5 Calm Stocks for Any Market

Down 90 yesterday. Up 40 today. Welcome to volatility, 2012-style. Indeed, as of Feb. 15 there wasn't a single trading day this year where the Dow Jones Industrial Average finished down 100 points or more. For many investors, it's a refreshing change from last year, when triple-digit swings were the norm. But many pros say don't get used to it. In a recent survey conducted by Northern Trust, more than 40% of institutional money managers expected volatility to increase over the next six months. After all, the European debt crisis still hasn't been resolved and the U.S. economy isn't exactly robust. "You're going to have periods of fear and volatility," says Gary Flam, portfolio manager at Bel Air Investment Advisors.

The strategy is hardly sexy. Companies with less-volatile stocks are typically mature, slow-growing businesses, as opposed to those with dramatic increases in sales or profits each quarter. (In other words, you're not likely to find a Google or Coach among them.) But not all fit the bill. The key, say experts, is to find firms that are generating cash as well. "If you are essentially going to close your ears to the risk on-risk off nature of the market and hold on for the long run, these can work," says Jay Kaplan, comanager of the Royce Total Return fund.That's why many pros still want to own the stocks of stable businesses, ones that won't buckle when volatility returns. A strategy of finding so-called calm stocks paid off during the market's manic 2011. Investing in the S&P 500 stocks with the lowest volatility relative to the broad market in 2010 returned nearly 10% in 2011, while the most volatile fell, on average, 19%, according to Bespoke Investment Group. The results are even better over the long run. From 1968 to 2008, $1 invested in low-volatility large-company stocks grew to $53.81, while $1 invested in the higher-volatility bunch grew to just $7.35, according to a 2011 paper in Financial Analysts Journal cowritten by Harvard finance professor Malcolm Baker.

Channing Smith, who comanages the Capitol Advisors Growth fund, says he hunts for low-drama names by looking at measures such as beta, which gauges a stock's sensitivity to the market. A stock with a beta of 1.0, for instance, moves in the same direction as the broad market, and with the same magnitude. The lower the beta, the less likely it is that their moves are tied together. Smith, who says he's "pretty bearish" on equities these days, has been searching for low-beta stocks, such as health-care stalwart Johnson & Johnson, which currently has a beta of 0.6. (The company's stock has traded within a narrow $12 range over the past 24 months.)

Of course, some steady performers are not cheap. Utilities, for example, trade at a 15% premium to the market, a big change from the slight discount they had at the beginning of 2011. But paying a higher price is a trade-off many pros are willing to make. "If we have good news in the economy, or Europe solves its issues, you will still make money," says Kent Croft, comanager of the $312 million Croft Value fund. And if the worst happens? Well, he says, those stocks "will hold up better."

How to Buy a Life Insurance Policy

FOREX SEARCH ENGINE

About 35 million U.S. households have no life insurance coverage, according to a 2010 study by LIMRA, an industry research group. And more than half of American households say they need more life insurance. But, like many financial products, life insurance policies can be complicated by various terms, riders and stipulations which make the purchase of even a straightforward policy tough. In fact, consumers are so confused about buying life insurance that many postpone a purchase or never buy at all.

In the event of a person's death, a life insurance policy provides their spouse, family or named beneficiaries immediate money for funeral costs and other everyday living expenses. Life insurance is designed to replace the income generated by a wage-earner and to help cover things like mortgage payments, children's college education and other major expenses over a lifetime. Here's how to get started:

Determine how much coverage you need

• Do the math. Figure out what your spouse and family would need financially if you weren't around. Take into account your lost income and outstanding debts such as a mortgage and big bills like college tuition or medical expenses. There are numerous online calculators and worksheets to assist with the number-crunching. Plug in your financial numbers at insure.com or smartmoney.com.
• Buy at the office. Take advantage of group life insurance offered at minimal or no cost through your employer. Many companies, however, will only match an employee's salary. For more coverage, you can scan the supplemental coverage at work but make sure to shop around too.
• It's not that much money. Don't be surprised if you need as much as $1 million in coverage. As a general rule, younger couples should look for a policy worth five to 10 times their annual income. A 35-year-old healthy, nonsmoking male can purchase a $1 million, 30-year term life policy for about $700 a year, according to insure.com. Also check selectquote.com or a local insurance agent or direct seller.

