State Life · Table 07
State Life Child Protection Plan 2026
A joint policy on parent and child: the sum assured plus bonuses when both reach maturity, premiums waived and an income paid to the child if the parent dies, and a scaled benefit if the child dies.
- Entry age
- 20–50 years
- Policy term
- 10–24 years
- You pay
- Throughout the term
- Covered for
- The full term you choose
- Child's age
- 1–15 years
- Online calculator
- Yes — quote below
- Bonus basis
- State Life Endowment rates
- Official page
- statelife.com.pk ↗
How it works
The Child Protection Plan, explained plainly
The Child Protection Plan (Table-07) covers two lives at once — a parent aged 20 to 50 and a child aged 1 to 15 — for a term of 10 to 24 years.
If both survive to maturity, the sum assured plus accrued bonuses is paid. If the parent dies first, future premiums are waived and the child receives an annual income of 100 per 1,000 of sum assured until maturity, when the full benefit is still paid.
If the child dies, a percentage of the sum assured plus bonuses is paid according to the child's age (10% to 100%; 20% to 100% with a small additional premium).
What the policy pays
Benefits, as State Life defines them
- At maturity (both lives surviving): sum assured plus accrued bonuses.
- On the parent's death: future premiums waived and an annual income to the child of 100 per 1,000 of sum assured until maturity.
- On the child's death: 10%–100% of the sum assured plus bonuses by age (20%–100% with the optional higher schedule).
- Bonuses at State Life's Endowment rates.
- 31-day grace period (15 days on monthly mode).
Optional riders: Accidental Death Benefit (ADB) · Term Insurance Rider (TIR) · Accidental Indemnity Benefit (AIB) · Family Income Benefit (FIB) · Waiver of Premium (WP) · Special Waiver of Premium (SWP)
Paraphrased from State Life's official plan page (checked 2026-08-22). The policy document governs.
✓ Who it suits
- • Parents who want the child's own life covered as well as the education fund.
- • Families wanting an ongoing income for the child, not just a lump sum, if the parent dies.
✗ Who should not buy it
- • Parents over 50 at entry.
- • Anyone wanting the simplest possible plan — the Child Education & Marriage Plan is easier to explain and usually the first choice.
We would rather lose a sale than fit you to the wrong plan.
What it grows to
What Rs 1,000,000 of sum assured illustrates to
Illustration at State Life's officially declared 2025 bonus rates for this plan's category, on a nominal sum assured of Rs 1,000,000. Scale it to your own sum assured; the calculator below gives the premium that buys it.
12-year policy
pay 12 yrs · covered 12 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 12 yrs at declared rates
- Rs 665,000
- + Terminal bonus
- Rs 180,000
Est. total benefit
Rs 1,845,000
16-year policy
pay 16 yrs · covered 16 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 16 yrs at declared rates
- Rs 1,253,000
- + Terminal bonus
- Rs 540,000
Est. total benefit
Rs 2,793,000
20-year policy
pay 20 yrs · covered 20 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 20 yrs at declared rates
- Rs 2,259,000
- + Terminal bonus
- Rs 900,000
Est. total benefit
Rs 4,159,000
Bonuses are declared annually and are not guaranteed; illustrations use the rates at State Life's bonus page (valuation 2025-12-31). See all current bonus rates.
Your exact number
Calculate your Child Protection Plan premium
Live from State Life's official calculator, preset to the Child Protection Plan — enter your age, term and sum assured for the exact premium.
Your estimate appears here
Every figure comes straight from State Life's official premium calculator — we don't make numbers up. Your final premium is confirmed on the policy illustration after underwriting.
Good to know
- • The consultation and our advice are free — you pay only your plan premium.
- • With-profit plans add State Life bonuses on top of the sum assured.
- • We handle the paperwork and stay with you to claims and maturity.
The growth engine
How your money actually grows
Most State Life savings plans are with-profit: each year the corporation values its fund and declares bonuses for participating policyholders — State Life states it distributes 97.5% of its surplus to them. Bonuses attach to your policy and are paid with your sum assured at maturity or with a claim. In 2025, State Life allocated a record PKR 181 billion in profit bonus. Read the numbers →
🕌 Shariah-compliant option
Prefer Takaful? Ask for the Tayyab track
State Life's Tayyab Takaful window runs savings, endowment, child and Platinum Plus plans on the Wakala–Waqf model, supervised by its Shariah Advisor. Tell us Takaful matters to you and we advise on that track from the start.
The Takaful plans, explained →Compare
Plans people weigh against it
Table 76
Child Education & Marriage Plan
A payout timed to your child's milestone — age 18, 21 or 25 — that keeps going even if you are not there: premiums are waived on the parent's death and the plan pays in full.
Plan details →Table 19
Jeevan Saathi Plan
One policy for two lives: on the first death the sum assured is paid and all future premiums stop, yet the policy continues to maturity — when the survivor collects the sum assured plus bonuses again.
Plan details →Table 03
Endowment Plan
State Life's classic savings-plus-protection plan: pay for a fixed term, get the sum assured plus every bonus declared along the way — and your family gets the same if you don't make it to maturity.
Plan details →Child Protection Plan questions
Before you choose the Child Protection Plan
How is this different from the Child Education & Marriage Plan?
Two lives are covered instead of one. Child Protection pays an annual income to the child if the parent dies (as well as waiving premiums), and it also pays a scaled benefit if the child dies. Child Education & Marriage covers the parent only.
What income does the child get if I die?
An annual income of 100 per 1,000 of sum assured until the policy matures, in addition to the premium waiver and the full maturity benefit.
What is the optional higher schedule?
For a small additional premium, the benefit on the child's death starts at 20% of the sum assured instead of 10%, scaling to 100% with age.
What ages and terms apply?
Parent 20 to 50, child 1 to 15, term 10 to 24 years.
Can I calculate the premium online?
Yes — Child Protection (Table-07) is in State Life's calculator; it asks for the child's age as well as yours.
What is an investment or savings plan?
It is a life-insurance plan that does two jobs at once: it protects your family, and it builds up a savings amount you receive later — on maturity, at retirement, or at a milestone like a child's education. You pay regular premiums and the plan grows over time.
What does your advice cost me?
Nothing. Our consultation is free and we do not charge you a fee. We are paid a standard commission by the insurer when a plan is issued, which is why we will tell you plainly when a plan is not right for you.
Free
Consultation, always — advice costs you nothing
1 day
Maximum response time, Monday to Saturday
AAA
State Life's financial rating — Pakistan's only AAA-rated insurer
1972
State Life serving Pakistan since — state-owned and guaranteed
Why Sidq
Advisors, not salesmen
Advisors, not salesmen
We are not tied to one product. The plan we recommend is the one that fits you, and we will tell you when you do not need cover at all.
Compared across the market
We line plans up side by side — premium, exclusions, waiting periods — so you can see exactly what you are choosing between.
Plain language, no jargon
We explain what is actually covered and what is not, in words you can repeat to your family. No fine print sprung on you later.
We stay for the claim
Selling a policy is the easy part. We handle the paperwork and follow the claim through until it is settled.
Free consultation
Get your Child Protection Plan illustration
Tell us your age, sum assured and how you'd like to pay — we reply within one business day with State Life's own illustration and a plain-language walkthrough.
Prefer to just ask?
Message us about the Child Protection Plan on WhatsApp — a real advisor replies, mon–sat · 9am–7pm.
Sidq Advisorsis an independent advisory practice, not State Life's official website. Figures are illustrations per State Life's calculator and declared bonus rates; final terms per State Life's policy documents.