- This plan assures the policyholder to receive full sum assured together with accrued bonuses on maturity.
- The nominee of the policyholder will receive full sum assured with accrued bonus on death of policyholder
- Minimum policy term would be for 10 years, and maximum would be for 25 years
- Minimum face amount/ basic sum assured of the policy would be BDT 50,000 and maximum would be BDT 1,00,00,000
- Minimum monthly premium would be BDT 1000
- Premiums can be paid annually, half yearly, quarterly, & monthly
- Minimum age of buying policy is 20 years and maximum age is 55 years.
- This policy would be surrendered after two yearly installments are paid.
- Policy holder may obtain a loan (maximum 90% of surrender value) against the policy.
- Accidental Death Benefits (ADB) & Permanent Disabilities Accidental Benefits (PDAB) may be covered
- Income tax rebate may be obtained by taking the policy.
- The claim amount is also tax free
The policyholder will receive full sum assured together with accrued bonuses on maturity at the end of the term.
The nominee will receive full sum assured on death of the policyholder within the term of the policy together with accrued bonuses.