Term vs. Perm. Term life provides coverage over a set period, say 15 to 30 years, and then expires. Permanent life insurance, which comes in many varieties, lasts until your death.

• Start with term. Most consumer advocates and financial planners recommend starting out with term life insurance, which is the most affordable option and easiest to understand. It makes sense if you're trying to ensure there's money for the kids' college or paying off the mortgage and other debts over 20 years. The beneficiary can receive a lump sum payout. The premiums are the same for the duration of the contract.
• What about perm? Permanent, or whole life, insurance won't expire after so many years. It's significantly more expensivebut these policies also build up a savings account that grows tax-deferred. Another option are return-on-premium policies that give back your money after the term ends. In both cases, many insurance experts recommend taking the savings from buying term life and investing them on your own.
• A hybrid option. Check whether a term life policy allows you to convert it into whole life coverage later on. These "convertible" policies can be useful if you develop a chronic health condition that makes it difficult to qualify for new coverage after your term expires. Conversions, however, can come at a steep cost. Answer some questions at these sites to see what product makes sense for you, such as Life Happens or Bankrate.

Check rates, returns and ratings.

• Opportunities to save. Rates are very competitive on term life policies and numerous quotes are available online at Insure.com, SelectQuote and other sites. Consider paying your premium annually to avoid extra fees for monthly payments.
• Be a skeptic. For whole life, be skeptical about the rate of return companies promise in their illustrations showing dividends paid out over the policy. Also, whole life policies can have high fees and administrative costs that drag down the yield. The Consumer Federation of America will analyze illustrations for consumers for an initial fee of $85; then $65 for each additional one. Whole-life customers can get expert analysis at these sites,http://www.evaluatelifeinsurance.org/andhttp://breadwinnersinsurance.com/analyzer/form.php.
• More than premiums. Don't fall for the lowest premium without checking the insurance company's rating for financial soundness. You want to make sure the company is around in case you aren't. Many websites offer reports from the major insurance-rating agencies such as Standard & Poor's and A.M. Best.

What not to do when buying a life insurance policy:

• Don't wait. Postponing your purchase until you're older and sicker will make your policy more costly, if you get one at all. It's best to lock in low rates when you have a clean bill of health and can sail through an insurer's medical exam. If you do smoke or have a medical condition, be sure to fess up.
• Don't overlook a spouse. When one spouse (you) dies, the lifestyle of the surviving spouse can change drastically. Even if a parent doesn't work outside the home, it would cost money to replace their childcare and other household duties.
• Don't let go. Letting a policy lapse after a few years. It's tempting when the household budget gets squeezed, but the surrender or cash value on a whole life policy won't equal the premiums paid until 12 or 15 years have passed. Term life doesn't build up cash value.

Which Life Insurance is best

Life insurance comes in three flavors. Term insurance offers plain-vanilla protection at a low cost. Then there's whole life, which has a savings component. A third type, the return of premium, is essentially a hybrid of the first two.

Here at SmartMoney.com, we generally recommend term life, as its low premiums allow consumers to get maximum coverage at little cost. (They can then invest on their own the savings they'll reap by forgoing pricier options.)

But don't just take our word for it. Before you head to an insurance broker's office, you should be familiar with the pros and cons of each policy type. Insurance agents are notorious for their heavy-handed sales tactics. Arming yourself with some knowledge ahead of time is the best way to make sure you wind up with the policy that's right for you.

Term Life Insurance

The Pros:
It's cheap. Term life is the most affordable variety of life insurance. Its reasonable rates allow people to buy policies with larger face values than they could otherwise afford. For example, a 45-year-old male nonsmoker could pick up a million-dollar, 30-year term policy for $2,600 a year, says Brian Place, principal owner of TermAssistant.com.

It's easy to buy. All you need to do is figure out how much you need -- and how long you'll need it -- and then shop around a bit to find a competitive rate. A broker could help you out, of course, but you also can do quick searches on the Web at sites like TermAssistant.com, AccuQuote or Insure.com. Just make sure the company you ultimately select is financially stable by checking out its rating with a service like Standard & Poor's or AM Best. Go with an insurer that's rated A or better.

It covers a temporary need. Remember, life insurance is meant to provide for your Later in life -- after the kids are in college and you and your spouse have socked away a generous retirement stash -- you might not have any dependents. So while you might buy a policy when your first child is born (and you might increase it as you have more children), you may only need life insurance for, say, 30 years.

The Cons:
It expires. There's a dark side to the expiration date of term insurance. If you find that at the end of that term you still need life insurance -- maybe your company's pension plan just imploded, leaving your spouse potentially ill-equipped for life without you -- you're starting from scratch. The older you are, the tougher the term market is going to be to you: If you're not in good health, you might not be eligible for coverage at all.

If you outlive your policy -- or cancel it at any time -- you get nothing back.Assuming things go the way you -- and the insurance company -- plan, you'll still be alive and well when your term insurance policy comes to an end. That means you will have paid thousands of dollars (most likely tens of thousands) for a policy you didn't use. You won't get any refunds for your accomplishment, which makes some folks feel like they've wasted their money.

But think of it this way: If you invested on your own the savings you enjoyed over the years by going with cheaper term insurance rather than whole life, you almost surely came out significantly ahead.

Whole Life Insurance

The Pros:
It's permanent. Provided you pay your premiums, year in and year out, whole life policies never expire. Since death is one of the inevitabilities of life, with a whole life policy, you know you'll have something to leave behind for your heirs.

It's forced savings. Whole life policies don't come cheap, but that's because whole life policies build up a savings account (called a "cash value") that grows tax-deferred, and which can be tapped in retirement. For folks with little or no savings discipline, this can be a lifesaver. (Just keep in mind that your death benefit is reduced by the amount you withdraw.)

It's a great estate-planning tool. For those who fear their estate will bear a hefty tax burden, financial planners often recommend purchasing a whole life policy. The death benefit is tax free, and if other aspects of your estate will be subject to estate tax (which in 2005 applies to estates worth more than $1.5 million), the payout can be used to cover that bill.

The Cons:
It's expensive. Not everyone will be able to afford the premiums required to obtain the amount of coverage they need. If paying the premiums would be a stretch, better to pick up a term policy for the right face value, says TermAssistant.com's Place. Another problem: People scrape together their pennies for the first couple of years of a whole life policy only to ultimately find they can no longer afford the bill. If this happens in the early years, they won't even break even in terms of what they receive as a return of premium. Surrender values (also known as the cash value of your policy) won't equal the premiums until the policy is anywhere from 12 to 15 years old.

Shopping around for the right policy will make your head spin. Whole life policies are very confusing and often sold based on rosy illustrations for how much the company intends to pay in dividends over the lifetime of the policy. These illustrations are only estimates and some companies are going to be more aggressive than others. A good agent can help you analyze the internal rate of return (i.e., the yield on the policy after all the fees and charges are subtracted).James Hunt, an actuary for the Consumer Federation of America offers independent evaluations of policies, for a fee. The cost is $60 for the first policy and $45 for each additional one.

You can most likely do better saving for retirement on your own. Whole life policies are notorious for having higher fees and administrative costs than other investment vehicles. While returns will vary, don't count on doing better than 4% to 5%, says AccuQuote's chief executive Byron Udell. Resist pitches from brokers who might tell you that a whole life policy can substitute for a 401(k) or IRA. It won't.

Return of Premium

The Pros:
It's a compromise. As with all insurance plans, with a return-of-premium policy, a death benefit is paid out should you pass away. But if you live past, say, the 30-year term, you get all of your money back dollar for dollar. So no matter what happens to you whether you die while covered or outlive the policy money is distributed.

It's pretty affordable. While a return-of-premium policy isn't as cheap as term life, it's significantly more affordable than whole life. A return-of-premium policy will cost approximately 50% more than a comparable term life plan.

No confusion here. Like term life, return-of-premium policies are easy to shop for. As long as you go with a good company, you can make your selection on price.

The Cons:
Don't expect a return on your investment. If you outlive the initial term, you only get back what you paid in. The insurer keeps whatever interest or investment returns your money made over the, say, 30 years you lent it. So you gave the insurer a free loan.

You most likely could do better on your own. A 0% return on your investment is no great shakes. So you need to think about alternatives, such as buying term life insurance and investing the money saved on premiums. The return on this strategy will depend on market performance as well as your personal investing choices. But it's safe to say that you don't need to be Warren Buffett to come out ahead with a term policy.

