Personal Banking - Insurance - Family Care - Standard Chartered Bank Pakistan

Family Care is an ideal insurance plan for you if you meet the following eligibility criteria:

Only for Standard Chartered Bank (Pakistan) Limited (SCBPL) Current and Savings account holders
Aged above 18 years and under 60 years
Note: once enrolled at age under 60 years, you can remain enrolled till the enrollment date anniversary preceding your 65th birthday.

The protection available for the beneficiary is:

In case of Accidental Death (Rs 2,400,000)
In case of Accidental Death of the Insured Customer, the benefit will be a monthly payment of Rs 20,000 for a period of 10 years. The total payout will be Rs 2,400,000 (Rupees Two Million and Four Hundred Thousand Only).
In case of Natural Death (Rs 1,200,000)
In case of Natural Death of the Insured Customer, the benefit will be a monthly payment of Rs 10,000 for a period of 10 years. The total payout will be Rs 1,200,000 (Rupees One Million and Two Hundred Thousand Only)

Enrolling for this insurance offer is easy and has two simple methods:

You can simply call SCBPL Phone Banking at 111-002-002 or 0800-66-666 and request for enrollment.
An SCBPL representative will call you personally and get your consent and other details to enroll under the insurance program.

1 | 2 | 3

Q Does it provide life insurance coverage under all events?

Yes! It will cover your life under all events, subject to policy Terms and Conditions.

Q How much do I need to pay for the policy?

Your account will be deducted for an amount of Rs 3,000 upfront for the entire 1 year cover.

Q How will I know that I am enrolled under the program?

After obtaining your consent for the enrollment through one of the above methods, you will be enrolled under Family Care. Once premium has been deducted from the account, your bank statement will serve as proof of your enrollment.

Q Whom should I contact for the renewal of the cover?

Family Care is an annual policy and will be renewed automatically for the subsequent years if the pricing and terms and conditions remain unchanged.

Q What is the procedure in case I want to cancel the policy?

You may call either SCBPL Phone Banking at 111-002-002 or 0800-66-666 to give notice of cancellations OR write to Standard Chartered Bank (Pakistan) Limited at the following address:
Standard Chartered Bank (Pakistan) Limited
Customer Services Department
P.O.Box: 5556
Karachi 74000

1 | 2 | 3

SCBPL is acting as distributor of insurance policy on behalf of the insurance company and shall not be held responsible in any manner whatsoever to any person, including but not limited to, the Insured Customer(s), beneficiary (ies) or any third party.
The Insured Customer's Statement of Account maintained with the Bank will act as his / her enrollment under the program (if his / her account is charged under the program)