Life insurance,
explained simply.

State Life Insurance Corporation of Pakistan is a government-owned life insurance company established in 1972. It is the largest life insurer in the country with over 11,000 offices. Since it is owned by the federal government, your investment carries a sovereign guarantee — meaning your money is as safe as government savings certificates.

It depends on your age, the plan you choose, and how much coverage you want. For example, a 30-year-old getting a Platinum Plus policy for Rs 5 lakh sum assured would pay roughly Rs 1,40,000 per year for just 3 years. Use our premium calculator above to get an exact number for your situation.

Platinum Plus (Table 91) is one of State Life's most attractive plans. You pay premiums for just 3 years but stay covered for 10 years. The bonus rate is 50% higher than regular endowment plans, which means your maturity payout is significantly better. It is available for adults (20-65) and even children (1-19).

Your nominated beneficiary (usually spouse or children) will receive the full sum assured plus any declared bonuses, regardless of how many premiums you have paid. If you have added the Accidental Death Benefit (ADB), and the death is accidental, an additional sum equal to the sum assured is paid — effectively doubling the payout.

Yes. Tayyab Takaful is State Life's fully Shariah-compliant range. It includes Savings, Endowment, Child Education, and Golden Endowment variants. These plans are supervised by an independent Shariah advisory board and follow Takaful principles for fund management, while carrying the same government guarantee.

Absolutely. The Child Education and Marriage Plan (Table 75/76) is specifically designed for this. Parents, grandparents, or even uncles and aunts can take out a policy on a child's behalf. The policy matures when the child turns 18, 21, or 25. If the policyholder passes away, all future premiums are waived and the child still gets the full maturity benefit.

Yes. Most policies allow you to borrow up to 80% of the surrender value once you have paid a minimum number of premiums (usually 3). This can be helpful in emergencies without having to surrender your policy and lose the coverage.

Once a bonus is declared by the State Life board, it becomes a guaranteed part of your policy. The annual bonus rate depends on the plan type and is added to your sum assured each year. At maturity, you receive the sum assured plus all accumulated bonuses. State Life has declared bonuses consistently for over 50 years.

You need a copy of your CNIC (national identity card), two passport-size photographs, and depending on the sum assured and your age, a medical examination may be required. For sums up to certain non-medical limits, no medical exam is needed. We will guide you through the exact requirements based on your specific situation.