- 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
Survival Benefit: The policyholder will receive full sum assured together with accrued bonuses on maturity at the end of the term.
Death Benefit: The nominee will receive full sum assured on death of the policyholder within the term of the policy together with accrued bonuses.