Endowment Assurance – (with guaranteed profits) Plan-04
মেয়াদী সঞ্চয়ী বীমা- (নিশ্চিত লাভযুক্ত) - পরিকল্প ০৪ Download
An endowment policy is a life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or on death. Typical maturities are 10,15,20,25 or 30 years up to a certain age limit.
Endowments can be cashed in early (or surrendered) and the holder then receives the surrender value which is determined by the insurance company depending on how long the policy has been running and how much has been paid into it (2 years).
Loan can be taken in case necessary up to 90% of surrender value of the insurance policy.
Besides, supplementary insurance like DAB, PDAB covers can be attached with the main policy.
Benefits:
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Policies are guaranteed profits of 20,30,40,50 or 60 per thousand sum assured respectively which will be paid at maturity with SUM ASSURED.
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In case of death or survival of the assured till end of the term SUM ASSURED with guaranteed profits will be paid.
