Key features for Retail Products

Product-1: Three Payment Plan (With Bonus)

The Three Payment Plan (With Bonus) by Sunlife offers a unique insurance product that provides flexible payouts during the policy term, ensuring both financial security and convenience. This plan is designed to meet the financial goals of policyholders through staged payouts and bonus provisions, making it a reliable choice for individuals seeking structured financial protection and long-term savings.

Key Features

Structured Payouts: Insurance money is distributed in three installments during the policy term.

25% of the sum assured is provided after the first and second thirds of the term, with the remaining 50% paid at maturity.

Bonus Facility: Accumulated bonuses are paid alongside the final maturity payout.

Eligibility: Minimum age for policyholders is 20 years, with a maximum entry age of 60 years.

Policy can be availed by male policyholders up to 72 years and female policyholders up to 67 years at maturity.

Loan Facility: Up to 90% of the policy’s surrender value can be taken as a loan after two premium payments.

Tax Benefits: Premiums paid under this plan qualify for tax rebates.

Additional Coverage: Riders such as double indemnity and disability benefits are available.

Flexible Premium Payments: Premiums can be paid annually, semi-annually, or quarterly.

Uses of Installment Payouts: Installment payouts can be utilized for life events like children’s education, marriage, or other family needs.

Product-2: Single Premium Endowment Plan – Guaranteed Profits

Invest in your future with our Single Premium Endowment Plan, where a one-time investment secures guaranteed financial returns and ensures peace of mind. This policy combines life insurance protection with assured growth, offering a perfect blend of savings and security for a worry-free tomorrow.

Key Features:

Guaranteed Profits: A fixed and secure return on investment, ensuring financial stability.

One-Time Premium Payment: Hassle-free, single-payment policy to reduce recurring financial burden.

Maturity Terms: Policy term of 10 years tailored to your financial goals.

Life Protection: In the event of the policyholder’s unfortunate demise, the nominee receives the insured amount.

No Hidden Costs: Transparent terms with no additional fees upon claim maturity.

Tax Rebate: Enjoy tax rebates on your income tax.

Age Eligibility: Available for individuals aged 20 to 55 years.

Product-3: Endowment Assurance (With Bonus)

The Endowment Assurance (With Bonus) plan is your ultimate financial partner, offering the perfect blend of life protection and savings. Whether you’re planning for future milestones or ensuring financial security for your loved ones, this plan is designed to help you achieve your goals with peace of mind. With added bonuses, flexible terms, and affordable premiums, it’s more than just insurance—it’s an investment in your dreams.

Key Features

Entry Age Flexibility:

Open to individuals aged 25 to 50 years, making it suitable for a wide range of applicants.

Customizable Policy Terms:

Choose policy durations between 10 and 30 years to suit your financial planning needs.

Attractive Bonus Facility:

Enjoy annual bonuses that increase the total payout, maximizing your returns.

Affordable Premiums & flexible Sum Assured:

Premiums are calculated based on your age, term and sum assured, ensuring affordability. Coverage starts from a minimum of BDT 1,000 increasing in multiples, giving you control over your financial protection.

Special Eligibility for Educated Professional Women: Policies are available up to 50 years of age for highly educated and professional females. For other applicants, the maximum entry age is 45 years.

Financial Security & Savings: Combines life insurance with disciplined savings, ensuring a secure future for you and your family.

Comprehensive Financial Planning:

A complete solution to ensure long-term security while meeting life’s financial goals. Plan

Tax Rebate: Enjoy tax rebates on your income tax, making this policy not just a financial safety net but also a tax-saving tool

Product-4: Deposit Pension Scheme Plan (With Bonus)

Your Key to a Secure Future

Looking for a smart way to secure your financial future? Our Deposit Pension Scheme Plan (with Bonus) is designed to provide financial stability and peace of mind for you and your family. Whether you’re planning for retirement or looking for life insurance benefits, this plan combines savings, security, and growth in one package.

Key Feature:

Flexible Premium Options: Choose from monthly premiums starting at just 500 BDT with options up to 10,000 BDT. Customer can also choose, quarterly, half yearly & yearly premium option.

Attractive Maturity Benefits: Receive the full insured amount along with accrued bonuses at the end of the policy term.

 Life Insurance Coverage: Comprehensive coverage ensures financial security for your loved ones in case of unforeseen circumstances.

Monthly Pension Benefits:

Get guaranteed monthly pension starting after completing policy term (5 or 10 years) to secure your post-retirement income.

Death Benefit: Full sum insured (with bonus) is paid to the nominee if the policyholder passes away during the term.

Wide Eligibility: Open to both men and women aged 18 to 45 years.

 Easy Enrollment: Simple documentation process, requiring proof of identity, age, and income.

Affordable and Reliable: Tailored to provide maximum benefits with minimal investment for financial stability and growth.

