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Product    Individual (Akok Bima)    Double Protection Endowment

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Death is an inevitable fact of life. To minimize the financial risk and ensure some security for the family due to such loss of life, this double protection plan is preferred by many. If unfortunately the policy holder dies before the maturity of the policy his/her nominee will get twice the sum assured for every thousand taka. The policy holder will be charged to pay premium till the day of death. On survival the policy holder will receive the sum assured with accrued bonus.



Features & Eligibility:

Types of plan: It is a Double Protection Endowment assurance plan.
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 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)


01. Full sum assured with accrued bonus is payable on survival up to maturity.
02. On death of the policy holder, twice the sum assured for every thousand taka i.e., two thousand taka against one thousand taka is payable.
03.Bonus will be calculated considering the amount of sum assured.
04.DIAB or PDAB supplementary cover can be added with this policy on payment of usual premium.

Supplementary Insurance Brochure

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