Hot Line 16749
Hot Line 16749
Product Individual (Akok Bima) Five Payments Endowment Insurance
Endowment Insurance (With Profits)
Anticipated Endowment Insurance (With Profits)
Child Protection Policy
Five Payments Endowment Insurance
Double Protection Endowment
Children Education Security Plan
Pension Policy
Whole Life Insurance
Single Premium Policy
Assurance Cum Pension Policy
The sum assured is payable in five installments in between the duration of the policy term. This policy allows the policy holder to meet his financial need more than once in this way. Thus the policy holder can use the money to generate his funds periodically either for expansion of business or house construction or children's education or marriage or any other purpose. The popularity of this type of insurance policy is rising high.
FIVE PAYMENTS ENDOWMENT INSURANCE
(WITH PROFITS)
Features & Eligibility:
| Types of plan: | It is an Anticipated Endowment assurance plan with five payment. |
| Minimum entry age: | 18 years |
| Maximum entry age: | 55 years |
| Minimum sum assured: | Tk. 30,000/= |
| Maximum sum assured: | Based on socio-economic condition |
| Minimum maturity age: | 28 years |
| Maximum maturity age: | 70 years |
| Policy terms: | 10, 15, 20, 25 & 30 years |
| Mode of payment: | Yearly, Half-yearly |
| Income tax: | Income tax relief permissible. |
| Premium Calculation : | Premium rate chart (per thousand) given in the brochure. |
| Supplementary rider : | DIAB (Double Indemnity Accidental Benefit) PDAB (Permanent Disability Accident Benefits) |
Benefits:
| 01. | 10% of the sum assured is payable on the survival of the policy holder after completion of 1/5th time of the selected term of policy. |
| 02. | 15% of the sum assured is payable on the survival of the policy holder after completion of 2/5th time of the selected term of policy. |
| 03. | 20% of the sum assured is payable on the survival of the policy holder after completion of 3/5th time of the selected term of policy. |
| 04. | 25% of the sum assured is payable on the survival of the policy holder after completion of 4/5th time of the selected term of policy. |
| 05. | 30% of the sum assured is payable after expiry of selected term with accrued bonuses. |
| 06. | On death of the policy holder before the term of maturity the sum assured with accrued bonus is payable even if he had received term installments according to the policy. |
Supplementary Insurance Brochure
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