Plan 12- Money Back Term Insurance Plan -with profit

Sum Assured

Minimum Tk.30,000.00

Policy Term

10, 15 and 20 years

Age at Commencement

Minimum 20 Years, Maximum 50 years

Age at Maturity

Minimum 30 Years, Maximum 60 Years

Mode of Payment

Quarterly, Half-yearly, Yearly

Policy period alteration

No Alteration of Policy Period is Possible in this policy.

Rider Cover

Policyholder can take additional rider coverage as follows:

1. Double Indemnity Accident Benefit (DIAB) and

2. Permanent Disability and Accident Benefit (PDAB)

Benefits

Maturity benefit

The policyholder will receive return of all premiums paid during the term of the policy along with 25% of basic sum assured on maturity of the policy.

Death benefit

On death of the insured during the term of the policy the nominee(s) will be paid 100% of the Insured Amount.

Investment

The insured can avail the investment facility (maximum 90% of Surrender/ Encashment value) after completion of 2(two) years.

Surrender & Paid-Up

The insured can avail Surrender/ Encashment value after completion of 2(two) years.

Income Tax

The Policyholder gets tax rebate facility against the paid policy premium.

Death claim is tax free.

5% tax will be deducted from the net profits the Policyholder gets from the insurance company at the time of maturity payment.