This three-installment term insurance provides partial sum assured payouts, helping fund life’s important milestones like education, marriage, and investments.
25% payable at 1/3 and 2/3 of the policy term, ensuring financial support at key stages of life.
The remaining 50% along with accrued bonuses is paid at policy maturity for complete financial security.
In case of the policyholder’s death before maturity, the full sum assured with bonuses is paid, regardless of previous installments received.
Features & Eligibility
- Insurance Partner: National Life Insurance
- Type of Plan: It is an Anticipated Endowment assurance plan with three payments.
- Minimum Entry Age: 18 years
- Maximum Entry Age: 58 years
- Minimum Sum Assured: Tk. 30,000/=
- Maximum Sum Assured: Based on socio-economic condition
- Maximum Maturity Age: 70 years
- Policy Terms: 12, 15, 18 & 21 years
- Mode of Payment: Yearly, Half-yearly
- Income Tax: Income tax relief permissible.
- Premium Calculation: Click here to see to see Premium rates.
- Supplementary Coverage: DIAB (Double Indemnity Accidental Benefit)
PDAB (Permanent Disability Accident Benefits)
Indicative Premium
|
Annual Premium per 1 Lac BDT Policy |
|||
|
Current Age (in years) |
Tenor of Policy (Years) |
||
|
15 |
18 |
21 |
|
|
30 |
7,776 |
6,575 |
5,693 |
|
35 |
7,856 |
6,723 |
5,886 |
|
40 |
8,107 |
7,000 |
6,319 |
|
45 |
8,494 |
7,465 |
6,930 |
|
50 |
9,113 |
8,202 |
N/A |
Note:
- 3% additional premium will be charged in case of half-yearly payment system.
- If sum assured is one lac or below than, one taka should be added to the above premium rate.
For queries, claims & settlement, please feel free to contact:
