Tuesday, 5 April 2011

Group Health insurance - What is group health insurance - Definition of Group Health Insurance

Group Health insurance

group health insurance plan
Today, with increasing health risks and soaring medical costs, it is important to have health insurance for every individual. There are many forms of sickness insurance: individual health insurance, health insurance for family and group health insurance. From these advantages in terms of options for health insurance premiums. This article discusses the group health insurance.

What is group Health insurance?


Group health insurance plan that provides health coverage to a small group of people. The group health insurance plans are one of the great benefits that many employers. These plans are generally of a similar nature, offering the same benefits to all employees or group members.

It's really very difficult for someone to take care of all medical needs by paying its portfolio. In the days tend to be expensive diagnostic tools and drugs to make treatment did not have the means to individuals. You can only think of one instance that you were sick. If you want to use a good treatment of a good medical facility, how much you owe the hospital? Suppose you feel chest pain very simple, if you go to a doctor that all the tests, you advise? Doctors would just like many diagnostic tests to confirm the cause of symptoms. They advise many varieties of blood tests, x-ray, scan, ECG, echo and what not? Can you give us all by paying your portfolio very thin?

Generally, companies will take the group health insurance for their employees. But currently covered by health insurance group increased much more than individual companies. Many social groups and communities to take advantage of group health insurance. Some companies promote their businesses offer health services of the group insurance to their customers by charging an entrance fee minimal.


 It is the duty of companies to handle the medical needs of their employees and their families. They are required to insure workers against risks to health. If companies have started spending for each and every member's medical needs, which will prove to be very heavy burden for society. In this regard, companies are looking for health insurance companies to cover all employees and family members under the aegis of one or other schemes. In general, group health insurance plans are very expensive and companies do not opt for it. Instead, go to group health insurance plans. In the group of general insurance schemes is very cheap comparing the amount payable per person.


These health insurance working group, bringing a portion of the premium of each group member. For employees of the company, management can also contribute to part of group health insurance. group health insurance is very beneficial for the people, because they pay much lower premiums compared to other health insurance plans. Today, the group health insurance plans offered at a very cheap price. Each recipient is sure to get all the benefits of individual health insurance, paying a small monthly fee.


There are many insurance companies that offer group health insurance service online. It is very easy to have a deal with online businesses. It is just a click and get group health insurance.

State Life Insurance Corporation (Peshawar)

State Life Insurance Corporation (Peshawar)


Contact Info


Address: State Life Bluilding, 3rd Floor34, The Mall, Cantt, Peshawar
City: Peshawar, NWFP,
Country: Pakistan
Phone: 9291-111555888 / 9211576
Fax: 9291-9211593

Contact Person
Taj Raees Khan Khatt
Email: sliczhs@pes.comsats.net.pk


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State Life Insurance Corporation (Faisalabad)

State Life Insurance Corporation (Faisalabad)


Contact Info


Address: Gorn Plaza, Railway Road
City: Faisalabad, Punjab
Country: Pakistan
Phone: 9241-111555888 / 2647637 / 2617407 / 2620246 / 2647299
Fax: 9241-2643552
Contact Person: S.A.H. Tirmizi


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State Life Insurance Corporation (Hyderabad)

State Life Insurance Corporation (Hyderabad)


Contact Info


Address: State Life Building, Thandi Sarak
City: Hyderabad, Sindh
Country: Pakistan
Phone: 9222-2780354
Fax: 9222-2784940
Contact Person: A.J.Akhund


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State Life Insurance Corporation (Quetta)

State Life Insurance Corporation (Quetta)


Contact Info


Address: PIA Building, 2nd Floor Jinnah Road, Quetta
City: Quetta
Country: Pakistan
Phone: 9281-9201520 / 9201530 / 9201603
Fax: 9281-9201988
Contact Person: M. Khalid Shaikh


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State Life Insurance Corporation (Gujranwala)

State Life Insurance Corporation (Gujranwala)

 

Contact Info

 

Address: Room #13, 2nd Floor Commercial Plaza Civil Lines, Gujranwala
City: Gujranwala
Country: Pakistan
Phone: 9255-111555888 / 3255128
Contact Person: Khawaja Ajmal Ahsan


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State Life Insurance Corporation (Rawalpindi)

State Life Insurance Corporation (Rawalpindi)

 

Contact Info


statelife.com.pk, Rawalpindi 74000, Punjab, Pakistan
Phone: 03325136383
Email:
smaq76@gmail.com
 

State Life Insurance Corporation (Sialkot)

State Life Insurance Corporation (Sialkot)


Contact Info


Address: Kutchery Road, Sialkot
City: Sialkot, Punjab
Country: Pakistan
Phone: 9252-4263865
Fax: 9252-4595209
Contact Person: M.Munir A.Sheikh


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State Life Insurance Corporation (Multan)

State Life Insurance Corporation (Multan)


