Sum Assured

Minimum Tk. 20,000

Premium

Minimum Tk. 1,000 Yearly

Policy Term

12, 15, 18, 21 years

Age at commencement

Maximum55 years

Age at maturity

Maximum67 years

Mode of payment

Half-yearly, Yearly

During policy

(Survival Benefit)

• 25% of Sum Assured will be paid after completion of 1/3 of policy period.
• 25% of Sum Assured will be paid after completion of 2/3 of policy period.

Maturity benefit

Remaining 50% of Sum Assured with accrued bonuses will be paid.

Death benefit

On death of the insured during the term of the policy Sum Assured with accrued bonuses will be paid to the nominee(s).

Investment

The insured can invest the Survival Benefit (SB) amount.

Surrender

The insured can avail Surrender/ Encashment value after completion of 2(two) years.

Income Tax

• Deduction of 5% tax from any payment in excess of premium paid.
• The Policyholder can avail tax rebate facility against the policy.
• Death claim is tax free.

Rider Cover

Policyholder can take rider coverage as follows:

• Double Indemnity Accident Benefit (DIAB) and
• Permanent Disability and Accident Benefit (PDAB)
• Hospital Insurance (HI)