President directs SLICP to pay insurance claim to nominees of a deceased policyholder

ISLAMABAD, Nov 05 (APP): President Dr Arif Alvi has directed the State Life Insurance Corporation of Pakistan (SLICP) to pay death insurance claim worth Rs 300,000 along with a profit to the family members of a deceased policyholder, who were not being paid the claim for almost three years. The president further asked the SLICP… Continue reading President directs SLICP to pay insurance claim to nominees of a deceased policyholder

President directs SLICP to improve policy on pre-insurance medical tests

ISLAMABAD, July 9 (APP): President Dr Arif Alvi has directed the State Life Insurance Corporation of Pakistan (SLCIP) to improve its policy on medical tests before the issuance of Life Insurance policies to prospecting policyholders. He asked SLICP to constitute a panel of doctors who should suggest as to what were the most prevalent and… Continue reading President directs SLICP to improve policy on pre-insurance medical tests

President directs SLICP to pay interest to an insurance policy holder 

ISLAMABAD, Jan 8 (APP): President Dr Arif Alvi has directed the State Life Insurance Corporation of Pakistan (SLICP) to compensate an insurance policy holder by paying the interest due in accordance with the prevailing rate as it had delayed payment of the maturity claim to the complainant without giving any reason.  he president in his… Continue reading President directs SLICP to pay interest to an insurance policy holder 

President directs SLICP to pay Rs 1.95 m to claimants, strengthen pre-policy verification process

ISLAMABAD, Jan 05 (APP): President Dr Arif Alvi on Thursday rejecting four similar representations filed by State Life Insurance Corporation of Pakistan (SLICP) against the orders of the Wafaqi Mohtasib (WM), directed SLICP to settle claims worth Rs 1.95 million to four claimants. He instructed the SLICP to improve and strengthen its business procedures and… Continue reading President directs SLICP to pay Rs 1.95 m to claimants, strengthen pre-policy verification process

President reprimands SLICP for denying insurance to a widow for 9 years

ISLAMABAD, Dec 31 (APP): While upholding the orders of the Wafaqi Mohtasib, President Dr Arif Alvi has conveyed his displeasure to the State Life Insurance Corporation of Pakistan (SLICP) for denying legitimate insurance claim settlement to a widow for nine-long years. While expressing his displeasure on maladministration by SLICP, the president ordered that the widow… Continue reading President reprimands SLICP for denying insurance to a widow for 9 years

President asks State Life to pay insurance money with profit to widow

ISLAMABAD, Jun 10 (APP): President Dr Arif Alvi on Friday asked the State Life Insurance Corporation of Pakistan (SLICP) to pay the Group Insurance claim with profits to the widow of a fireman from City District Government, Multan, who had died after retirement.  “The insured employee died in June 2016, and it has been six… Continue reading President asks State Life to pay insurance money with profit to widow

President directs State Life to pay Group Insurance profit to widow of PTC teacher

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ISLAMABAD, Sep 2 (APP): President Dr Arif Alvi while rejecting a representation of State Life Insurance Corporation of Pakistan (SLICP) has directed it to compensate the widow of late PTC teacher within thirty days by paying due profit on the deposited amount since 2006. The president expressed concern over the state of affairs of the… Continue reading President directs State Life to pay Group Insurance profit to widow of PTC teacher

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