Product-5: Biennial Payment Plan (With Profit)

Secure your future with our Biennial Payment Plan (With Profit) – a smart life insurance policy that offers periodic payouts, life coverage, and attractive maturity benefits. Designed to provide financial stability and flexibility, this plan ensures your peace of mind while helping you achieve your financial goals.

Key Features

 Regular Payouts: Receive periodic payments (Survival Benefits) every two years during the policy term.

Flexible Policy Terms: Choose from 10, 15, or 20-year plans based on your financial needs and goals.

Life Coverage: In the event of the policyholder’s demise, the nominee receives the full insured amount along with bonuses.

Maturity Benefits: At the end of the policy term, you receive the remaining insured amount along with accumulated bonuses.

Tax Benefits: Enjoy tax rebates on premiums and bonus amounts are completely tax-free.

Optional Coverage Add-Ons: Enhance your plan with optional benefits like Accidental Death Benefits (ADB), Permanent Disability Benefits (PDAB), and Health Insurance (HI).

Product-6: Sunlife Pension Deposit Insurance (SPDI)

Sunlife Pension Deposit Insurance (SPDI) is a specially designed financial product that combines savings and insurance. It provides individuals with a secure and profitable pension plan, ensuring financial stability for the future. With flexible monthly premium options, this plan is suitable for a wide range of customers looking for both long-term savings and life insurance coverage.

Key Features:

Flexible Premium Options: Monthly premiums start as low as BDT 100, with higher premium options available up to BDT 20,000.

Coverage Tenure: Policies are available for durations of 12, 15 and 20 years, offering tailored plans based on individual needs.

Payout with Profit: Guaranteed payout at the end of the policy term, along with additional profit, ensuring maximum benefits for policyholders.

Age Eligibility: Open to individuals aged between 18 and 45, ensuring broad accessibility.

Ease of Enrollment: Minimum documentation required, making the process smooth and hassle-free.

Additional Benefits: Death benefits provided to the nominee(s) in case of an unfortunate event during the policy term. Lump-sum payout on maturity, providing financial security during retirement.

Product-7: Endowment Assurance Plan (Guaranteed Profit)

This plan offers a combination of life insurance and savings, ensuring financial security for policyholders and their families. It guarantees a lump sum benefit upon maturity or in the event of the policyholder’s untimely death during the policy term. This makes it a reliable financial solution for future planning and security.

Key Features:

Flexible Policy Terms: Choose from terms of 10, 15, 20, 25, or 30 years based on your financial goals and needs.

Guaranteed Maturity Benefits: Receive guaranteed bonuses upon policy maturity, ensuring a secure financial return.

 Death Benefits: In case of the policyholder’s death, the nominee receives the assured sum along with accrued bonuses.

Eligibility: Male policyholders: Educated male will get 60 years & others will get 55 years

Female policyholders: Educated female will get 55 years & others will get 50 years.

Optional Riders: Add supplementary insurance coverage for enhanced benefits.

Premium Payment: Flexible premium payment options, including annual, semi-annual, and monthly installments.

Loan Facility: Policyholders can take loans against the policy based on certain terms and conditions.

Tax Benefits: Enjoy tax rebates on premiums and bonus amounts are completely tax-free.

Product-8: Pension Bima (without Bonus)

“Pension Bima” offers a financially secure retirement plan designed to ensure regular income even after retirement. This innovative insurance policy helps policyholders plan for their future by providing pension benefits and life coverage while offering tax advantages.

 Key Features:

Guaranteed Retirement Income: Ensures a steady annual pension after retirement for financial stability.

Family Security: In case of the policyholder’s death, the nominee receives a lump-sum amount to secure their future.

Affordable Premiums: Cost-effective premium structure, tailored to meet diverse financial needs.

Multiple Payment Options: Monthly, quarterly, or yearly payment modes are available.

Additional Benefits: Tax-free pension and payouts. Loans are available against the policy after a set period.

Customizable Pensions: Policyholders can adjust their annual pension amounts according to their future requirements.

Low Total Cost: Provides high returns with low overall costs for premiums.

No Bonus Policy: Focuses on guaranteed fixed pension amounts rather than bonuses.

Product-9: Child Protection Plan (with Bonus)

Ensure a secure future for your child with the Child Protection Plan by Sunlife. This comprehensive policy is designed to safeguard your child’s financial well-being, even in unforeseen circumstances, offering both security and growth opportunities.

Key Features:

Comprehensive Coverage: Protects your child’s future with financial security during unexpected events.

 Premium Waiver: In case of the policyholder’s death during the premium payment term, all future premiums are waived.

Maturity Benefits: Provides financial support upon policy maturity, ensuring a secure future for higher education or other needs.

Bonus Options: Bonuses are added to the sum assured, increasing financial benefits over time.

Death Benefits: If the policyholder dies before the maturity date, the sum assured is paid, along with additional bonuses.

Affordable Premium: Premiums are designed to be budget-friendly while providing significant financial returns.

Health and Risk Provisions:  Option to include health-related riders for additional coverage