If you cancel this policy you get next to nothing in return. On a 30-year policy, if you walk away from your return of premium policy after, say, 10 years, you only get back 9% of the cumulative premiums you paid in, according to AccuQuote's Udell. After 20 years, you'll receive 35% and not until you hit 30 years will you get your full investment. "If you get out early, you get creamed," Udell says.

State Farm Insurance Review

State Farm Insurance was founded in 1922 as an automobile insurance company. State Farm rapidly expanded into homeowners and banking, eventually becoming the company we know today. While currently the largest provider of auto and home insurance in the United States, State Farm Insurance deals with much more than automobiles and property. State Farm Insurance, the TopTenREVIEWS Bronze Award winner, easily edged out the competition in the category of life insurance, because they offer varied policies at good premiums with a customer support structure uncharacteristically approachable for such a large firm.

Standout Features

• Term, universal and whole life insurance
• Online insurance quotes and needs calculators
• Annuities, managed accounts and retirement management services
• Host of investment and other insurance policies available

Policy Benefits and Flexibility: 

We found that State Farm’s life insurance premiums routinely ranked within the top two or three cheapest. For potential customers in the market for affordable life insurance, you could do a lot worse than State Farm’s affordable term life insurance. Term life insurance pays out a death benefit in the event that the policyholder passes away during a designated period of time. State Farm term life insurance is available to cover periods of 5, 10, 20 and 30 years. It probably goes without saying, but premiums are obviously higher for customers of advanced age, suffering from health problems or involved in high risk activities. For younger people, a thirty year term policy is an affordable way of securing the wellbeing of loved ones at a very low cost. The only downside to term life insurance policies, however, concerns their expiration date—when term life insurance expires, policyholders receive no payout. Some states permit policyholders to renew their term policies at the end of a term up until age 85 or 90. Elderly clients should refer to their state law. In most states term insurance is a viable alternative to full coverage life.

State Farm provides investment-oriented clients with the option of whole life and universal life insurance. In both the case of whole and universal, coverage is permanent and the accounts accumulate cash value which can be withdrawn at a cost to the death benefit of the relevant policy. Whole life insurance is a particularly lucrative policy for younger people because premiums are static for the life of the account. Premiums might be somewhat high for the first decade of policy ownership, but down the line, whole life insurance is generally a savvy investment. Whole life insurance also includes the potential to earn dividends depending on company performance during a given year.

In contrast to State Farm’s whole life insurance, their universal life coverage has a flexible premium. That means policyholders can adjust their premiums according to their desired payout benefits. Higher premiums equate to increased cash value buildup and death benefits.

Additional Services: 

Much like our  Gold Award winner MetLife, State Farm Insurance offers a large battery of financial and insurance services. Whether or not you opt for life insurance, long-term care insurance can offset the financial burden of hospice care and unexpected medical expenses. For clients more interested in securing their financial legacy, State Farm’s annuities provide an excellent route of managing retirement and establishing an income for loved ones with minimal tax burdens. In addition to homeowners and condo owners coverage, State Farm also provides auto and boat insurance.

Business owners will be pleased to learn about State Farm’s comprehensive set of business solutions. State Farm services include loans, property insurance, workers compensation insurance and employee retirement plans.

Customer Support: 

State Farm Insurance has one of the largest networks of representatives and affiliates in the United States, to say nothing of their international presence. Customer service and help staff can be reached via telephone or email and are professional, responsive and informed. For clients that prefer a face-to-face approach, State Farm has agents on hand all over the country.

Summary:

Whether simply planning ahead for your retirement or aiming to secure the well-being of your family after you’re gone, State Farm offers life insurance and financial services ideal for just about anyone.

For more on top life insurance providers be sure to read reviews or our top two products: Metlife and ING.

Insurance Companies in Karachi, Pakistan.

