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  STATE LIFE INSURANCE CORPORATION OF PAKISTAN TABLE OF CONTENTS CHAPTER 1 intr   oducti   on   1.1INTRODUCTION TO SLCI OF PAKISTAN ………...1.2HISTORICAL BACKGROUND OF INSURANCE BUSINESS ………………...............................................1.3THE DEVELOPMENT OF LIFE INSURANCE BUSINESS IN PAKISTAN……………………………..1.4OBJECTIVES, MISSION STATEMENT AND QUALITY POLICY OF SLIC ………………………….1.PURPOSE OF STUDY…………………………………. CHAPTER 2 KINDS / BRANCHES OF INSURANCE 2.1KINDS OF INSURANCE………………………………2.2TYPES OF INSURANCE………………………………2.3MODES OF INSURANCE …………………………….. P! # N$% &1&3&4&&'&(&(&)  STATE LIFE INSURANCE CORPORATION OF PAKISTAN CHAPTER 3 ORGANIZATIONA SETUP AND FUNCTIONA AREAS OF SIC 3.1SLIC*+ ORGANIATIONAL STRUCTURE…………..3.2NE- BUSINESS DEPARTMENT……………………..3.3PERSONAL  GENERAL SERVICES DEPARTMENT…………………………………………3.4BUDGET AND ACCOUNT DEPARTMENT…………3.HUMAN RESOURCES DEPARTMENT……………...3.'INTERNAL AUDIT AND EVALUATION DEPARTMENT…………………………………………3.(AGENCY ADMINISTRATION DEPARTMENT…….. CHAPTER ! Product o# $ic   4.1ENDO-MENT ASSURANCE…………………………4.2PAYMENT PLAN………………………………………4.3-HOLE LIFE ASSURANCE…………………………..4.4SUPPLEMENTARY CONTRACTS…………………… P! # N$% &/1&1&11111212131'1'1'  STATE LIFE INSURANCE CORPORATION OF PAKISTAN CHAPTER % FINANCIA HIGHIGHTS FOR THE PERIOD ENDED 2&&' .1BALANCE SHEET……………………………………...2PROFIT AND LOSS ACCOUNT……………………….3CASH FLO- STATEMENT…………………………....4STATEMENT OF CHANGE IN EQUITY…………….. CHAPTER ( CONCUSIONS AND SUGGESTIONS '.1CONCLUSIONS……………………………………….'.2SUGGESTIONS………………………………………... P! # N$% 1(1/2&212222'.3BIBLIOGRAPHIES…………………………………….. 24  STATE LIFE INSURANCE CORPORATION OF PAKISTAN CHAPTER 1introduction 1)1INTRODUCTION TO SIC OF PAKISTAN S0!0# # I+56!7# C$68$6!0$ $ P!9+0! + ! +#: $;#6:#0 7$68$6!0$ $ P!9+0!, <=7= <$69+ 5>#6 0=# :+06? $ 7$::#67#  P!9+0!. T=# L# I+56!7# B5+#++  P!9+0! <!+ !0$!@#> >56 M!67= 1/(2. I0!? L# I+56!7# 5+#++ $ 32 I+56!7# C$:8!#+ <!+ :#6 #> !> 8!7#> 5>#6 0=6## B##:! U0+ !:#> A, B !> C B##:! U0+. H$<#;#6, !0#6 0=#+# B##:! U0+ <#6# :#6 #> !> ##70;# N$;#:#6 1, 1/(2 0=# M!! #:#0 $ 0=# L# I+56!7# B5+#++ <!+ 7$+$>!0#> !> #065+0#> 0$ 0=# S0!0# L# I+56!7# C$68$6!0$ $ P!9+0!.S0!0# L# I+56!7# C$68$6!0$ $ P!9+0! + =#!>#> ? ! C=!6:! !> !+++0#> ? 0=# E#750;# D6#70$6+ !88$0#> ? F#>#6! G$;#6:#0. U8 0$ J5? 2&&& 0=# C$68$6!0$ <!+ 65 ? B$!6> $ D6#70$6+ 7$+0050#> 5>#6 L# I+56!7# N!0$!@!0$ O6>#6 1/(2. I J5? 2&&&, 5>#6 I+56!7# O6>!7# 2&&&, 0=# F#>#6! G$;#6:#0 6#7$+0050#> 0=# B$!6> $ D6#70$6+ $ S0!0# L# <=7= 65+ 0=# !!6 $ 0=+ C$68$6!0$.T=# !+7 +0657056# $ 0=# C$68$6!0$ 7$++0+ $ F$56 R# $! O7#+, T<#0?S $! O7#+, ! #< S5$! O7#+, 111 S#70$6 O7#+, !> ! #0<$69 $ 4'1 A6#! O7#+ !76$++ 0=# 7$506? $6 I>;>5! L# I+56!7# F$56 $! O7#+ !> ' S#70$6 O7#+ <0= 2& S#70$6 H#!>+ $6 G6$58  P#+$ !6# ;$;#>  0=# M!69#0 $ L# I+56!7# P!+  8$7#+ !> 86$>570+ $#6#> ? S0!0# L# !> ! P678! O7#. T=# $! O7#+ >#! #75+;#? <0= S!#+ !> M!69#0 . U>#6<60 $ L# I+56!7# P$7#+ !> 0=# P$7?=$>#6*+ S#6;7#+. R# $! O7#+, #!7= =#!>#> ? ! R# $! C=#, +58#6;+# 5+#++ !70;0#+ $ 0=# $#+ 570$ 5>#6 0=#:. T=# P678! O7#, !+#> !0 K!6!7=, + 6#+8$+# $6 7$68$6!0# !70;0#+ +57= !+ ;#+0:#0, 6#! #+0!0#, !705!6!, $;#6+#!+ $8#6!0$+, #07.<<<.+7.7$:.89 1

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Jul 23, 2017
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