Notice: Information on this website is currently being updated.
In expected three installment term insurance, the Sum Assured is available at partial rates in 3 installments over the
entire term. The installment money received during the term helps to invest in profitable activities or to implement the
marriage, education and other plans of children.
Key Features
- Types of Plan: Anticipated Endowment Insurance plan with three payments.
- Minimum Entry Age: 18 years
- Maximum Entry Age: 58 years
- Minimum Sum Assured: Tk. 100,000
- Maximum Sum Assured: Based on socio-economic condition
- Maximum Maturity Age: 70 years
Eligibility & Parameters
Policy Terms: 12, 15, 18 & 21 years
Mode of payment: Yearly, Half-yearly, Quarterly
Income tax: The Policyholder can avail tax rebate facility against the policy.
Premium Calculation : Premium rate chart (per thousand) given in the brochure.
Supplementary Coverage : DIAB (Double Indemnity Accidental Benefit)
PDAB (Permanent Disability & Accidental Benefits)
Policy Benefits
On Survival:
i. 25% of the Sum Assured is payable on the survival of the policyholder after completion
of 1/3 time of the policy period.
ii. Another 25% becomes payable on the survival of the policyholder after completion of 2/3
time of the policy period.
iii. Remaining 50% of Sum Assured with accrued bonuses will be paid at maturity.
of 1/3 time of the policy period.
ii. Another 25% becomes payable on the survival of the policyholder after completion of 2/3
time of the policy period.
iii. Remaining 50% of Sum Assured with accrued bonuses will be paid at maturity.
On Death: On death of the insured during the term of the inforce policy; Sum Assured with accrued bonuses
will be paid to the nominee(s).
Loan : The insured can avail the Loan facility (maximum 90% of Surrender/ Encashment value) after
completion of 2 (two) years.
Surrender : The insured can avail Surrender/ Encashment value after completion of 2(two) years.