Introducing State Life Bancassurance, a groundbreaking initiative launched in 2012 to extend our comprehensive range of life insurance products to bank customers. Through strategic partnerships with Pakistan's leading banks, including Bank Alfalah, United Bank, National Bank, Silk Bank, Samba Bank, and First Women Bank, we bring our 'Benefit Rich' products closer to you.
As of 2021, State Life Bancassurance has cultivated strong relationships with six esteemed banking partners. Our collaboration aims to empower bank customers with a diverse selection of insurance solutions, providing them with added value and competitive options while aiding banks in enhancing their offerings to valued account holders.
Managed and overseen by GBA Services, our trusted Insurtech Partners, our bancassurance operations ensure seamless efficiency and exceptional customer service. At State Life, we pride ourselves on a myriad of strengths:
Explore our flexible individual conventional and Takaful life insurance plans tailored to meet your unique needs.
As the sole AAA-rated insurer in Pakistan, State Life's financial commitments are solidly backed by the Government, ensuring your utmost security.
Enjoy the highest policyholder bonus distribution, with 97.5% of our surplus shared with our valued customers.
Rest assured, we prioritize our policyholders with the highest claims payouts in the industry, exceeding 65 billion PKR in 2020 and surpassing 103 billion PKR in 2021.
With over 11,000 offices spanning Pakistan, we boast the most extensive marketing network, ensuring accessibility for all.
Our substantial life fund is strategically invested in quality assets such as government securities, real estate rentals, and blue-chip equities, ensuring stability and growth.
All payouts and bonuses are unconditionally guaranteed by the Federal Government of Pakistan, providing you with unmatched peace of mind.
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