Features:
- 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 the death of the policyholder.
- The minimum policy term would be for 10 years, and the maximum would be for 25 years.
- The minimum monthly premium would be BDT 300.
- The minimum age of buying the policy is 20 years and the maximum age is 55 years.
- This policy would be surrendered after two yearly installments are paid.
- The policyholder 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.
Benefit:
- 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.