BIENNIAL PAYMENT PLAN (WITH PROFIT) PLAN-12
দ্বিবার্ষিক প্রদান বীমা Download
Anticipated Endowment plans have unique feature where a part of the sum assured is paid at certain intervals during the term of the policy and the balance of the sum assured together with the accrued bonus at maturity.
The life assured continues enjoying the life cover such that in the event of death at any time during the term of the policy i.e., before the maturity date, full sum assured and bonuses are payable.
Typical maturities are 10, 15 or 20 Years. The Age of the insured must not exceed 65 years at maturity.
Supplementary such as DAB, PDAB and HI covers available with this plan.
Benefits:
Anticipated Endowment biennial payments, which has payouts as shown bellow:
|
POLICY TERM |
WHEN PAYABLE |
% OF SUM ASSURED PAYABLE
|
% OF SUM ASSURED PAYABLE ON MATURITY
|
|
10 Years |
4, 6 & 8 Years |
20% |
40% |
|
15 Years |
4, 6, 8, 10, & 12 Years |
15% |
25% |
|
20 Years |
4, 6, 8, 10, 12, 14, 16 & 18 Years |
10% |
20% |
Notwithstanding the payment of any number of installments, the policyholder remains covered for full risk and on death occurring before maturity, full sum assured and accrued bonuses will be payable.