Insurance Companies (Karachi)

ADAMJEE INSURANCE COMPANY

6TH FLOOR, ADAMJEE HOUSE
I.I. CHUNDRIGAR ROAD
City: karachi
Country: pakistan
TEL: 021 241 2623
FAX: 021 241 2627
E-MAIL: INFO@ADAMJEEINSURNACE.COM
WEB: WWW.ADAMJEEINSURANCE.COM

AGRO GENERAL INSURANCE COMPANY

612, QAMAR HOUSE
M.A.JINNAH ROAD
City: KARACHI
Country: Pakistan
TEL: 021-2313181 & 83
FAX: 021-2313182,2310624
E-MAIL: AGIHO@CYBER.NET.PK

ALLIANZ EFU HEALTH INSURANCE LTD

PLOT NO. D-74, BLOCK NO.5CLIFTON,
KDA SCHEME NO.5
City: KARACHI
Country: Pakistan
TEL: 021 111111432584
FAX: 021 5864020, 5860403
E-MAIL: MARKETING@ALLIANZE-EFU.COM
WEB: WWW.ALLIANZEFU.COM

ALPHA INSURANCE COMPANY

STATE LIFE BUILDING NO.1B
2ND FLOOR, OFF-I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan.
TEL: 021-2416041-45
FAX: 021-2419968 & 2422478
E-MAIL: INFOALPHA@ALPHAINSURANCE.COM.PK
WEB: WWW.ALPHAINSURANCE.COM.PK

BEEMA PAKISTAN COMPANY

412-427, MUHAMMADI HOUSE
I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan
TEL: 021-2429530-33
FAX: 021-2429534
E-MAIL: INFO@BEEMAPAKISTAN.COM
WEB: WWW.BEEMAPAKISTAN.COM

CENTRAL INSURANCE COMPANY

4TH FLOOR, DAWOOD CENTRE , M. T. KHAN ROAD
City: KARACHI
Country: Pakistan
TEL: 021-5686001-16 & 5684019
FAX: 021-5680218
E-MAIL: INFO.CIC@DOWOODGROUP.COM
WEB: WWW.DAWOODGROUP.COM
WEB: WWW.CENINSURE.COM

CENTURY INSURANCE COMPANY

11TH FLOOR ,LAKSON SQUARE BUILDING NO.3 ,SARWAR SHAHEED ROAD ,KARACHI-74200
City: KARACHI
Country: Pakistan 
TEL: 021-5671603, 5671629, 5680769, 5657445-9 & 111111717
FAX: 021-567 1665
E-MAIL: INFO@CICL.COM.PK
WEB: WWW.CICL.COM.PK

CRESCENT STAR INSURANCE COMPANY

NADIR HOUSE ,I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2415471-3 & 2415521
FAX: 021-2415474-5
E-MAIL: INFO@CSTAR.COM.PK
WEB: WWW.CSTAR.COM.PK

CONTINENTAL INSURANCE COMPANY

15/B, 15TH FLOOR, KASHIF CENTRE , SHARAH-E-FAISAL
City: KARACHI
Country: Pakistan

DADABHOY INSURANCE COMPANY

MEZZANINE FLOOR, PLAT NO. 29-C, STREET 7-A, BADAR COMMERCIAL STREET PHASE V, City: KARACHI
Country: Pakistan
TEL: 021-5843139-5842752
EFU GENERAL INSURANCE, LTD.
EFU HOUSE , M.A. JINNAH ROAD , KARACHI
TEL: 021-2313480
FAX: 021-231045
E-MAIL: INFO@EFUINSURANCE.COM
WEB: WWW.EFUINSURANCE.COM

EAST WEST INSURANCE COMPANY

410 - EFU HOUSE , M.A. JINNAH ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2313304-11
FAX: 021-2311904
E-MAIL: EWIRE@CYBER.NET.PK
WEB: WWW.EASTWESTINS.COM

EXCEL INSURANCE COMPANY

38-C-1, BLOCK-6 , P.E.C.H., SHAHRAH-E-FAISAL
City: KARACHI
Country: Pakistan 
TEL: 021-111777666 & 4548077
FAX: 021-4548076
E-MAIL: EICL@CYBER.NET.PK

HABIB INSURANCE COMPANY

HABIB SQUARE , M.A. JINNAH ROAD , P.O. BOX. # 5217
City: KARACHI
Country: Pakistan 
TEL: 021-2421882 & 242 4211, 2420516, 2424030 & 2424038-9
FAX: 021-2421600
INTERNATIONAL GENERAL INSURANCE CO. OF PAKISTAN LTD.
IST FLOOR, FINLAY HOUSE , I.I. CHUNDRIGAR ROAD , karachi Pakistan
TEL: 021-2426974 & 2426978
FAX: 021-2416710
E-MAIL: KHI@IGI.COM.PK
WEB: WWW.IGI.COM.PK

