PLIC is Pakistan's first provincial public sector life insurance company, established by the Government of Punjab to provide accessible, reliable, and government-backed life and health insurance solutions to the citizens of Punjab.
Yes. PLIC is wholly owned by the Government of Punjab and operates under the regulatory oversight of the Securities and Exchange Commission of Pakistan (SECP), ensuring compliance with financial soundness, corporate governance, and policyholder protection standards.
To design and deliver inclusive insurance solutions that balance social impact and financial sustainability — empowering individuals and families across all income segments to live with dignity and security.
PLIC serves a wide range of segments, including the salaried class, small business owners, farmers, daily wage workers, and other underserved and low-income groups who have traditionally had limited access to insurance.
PLIC is preparing to launch both Individual Solutions and Corporate Solutions:
● Individual Solutions: Life/Family Takaful (Wealth Management, Goal-Based Solutions, Protection-Based Solutions), Health Takaful, and Pension & Annuities.
● Corporate Solutions: Group Life Cover, Group Health, Disability Benefits, and other Employee Benefits.
These products are currently being finalized and will be announced once available.
Yes, PLIC plans to offer Family Takaful and Health Takaful options alongside its conventional insurance products once its product suite is launched.
Yes. Corporate clients will be able to access Group Life Cover, Group Health coverage, Disability Benefits, and other tailored employee benefit solutions as these offerings become available.
Yes, PLIC intends to introduce Pension & Annuity solutions designed to support long-term financial security after retirement.
PLIC plans to operate through multiple business lines, including corporate partnerships, bancassurance, individual life agency networks, affinity/digital products, and micro insurance channels — aimed at extending coverage to both urban and underserved communities once fully operational.
Yes. PLIC plays a role in managing social health insurance initiatives on behalf of the Government of Punjab, including facilitating the Chief Minister's Health Program.
Complaints related to the CM Health Program can be filed through PLIC's dedicated online Complaint Management System.
PLIC's products have not yet been launched. Once available, customers will be able to get in touch with PLIC through the contact details on our website or request a quote by specifying the type of insurance they're interested in (Life, Health, Group, or Takaful). Please check back for updates on product availability.
A Complaint Forum is available on the PLIC website for policy-related complaints. As product offerings are launched, this channel will support policyholders directly.
● Address: First Floor, Pakistan Engineering Congress Building, 97-A/D-1, Liberty Market, Gulberg III, Lahore
● Phone: +92-42-37897452
● Email: info@punjablife.com.pk
● Office Hours: 9:00 AM – 5:00 PM
Yes, PLIC is licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP), operating under the same regulatory framework as other insurance companies in the country.
