State Life insurance slides presentation

1. STATE LIFE
Insurance corporation of Pakistan

2. INTRODUCTION
• The State Life Insurance Corporation of Pakistan, commonly known as State
Life or SLIC, is the largest life insurance company in Pakistan and is one of the
largest companies in Pakistan by assets. It maintains an agency network of around
200,000 sales personnel.
• The State Life is headed by a chairman, currently Shoaib Javed Hussain. The
Chairman is assisted by four directors. The Chairman and directors of State Life are
all appointed by the Government of Pakistan. The Principal Office of State Life is
situated in Karachi.
• 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 a Board of Directors constituted under Life Insurance
(Nationalization) Order 1972.

3. ORGANIZATIONAL STRUCTURE
• The basic structure of the Corporation consists of Seven Regional Offices, Thirty-Three Zonal Offices, a few Sub-Zonal
Offices, 200 Sector Offices, and a network of 1227 Area Offices across the country for Individual Life Insurance
• Four Zonal Offices and 6 Sector Offices with 20 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 in Karachi, is responsible for corporate activities such as investment

4. OBJECTIVES
To run a life insurance business on sound line. To
provide more efficient service to the policyholders.
maintaining a strong customer base by providing
high-quality services and products.
To make life insurance a more effective means of
mobilizing national savings.

5. MISSION
• Financial security and protection for our client’s Commitment and fairness to our agent Respect
and opportunity for our employees Increasing value and reward for our shareholders
• To remain the country's leading insurer by extending insurance benefits to all sections of society and
meeting our commitments to our policyholders and the nation.

6. HIERARCHAL STRUCTURE

7. QUALITY POLICIES
To ensure the satisfaction of our valued policyholders in
processing new business, providing after-sales service, and
optimizing return on Life Fund through a quality culture.

8. INDIVIDUAL LIFE PLANS
WHOLE LIFE
ASSURANCE
ENDOWMENT
ASSURANCE
SHAD ABAD
ASSURANCE
ANTICIPATED
ENDOWMENT
ASSURANCE

9.  Group Life & Pension Plans
 Term Insurance Scheme
 Provident Fund Insurance Scheme
 Pay Continuation Scheme
 Group Pension Scheme
 Health Insurance
 Health Care Plans

10. BANCASSURANCE
Sales and Policy Financial Products Partner Banks

11. CLAIMS
 Unclaimed Life Insurance
 Procedure for Maturity Claims
 Procedure for Death Claims

12. CIA (CONFIDENTIALITY, INTEGRITY AVAILABILITY)
Confidentiality is roughly equivalent to privacy. Confidentiality
measures are designed to prevent sensitive information from
unauthorized access attempts.
It is common for data to be categorized according to the amount
and type of damage that could be done if it fell into the wrong
hands
Integrity involves maintaining the consistency, accuracy and
trustworthiness of data over its entire lifecycle

13. SHOAIB JAVED
• Senior Information Security engineer State Life
Insurance Corporation
• Working as an information security, risk
assessment, and management professional.
• He is a qualified professional who has more
than 15 years of experience in Risk
Management and Penetration