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.