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Product Individual (Akok Bima) Children Education Security Plan
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
Children education security scheme enables one to let their children receive the education of highest echelon without worrying about the undue burden of expenses needed. The policy holder does not need to depend on anyone to provide money for his child's education.
"CHILDREN EDUCATION SECURITY PLAN"
Features & Eligibility:
Types of plan: | It is an Endowment assurance plan for children's education. |
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: | 75 years |
Policy terms: | 10, 15 & 20 years |
Mode of payment: | Yearly, Half-yearly |
Income tax: | Income tax relief permissible. |
Premium Calculation : | Premium rate chart (per thousand) given in the brochure. |
Benefits:
"On death of the Life insured within the term" | |
01. | A monthly Education Allowance to the beneficiary child till the end of selected term @Tk. 10.00 per Tk. 1000/-Sum insured. |
02. | From the end of selected term, increased monthly Education Allowance for higher education for five years certain @ Tk. 20.00 per Tk. 1000/- Sum insured (or) |
03. | Payment of the Sum insured on the date selected as a lump sum. |
"On Survival to the end of the term selected" | |
01. | Payment of the Sum Insured with guaranteed bonus of Tk. 20.00 per Tk. 1000/-Per Year (or) |
02. | Payment of Education Annuity @ Tk. 20.00 per Tk. 1000/-Sum insured per month for 5 years certain and payment of guaranteed bonus in lump sum.
God forbid, if the child dies, the policy can be continued in replacement with another child or by the policy holder himself. |
Supplementary Insurance Brochure
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