Chartered Life

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Chartered-Pension Plan

Features:

  • This plan assures the policyholder to receive annual pension stated in the policy document for a guaranteed period of ten years and as long as he/she is alive thereafter.
  • This plan also assures the nominees of the policyholder to receive ten times the amount of annual pension for immature death of policyholder
  • Premium can be paid on annually, half yearly, quarterly & monthly basis
  • Minimum policy term would be for 5 years
  • Minimum face amount/ basic sum assured of the policy would be BDT 10,000
  • Minimum premium would be BDT 666
  • Minimum age of buying policy is 20 years and maximum age is 55 years.
  • Policy holder may obtain a loan (maximum 90% of surrender value) against the policy.
  • Income tax rebate may be obtained by taking the policy.
  • The claim amount is also tax free

Benefits:

Survival Benefit:

The policyholder will receive annual pension stated in the policy document for a guaranteed period of ten years and as long as he/she is alive thereafter.

Death Benefit:

The nominee will receive ten times of the amount of annual pension for immature death of the policyholder.

Chartered Life Bangladesh
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