Introduction: Low income people of Bangladesh such as farmers, labor cooperatives, herdsmen, fishermen, blacksmiths, potters, weavers, housewives and all levels of people staying in the country and abroad can get the benefit of life insurance under this scheme. This scheme is applicable to those who are not covered by pension either in work or personal …
Introduction: Under this plan, on one hand, the beneficiary child is guaranteed to receive a large amount of money on maturity, and on the other hand, in case of death of the premium payer during the term (God forbid), there is a financial security system to fulfill the parents’ dreams by paying a specific scholarship …
Introduction: Under this plan, insurance risk can be taken jointly in the name of both husband and wife with one’s premium. In case of the death of either spouse during the term (Allah forbid), the premium will cease and the sum insured will be paid to the other with the profit earned. This insurance is …
Introduction: Low-income people of Bangladesh such as farmers, labor cooperatives, herdsmen, fishmongers, blacksmiths, potters, weavers, housewives, and all levels of people staying in the country and abroad can get the benefit of life insurance under this scheme. The scheme applies to those who are not covered by pension either in work or personal life and …
Introduction: Low-income people of Bangladesh such as farmers, labor cooperatives, herdsmen, fishermen, blacksmiths, potters, weavers, housewives, and all levels of people staying in the country and abroad can get the benefit of life insurance under this scheme. The scheme applies to those who are not covered by a pension in work or personal life and …
Mercantile Deposit Protection Scheme (MDPS With Profit) Read More »
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 …
Features: This plan assures the policyholder to receive twice of the basic sum assured at the maturity of the policy or to the nominees for immature death of policyholder Premium to be paid on single installment. Policy term would be for 6 years to 15 years respectively. Minimum face amount/ basic sum assured of the …
Introduction : The Child of today is the future of tomorrow. Mercntile Islami life Insurance Limited is devoted to ensure their secured future through this Child Protection Assurance Plan. Features: This policy will cover both the lives of child & the policyholder. The child’s minimum age at entry is 06 (six) months & the maximum …
Introduction : Denmohor Bima is unique insurance plan innovated by Mercantile Islami Life to provide financial security for the married or bachelor individuals to pay off the denmohor to their spouse. According to Mohamedan and Contract Law, it is obligatory for the husband to pay his wife this rightful money agreed upon the contract of …
Features: 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 5 years, and maximum would be for 15 years. Minimum face amount/ basic …