TRAKKER DIRECT INSURANCE LTD. (FORMERLY JUPITER INSURANCE CO. LTD.) 172-B, 2ND FLOOR, NAJEEB CENTRE

BLOCK-2, P.E.C.H.S.
City: KARACHI
Country: Pakistan 
TEL: 021-4322555
FAX: 021-4322515
E-MAIL: INSURANCE@TRAKKERDIRECT.COM
WEB: WWW.TRAKKERDIRECT.COM

NEW JUBILEE INSURANCE COMPANY

3RD FLOOR, JUBILEE INSURANCE HOUSE,
I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2416022-6
FAX: 021-2438738 & 2416728
E-MAIL: NJI@CYBER.NET.PK
WEB: WWW.NJI.COM.PK

PLATINUM INSURANCE COMPANY

SUIT 1014, 10TH FLOOR , UNI PLAZA , I..I CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2423231 & 2426856
FAX: 021-2420724
E-MAIL: PSTI@CYBER.NET.PK

PREMIER INSURANCE CO., OF PAKISTAN LTD

PREMIER INSURANCE BUILDING, STATE LIFE BUILDING NO.2A, 5TH FLOOR
WALLACE ROAD, OFF I.I.CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2416331-3
FAX: 021-2416572
E-MAIL: PRINSCOP.@SUPER.NET.PK

PROGRESSIVE INSURANCE COMPANY

OFFICE NO.505-507 , 5TH FLOOR, JAPAN PLAZA ,
M.A. JINNAH ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2018186
FAX: 021-5823561

RELIANCE INSURANCE Company

RELIANCE INSURANCE HOUSE ,
181-A, SINDHI MUSLIM CO-OPERATIVE HOUSING SOCIETY
City: KARACHI
Country: Pakistan 
TEL: 021-4539415-7
FAX: 021-4539412
E-MAIL: RELI-INS@CYBER.NET.PK & RIC-RE@CYBER.NET.PK
WEB: WWW.RELIANCEINS.COM

SAUDI PAK INSURANCE COMPANY

2ND FLOOR, STATE LIFE BUILDING NO. 2-A , WALLACE ROAD
City: KARACHI
Country: Pakistan
TEL: 021-2417882-4
FAX: 021-2417885
E-MAIL: INFO@SAUDIPAKINSURANCE.COM.PK
WEB: WWW.SAUDIPAKINSURANCE.COM.PK

SHAHEEN INSURANCE CO. LTD

HEAD OFFICE , 10TH FLOOR, SHAHEEN COMPLEX
M.R. KAYANI ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-2630370-3 & 2213950-2
FAX: 021-2626674
E-MAIL: SIHIFC@CYBER.NET.PK
WEB: WWW.SHAHEENINSURANCE.COM

UBL INSURERS LIMITED

MEZZANINE FLOOR,JUBILEE INSURANCE HOUSE, I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
PHONE:021-2463116
FAX:2463117
WEB: WWW.UBLINSURERS.COM

UNION INSURANCE CO., OF PAKISTAN LTD

9TH FLOOR, ADAMJEE HOUSE , I.I. CHUNDRIGAR ROAD , P.O.BOX. NO. 4527
City: KARACHI
Country: Pakistan 
TEL: 021-2416171-2
FAX: 021-2420174
E-MAIL: UNIONINS@CYBER.NET.PK

ACE INSURANCE LTD

6TH FLOOR, NIC BUILDING ,ABBASI SHAHEED ROAD , OFF SHAREA FAISAL
City: KARACHI
Country: Pakistan 
TEL: 021-111789789
FAX: 021-5683935
WEB: WWW.ACELIMITED.COM

NEW HAMPSHIRE INSURANCE CO

2ND FLOOR, FINLAY HOUSE , I.I. CHUNDRIGAR ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-111111244
FAX: 021-2419413 & 2400723
E-MAIL: INFO-PAKISTAN@AIG.COM
WEB: WWW.AIGPAKISTAN.COM

NATIONAL INSURANCE COMPANY. (NICL)

HEAD OFFICE, NIC BUILDING, ABBASI SHAHEED ROAD
SHAHRAH-E-FAISAL
City: KARACHI
Country: Pakistan 
TEL: 021-9202741-9
FAX: 021-9202754
E-MAIL: INFO@NICL.COM.PK
WEB: WWW.NICL.COM.P

