Chartered Single Premium Plan

Features:

  • This plan assures the policyholder to receive twice of the basic sum assured at the maturity of the policy or to the nominees for immature death of policyholder.
  • Premium to be paid on single installment.
  • Policy term would be for 6 years, 8 years, 10 years, 12 years, 14 years & 16 years.
  • Minimum face amount/ basic sum assured of the policy would be BDT 20,000.
  • Minimum premium would be BDT 29,000.
  • Minimum age of buying policy is 18 years and maximum age is 50 years.
  • Income tax rebate may be obtained by taking the policy..
  • The claim amount is also tax free.

Survival Benefit:

  • The policyholder will receive twice the basic sum assured on maturity of the policy.

Death Benefit:

  • The nominee will receive twice the basic sum assured on death of the policyholder within the term of the policy.