Company Overview

Postal Life Insurance is the oldest service of its kind in the subcontinent. It was established in 1884, initially to secure the lives of postal mail runners. Later on, its services were extended to other government employees as well. After independence in 1947, Postal Life Insurance emerged as a key player in the life insurance business and started offering its services to the general public through a vast network of Post Offices of Pakistan Post.

The Government of Pakistan (GoP) decided to establish a separate legal entity named “Postal Life Insurance Company Limited” (PLICL) independent from the agency of Pakistan Post. On 10th March 2020, the company was incorporated in Pakistan as a limited company under the Companies Act, 2017. It was registered under the Securities and Exchange Commission of Pakistan Insurance Division on 26th August 2020.

PLIC provides individual, group life and savings solutions through a vast network of over 10,000 Post Offices and 47 field offices spanning all over Pakistan.

With the help of the Ministry of Communications, Pakistan Post and the support of the Federal Government, the business has been transformed to adopt best practices, capitalize on its distribution strength and increase value for its large existing and new customers.

Our Vision

To become a first choice of insurance and savings for every citizen of Pakistan by offering affordable, reliable and smart solutions.

Our Mission

To help our customers achieve financial security against the expected and unexpected events of life.


CEO's Message


Muhammad Naeem Akhtar

CEO, PLIC

The Brand “Postal Life Insurance” stands on three pillars; Legacy, Trust, and Heritage. It takes years for any company in the business of insurance to build what we have from the day Postal Life Insurance Company was established.

Historically our business has thrived on the back of a public service brand, Pakistan Post. I believe that each and every insurance or savings plan that our customers buy from us carries an expectation that their money is safe and secure. This is our biggest strength.

With the transformation of Postal Life business to a company, we will build on this strength with a mission to help our existing and new customers achieve financial security for themselves and for their family’s future.

The use of technology, training, and development of our staff will be the primary focus, which will bring a cultural shift from process-driven to a customer-centric approach. Each of our employee will have one thing to achieve – “bring a positive change in the lives of our customers”.

Board Of Directors

Capt (R) Mohammad Khurram Agha

Chairman Board PLICL & Federal Secretary, Ministry of Communications

Hassan Akhtar

Director General,
Pakistan Post

Akif Saeed

Member Board of Directors, PLICL

Farzin Khan

Member Board of Directors, PLICL

Naeem Akhtar Sheikh

Member Board of Directors, PLICL

M.Naeem Akhtar

Member Board of Directors, PLICL & CEO

Management

Sarfaraz Ahmed Sheikh

Head of Internal Audit

Sandeep Kumar Rajpal

Company Secretary & Head of Compliance

Syed Arshad Ullah

Head of
Underwriting

Sunil Cecil

Chief Investment Officer

Atif Sajjad

Chief Technology Officer

Zahid Karim Shar

Chief Financial Officer
About PLIC

Key Information

  1. Status of the Company: Public Interest & Large Sized Company
  2. Company Registration Number: 0149040
  3. NTN: 8131376-2
  4. Name of the External Auditor:  Ilyas Saeed & Co, Chartered Accountants
  5. Name of Legal Adviser:  AHM & Co (Advocates and Corporate Counsel)