PAK KUWAIT TAKAFUL COMPANY

4TH FLOOR, BLOCK ‘C’ , FINANCE AND TRADE CENTRE, SHAHRAH-E-FAISAL
City: KARACHI
Country: Pakistan 
TEL: 021-5630706-9
FAX: 021-5630699

TAKAFUL PAKISTAN LTD, 212

BEAUMONT PLAZA, BEAUMONT ROAD
City: KARACHI
Country: Pakistan 
UAN: 021-111-875-111
FAX: 021-5630541
E-MAIL: INFO@TAKAFUL.COM.PK

M/S PAK QATAR GENERAL TAKAFUL LTD

SUIT NO. 203-205, BUSINESS ARCADE, BLOCK NO. 6, P.E.C.H.S.
SHAHRAE FAISAL,
City: KARACHI
Country: Pakistan 
TEL: 021-4380357-61, 021-4386452
FAX: 021-4386451
E-MAIL: INFO@PAKQATAR.COM.PK
WEBSITE: WWW.PAKQATAR.COM.PK

M/S. DAWOOD FAMILY TAKAFUL LIMITED

1701-A, SAIMA TRADE TOWERS, I.I. CHUNDRIGAR ROAD,
City: KARACHI
Country: Pakistan 
PHONE NO.111-DAWOOD (111-329-663)
FAX: 021- 227-1912-3
WEBSITE: WWW.DAWOODTAKAFUL.COM

M/S PAK QATAR FAMILY TAKAFUL LTD

SUIT NO. 203-205, BUSINESS ARCADE, BLOCK NO. 6, P.E.C.H.S.
SHAHRAE FAISAL,
City: KARACHI
Country: Pakistan 
TEL: 021-4380357-61, 021-4386452
FAX: 021-4386451
E-MAIL: INFO@PAKQATAR.COM.PK
WEBSITE: WWW.PAKQATAR.COM.PK

PAKISTAN REINSURANCE CO. LTD. (PRCL)

HEAD OFFICE, PIC TOWERS , 32-A, LALAZAR DRIVE ,M.T. KHAN ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-9202908-15
FAX: 021-9202921 & 9202922
E-MAIL: PIC1@PK.NETSOLIR.COM
WEB: WWW.PAKRE.ORG.PK

EFU LIFE ASSURANCE LTD

37-K, BLOCK 6 ,PECHS
City: KARACHI
Country: Pakistan 
TEL: 021-4535071-77
FAX: 021-4535079
E-MAIL: INFO@EFULIFE.COM
WEB: WWW.EFULIFE.COM

THE METROPOLITAN LIFE ASSURANCE CO. OF PAKISTAN LTD

3RD FLOOR ,310, EFU HOUSE (QAMAR HOUSE), M. A. JINNAH ROAD
City: KARACHI
Country: Pakistan
TEL: 021-2311662-5, 2310726 & 2310904
FAX: 021-2311667
E-MAIL: SALES@METROPOLITANLIFEASSURANCE.COM
WEB: WWW.METROPOLITANLIFEASSURANCE.COM

STATE LIFE INSURANCE CORPORATION OF PAKISTAN

STATE LIFE BUILDING NO. 9 , DR. ZIAUDDIN AHMED ROAD ,
City: KARACHI
Country: Pakistan 
TEL: 021-9202800-9, 111111888
FAX: 021-9202820
E-MAIL: EDPGS@SUPER.NET.PK
WEB: WWW.STATELIFE.COM.PK

NEW JUBILEE LIFE INSURANCE COMPANY LTD

74/1-A, LALZAR, M.T.KHAN ROAD ,
City: KARACHI
Country: Pakistan 
TEL: 021-5611071-5
FAX: 021-5610959
E-MAIL: INFO@NJILIFE.COM
WEB: WWW.NJILIFE.COM

AMERICAN LIFE INSURANCE COMPANY (PAKISTAN) LTD

LAKSON SQUARE BUILDING NO. 1, 11TH FLOOR ,SARWAR SHAHEED ROAD
City: KARACHI
Country: Pakistan 
TEL: 021-111111711
FAX: 021-5688042
E-MAIL: ALICOWEBMASTER@AIG.COM
WEB: WWW.ALICO.COM

HALLMARK INSURANCE CO. LTD. (FORMER RAJA INSURANCE CO. LTD)

