Submitted To:

Dr. Muhammad Ali

Submitted by:
Sana shoukat
Mi18MBA060
4nd semester
MBA(IRM)
LIFE ,HEALTH
AND DISABILITY INSRANCE

life insurance companies in

pakistan
Insurance
Insurance is the contract between the Insurance the
insurer and the insured . insured is a person whose life is
covered against the risk under the policy .the right of
ownership of the policy lie with the proposer and he is
liable to pay premiums.
Life insurance
Life insurance is a contract between an insurer and a
policyholder in which the insurer guarantees payment of
a death benefit to named beneficiaries upon the death of
the insured . Promises a death benefit in consideration
of the payment of premium by the insured.
 TOTAL LIFE INSURANCE WORK IN PAKISTAN

 State life insurance corporation in Pakistan

 Jubilee life
 EFU Life
 IGI insurance
 Adamjee insurance

 State life insurance corporation in Pakistan

The state life insurance corporation of Pakistan

commonly known as state life or SLIC is the largest life
insurance company of Pakistan .it maintains an agency
network of around 200000 sales personnel and is one of
the largest companies in Pakistan by assets .

 Jubilee Life

Jubilee life insurance company commonly known a

jubilee life is a Pakistan life insurance company which is
a subsidiary for profit organization Aga khan for
economic development it is based in Karachi . it is the
most profitable among private insurance companies in
pakistan .
  EFU life

EFU Life assurance ltd. originally Eastern federal union

insurance company limited is a Pakistan based life
insurance company. it was the first insurance company
in India founded in owned by the Muslims based in
Calcutta. After he partition of India the company moved
to Pakistan and East and West Pakistan .

 IGI insurance

IGI Life Insurance Limited has marked the entry of

IGI Holdings into the Life Insurance arena through
acquisition of controlling shares in American Life
Insurance Company Limited in April 2014. Acquisition by
Packages Group makes IGI Life one of a kind life
insurance provider in Pakistan as IGI Life’s multinational
heritage is now coupled with the experience of Packages
group which is one of the most reputed business
conglomerates having several joint ventures with leading
global brands in the FMCG, Pharmaceutical and
Packaging sectors.
  Adamjee insurance

The formation of Adamjee Life is a result of the

partnership between Adamjee Insurance and Hollard,
South Africa. Both partners are well established and have
a glorious legacy of providing to quality need based
insurance product and services to the Pakistani market
for over 60 years. The local market knowledge and
international product and servicing expertise gives
Adamjee Life valuable consumer and market insight and
the capability to provide comprehensive solutions to the
clients insurance product and servicing requirements.