a more effective means of mobilizing national savings.
  • To widen the area of operation of life insurance and making it available to as large a section of the population as possible, extending it from the comparatively more affluent sections of society to the common man in towns and villages.
  • To use the policyholder's fund in the wider interest of the community.

• Mission

  To remain the leading insurer in the country by extending the benefits of insurance to all sections of society and meeting our commitments to our policy holders and the nation.
  

• Quality Policy

  To ensure satisfaction of our valued policyholders in processing new business, providing after sales service and optimizing return on Life Fund through a quality culture and to maintain ourselves leading life insurer in Pakistan.

Jobs in State Life Insurance Corporation Of Pakistan

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State Life Insurance Corporation Of Pakistan Reviews

Mohammad Furqan

Sales Representative

Jan 14, 2016

Part Time, Worked from Apr 12, 2010 to Sep 15, 2010 as Sales Representative

Recommend CEO:   

Company Future:   

Pros:

Sales Managers Are Motivated And Attract Peoples Toward Them Selves For Part Time Job And Full Time Jobs.

Cons:

It Need Hard Working For People Meetings & Motivation Skills To Guide Peoples And Invite Them For Insurance

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