Contact Info


Address: State Life Building Chowk Nawan Sheher, Abdali Road
City: Multan, Punjab
Country: Pakistan
Phone: 9261-4570776 / 4541368 / 4545282
Fax: 9261-4545281
Contact Person: Sh.Mushtaq Ahmed


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State Life Insurance Corporation (Bahawalpur)

State Life Insurance Corporation (Bahawalpur)


Contact Info

Address: 18-A, Block-Z, Model Town C, Bahawalpur
City: Bahawalpur
Country: Pakistan
Phone: 9262-2882718
Contact Person: N.B.Mirza


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State Life Insurance Corporation (Islamabad)

State Life Insurance Corporation (Islamabad)


Contact Info

Address: State Life Building-9, 3rd Flr.Buland Markaz, 33-E, Blue Area, Islamabad
City: Islamabad, Capital
Country: Pakistan
Phone: 9251-111111888 / 2270141 / 2274442 / 282376
Fax: 9251-2274442
Contact Person: M.Taj Mirza


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State Life Insurance Corporation (Lahor)

State Life Insurance Corporation (Lahor)


Contact Info


Address: Office No.116-F,Raja Centre, Main Market,Gulberg-II, Lahore
City: Lahor
Country: Pakistan
Phone: +92-321-6032290
Email:
call2faheem@yahoo.com
URL:
www.statelife.com.pk  

Contact Person

Faheem akhtar
Phone: +92-42-35786036
Cell: +92-321-6032290
Email:
call2faheem@yahoo.com


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State Life Insurance Corporation (Karachi)

State Life Insurance Corporation (Karachi)


Contact Info 
 
Address: Office # 89, Rizvia Market, Nazimabad Chowrangi, Nazimabad
City:  Karachi 73500
Country: Pakistan
Phone: +92-21-37684826
Email:
saeed.afridi63@gmail.com
URL:
www.statelife.com.pk
Contact Person

Saeed Afridi
Phone: +92-21-37684826
Cell: +92-300-2168065
Email:
saeed.afridi63@gmail.com


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State life insurance Company (SLIC) in Pakistan

State life insurance Corporation (SLIC) in Pakistan

 Brief History

 The life insurance business in Pakistan was nationalized in March 1972. At the beginning of the life insurance companies 32 has been merged and placed under Beem three units called "A", "B" and "C" units Beem. But later, these units were merged Beem and November 1, 1972, the Bureau of state Life Insurance Corporation has been consolidated and assigned to the   State Life Insurance Corporation of Pakistan.
state life insurance corporation

State Life Insurance Corporation of Pakistan headed by a President and assisted by the Directors-General are appointed by the federal government. Up to July 2000 state life insurance Company was managed by the Board established under the Life Insurance Business (Nationalisation) Order 1972nd In July 2000, insurance federal government decree of 2000 restored the Conseil d'Etat of life, which operates in this case Corporation.

Basic structure of the State life Insurance Corporation consists of four regional offices, 26 zonal offices, some sub-zonal offices, 111 field offices and a network of 461 local offices across individual insurance country life, and four area offices 6 offices and 20 sectors under the heads of Group & Pension involved in marketing life insurance policy plans and State Life products and registered office. Area offices dealing only with sales and marketing. The subscription of life insurance policies and services. Regional Offices, which leads the regional head, to check the business activities of the areas below. The State life Insurance Corporation Headquarters, which is based in Karachi, is responsible for the operations of the company, such as investment, real estate, actuarial, foreign operations, etc.

Large Farms

An important role in the life of the State life Insurance Corporation of Pakistan has made life insurance , but is also involved in other related activities, including the holders of mutual funds in government bonds, stock market, real estate, etc. 


The main results of life of the state below:

1. At the start of operations, trains Corporation a very important step in making discounts of up to 33% of insurance premiums on the past life and the potential for the benefit of policyholders.

2. State Life is a profitable organization, and it paid Rs.2.657 billion in dividends to the government of Pakistan since its inception in 1972.

3. State life plays a crucial role in the economy, create jobs for local people as permanent employees and as part of its labor market and investing huge funds in different sectors of the economy. The investment portfolio of the state life on 31/12/2009 amounted to billions Rs.191.445.

4. Investments in securities including investments in real estate, where the book value Rs.2.538 billion 12/31/2009 believes that the fair market value of about Rs.21.681 billion during the same period.

5. PUC increased Rs 10 million in 1972 to Rs.1, 100 million in 2009.

6. Premium income rose Rs.0.317 billion in 1972 to 28,367,000,000 in 2009. Likewise, investment income, including rental income increased by Rs.0.81 million in 1972 to 274,152,000,000 in 2009.

7. Total statutory fund of the State Life stood at Rs.199.445 billion in 2009 against Rs.1.494 billion in 1972.

8. State life is the pursuit of satisfying its goal of making life insurance available for a large part of the community, extending to the common man. In December 2009 INFORCE total number of policies related to individual life was 2,895,000 and the number of people covered by group life insurance was 3,754,000.

 Click the link below and visit the complete address of state life insurance corporation offices:

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