National Life Insurance Co. Ltd.|| Individual (Akok Bima)

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

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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

Download Brochure

DIAB

PDAB