Single Premium Assurance Plan

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 policy would be BDT 10,000
  • Minimum age of buying policy is 18 years and maximum age is 55 years.
  • Income tax rebate may be obtained by taking the policy.
  • The claim amount is also tax free.

Benefit:

  • Survival Benefit : The policyholder will receive twice the basic sum assured on maturity of the policy.
  • Death Benefit: The nominee will receive twice the basic sum assured on death of the policyholder within the term of the policy.
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