5TH FLOOR, PANORAMA CENTER ,256, FATIMA JINNAH ROAD ,
City: KARACHI
Country: Pakistan 
TEL: 021-5670619
FAX: 021-5681501

THE SEAFIELD INSURANCE COMPANY

86 Q, BLOCK NO.2, ALLAMA IQBAL ROAD , P.E.C.H.S. ,
City: KARACHI
Country: Pakistan 
TEL: 021-4552263, 4527593 & 4556895
FAX: 021-4527593

EFU Life Insurance Eastern Federal Union

EFU Life Insurance Eastern Federal Union

EFU Life Insurance

 In 1992, the Government of Pakistan reopened the market for life insurance for private sector organizations and EFU Life Ltd was established in November 1992 as the first life insurance company's private sector. In early 1993, UFC began writing life insurance life and in March 1994, the company began writing its individual lifebusiness.

EFU Life manages a group of professionals with extensive experience of living in theUnited Kingdom. This has helped the company create a professional culture unique amongst life insurance companies in Pakistan.

The company is increasing its branch network of over 100 branches across the country dependent on the strength of over 2, 200 agents to its sales staff and some 150 staff based in Karachi and Lahore. The company employs 4 full time actuaries and also the active participation of one of the leading actuarial firms in the country.

EFU Life Assurance Company is the first life in Pakistan to obtain ISO 9001:2000 and life insurancecompany to have an "insurer financial strength" rating, currently AA, Outlook: Stable CCR-VIS, a subsidiary of Japanese agency credit rating.

Today, EFU Life continues to be the largest private life insurance sector in Pakistan. In 2007, EFU Life Rs premium income. 4.8 billion. The company has a market share of over 64% of industry revenue premium Privacy (excluding premium).

EFU Life offers a full range of products developed after extensive research of financial services in Western countries like the United Kingdom. These products are designed to meet the diverse needs of customers Lifes EFU and offer better financial services.

CONTACT INFO

Address: 20-B, 2nd floor, North Star Plaza, Rehmanabad, Rawalpindi
City: Rawalpindi 46000
Country: Pakistan
Phone: 92-51-4581365
Email: info@efulife.com
URL: www.efulife.com

Contact Person

Tariq Javaid
Phone: 92-51-4581364
Cell: 92-346-5077639
Email: tjssahabji@excite.com

New jubilee life insurance Company

New jubilee life insurance Company is a best PVT insurance company in Pakistan. New jubilee was a subsidiary of the Aga Khan Fund for Economic Development, Switzerland. Now, it offered a post-sales consulting and sales department of Lahore operation.
We are the only Life Insurance Co. in Pakistan, offering salary correction COMMISSION energy sales.

CONTACT INFO

Address: 74/1 A LALA ZAR MT KHAN ROAD, KARACHI, Pakistan
Phone: +92 41 85 00 558
Fax: +92 41 85 00 556
Email: njilbancfsd1@branch.njilife.com
URL: njilife.com

Contact Person

Zia Ul Hassan Saqib
Phone: +92 41 85 00 558
Cell: +92 331 865 1500
Email: zhsaqib@gmail.com

East West Life Assurance Company Review

East West Life is an important player for Pakistan's health and life insurance companies and offers a full range of insurance products, including:

• Health Insurance
• Life Insurance
• Fixed monthly income benefits for 20 years (in case of permanent disability)
• Accidental medical reimbursement insurance
• More products and many services can be customized to meet the needs of all people in all walks of life.

INDIVIDUAL LIFE PLANS

• Gold Sarmaya
• Mahfouz Sarmaya Plan
• Personal Accident (PA) Plan
• Scholar's Plan
• Business Plans
• Check-in Guarantee Plan
• Group Health Insurance
• Life Insurance

We are also in banc assurance. East West Life has signed a strategic cooperation agreement with GBA Services (Pvt.) Limited to provide comprehensive support services to third on banc assurance.

Contact Info:

Address: 310 EFU House, M.A. Jinnah Road, Karachi 74000, Sindh, Pakistan
City: Karachi
Country: Pakistan
Phone: +92-21-111395111
Fax: 92-21-32311667
Email: info@eastwestlifeassurance.com
URL: www.eastwestlifeco.com

Contact Person

Naveed Ashraf
Phone: 92-21-111395111
Email: naveed.ashraf@eastwestlifeco.c