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Product Summary

A limited period single premium plan with guaranteed addition.

Death Benefit

  • 120 % of Basic Sum Assured with Guaranteed Addition of Tk.50/- per thousand for completed policy year.

Accidental death Benefit on 1st year

  • Upon accidental death of the insured with in the first policy year before age 65, an additional 10% of the Basic Sum Assured will be payable.

Maturity Benefit

  • At the end of period of 6 Years,
  • Maturity benefit = Sum Assured + Guaranteed Addition of Tk. 50/- per thousand per year + Loyalty Additions (As declared by the company)

Total Permanent Disability Benefit

  • 120% of basic Sum Assured is returned with Guaranteed Addition of Tk. 50 Per thousand per year for completed year on Basic Sum Assured each year from commencement to the date of diagnosis of disability before age 65.
  • Minimum Age at entry: 12 years (completed)
  • Maximum Age at entry: 64 years (Last Birthday)
  • Maximum age at Maturity: 70 years (Last Birthday)
  • Minimum Sum Assured: Tk 10,000 (In Multiples of 5000)
  • Maximum Sum Assured: Tk 1 Cr.
  • Policy Term: 6 years
  • Mode Allowed: Single
  • Surrender & Loan Facilities Available: After completing 2 years

Age -35 Years
Sum Assured – Tk 1 Lac
Policy Term – 6 years
Single Premium – Tk 97,315

  • Copy of the NID of the applicant
  • 1 color passport-size photo of the applicant
  • Copy NID of the proposed nominee
  • 1 color passport-size photo of the proposed nominee
  • Proof of income of the applicant, depending on the sum assured (will be required if sum assured crosses 10 Lacs)
  • Copy of the NID of the legal guardian where the proposed nominee is minor
  • 1 color passport-size photo of the legal guardian where the proposed nominee is minor

* For any further query please contact your nearest Premier Bank Branch.

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