- This plan assures the policyholder to receive the full sum assured together with accrued bonuses on maturity.
- The nominee of the policyholder will receive full sum assured with accrued bonuses on death of the policyholder
- Minimum policy term would be for 10 years, and maximum would be for 35 years
- Minimum face amount/ basic sum assured of the policy would be BDT 100,000 and maximum would be BDT 10,00,000
- Minimum annual premium would be BDT 2,940
- Premiums can be paid annually, half yearly & quarterly
- 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 the full sum assured together with accrued bonuses on maturity at the end of the term. The policyholder can utilize the maturity benefit for performing Haj or for any other purpose. If he/she requires cash benefit before the maturity of the policy he/she can surrender the policy and receive cash surrender value to be quoted by the Company at the time of surrender of the policy.
- Death Benefit: The nominee will receive full sum assured on death of the policyholder within the term of the policy together with accrued bonuses.