State Life · Table 36
State Life Shad Abad Plan 2026
An endowment with doubled protection: twice the sum assured on death, four times on accidental death, and the sum assured plus bonuses if you reach maturity.
- Entry age
- 20–60 years
- Policy term
- 10, 15, 20 or 25 years
- You pay
- Throughout the term
- Covered for
- The full term you choose
- Online calculator
- Yes — quote below
- Bonus basis
- State Life Endowment rates
- Official page
- statelife.com.pk ↗
How it works
The Shad Abad Plan, explained plainly
The Shad Abad Plan (Table-36) is for people whose main worry is what happens to the family if they die early. It behaves like a normal endowment at maturity, but the death benefit is double the sum assured — and four times it if death is accidental — plus the bonuses attached.
Terms of 10, 15, 20 or 25 years are quoted in State Life's calculator for entry ages 20 to 60, maturing by 70.
Bonuses follow State Life's Endowment rates. Once a policy is made paid-up it stops earning further bonuses, so the plan rewards seeing the term through.
What the policy pays
Benefits, as State Life defines them
- On maturity: sum assured plus accrued bonuses.
- On death during the term: double the sum assured plus accrued bonuses.
- On accidental death: four times the sum assured plus accrued bonuses.
- Premiums payable yearly, half-yearly, quarterly or monthly.
- Supplementary covers can be attached.
Paraphrased from State Life's official plan page (checked 2026-08-22). The policy document governs.
✓ Who it suits
- • Sole earners with young dependants who want the biggest death benefit per rupee of premium in an endowment shape.
- • People in travel-heavy or higher-risk occupations who value the accidental multiple.
✗ Who should not buy it
- • Pure savers — the extra protection is priced into the premium, so the maturity value per rupee is lower than a plain endowment.
- • Anyone who may let the policy lapse: paid-up policies forfeit future bonuses.
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.
10-year policy
pay 10 yrs · covered 10 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 10 yrs at declared rates
- Rs 505,000
Est. total benefit
Rs 1,505,000
15-year policy
pay 15 yrs · covered 15 yrs
- Sum assured
- Rs 1,000,000
- + Bonuses, 15 yrs at declared rates
- Rs 1,155,000
- + Terminal bonus
- Rs 450,000
Est. total benefit
Rs 2,605,000
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 Shad Abad Plan premium
Live from State Life's official calculator, preset to the Shad Abad 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 78
Muhafiz Plus
An endowment with a built-in family income: double the sum assured on accidental death, and a fixed yearly income to your dependants for 15 years on top of the lump sum.
Plan details →Table 01
Whole Life Plan
Cover that never expires: the sum assured plus every bonus ever declared goes to your family whenever you die — or to you at 85 — with State Life's highest declared bonus rates.
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 →Shad Abad Plan questions
Before you choose the Shad Abad Plan
What makes Shad Abad different from the Endowment plan?
The death benefit. A standard endowment pays the sum assured plus bonuses on death; Shad Abad pays double the sum assured plus bonuses, and four times on accidental death. Maturity benefits are the same shape.
Are the bonuses the same as the Endowment's?
Yes — State Life's bonus page applies the Endowment rates to the Shad Abad Plan.
What terms and ages are available?
Terms of 10, 15, 20 or 25 years for entry ages 20 to 60, with maturity by age 70.
What happens if I stop paying?
After the policy has acquired a surrender value it can be made paid-up for a reduced sum assured, but a paid-up Shad Abad policy earns no further bonuses.
Can I calculate the premium online?
Yes — Shad Abad (Table-36) is in State Life's calculator; use it on this page.
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 Shad Abad 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 Shad Abad 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.