Term of insurance plan: 5 – 52 Years
Sum Assured: Any amount of sum assured starting with minimum of BDT 1,00,000
Age: 18-65 years (At Maturity, age of the policyholder can’t exceed 70 years)
Premium Payment Method: Yearly, Half-yearly, Quarterly and Monthly
Premium Conversion Rate:
- Yearly to Monthly = Yearly Premium X 0.0925
- Yearly to Quarterly = Yearly Premium X 0.275
- Yearly to Half Yearly = Yearly Premium X 0.525
Supplementary Insurance Facilities:
This plan allows you to avail any or multiple of the following supplementary insurance facilities:
- PDAB: Permanent Disability and Accidental Benefit
- DIAB: Double Indemnity Accidental Benefit
- Health Insurance (HI)
- Insurance for Critical illness (CI)
- The policy applicant must be in good & sound health
- The policy applicant must have own, valid and regular income
- Upon maturity of the insurance plan, the policyholder will get the full survival benefit which is the entire sum assured.
- If the policyholder dies while the plan is in force before the expiry of the insurance plan, then the policyholder’s nominee will be paid the full sum assured.
- The policy achieves paid-up status after paying at least 2 (two) years of premium, after that the policy may be converted to a reduced Sum Assured upon request of the policyholder.
- Surrender Value and Loan Benefit: Upon payment of at least 2 (two) years of premium, a policy achieves Surrender Value. There is option for Policyholder to avail Policy Loan up to a maximum of 90% of the Surrender Value.
- Income Tax Rebate Benefit: The benefit of income tax rebate on premium paid every year at the applicable rate.
- Hospitalization Benefits: Enjoy hospitalization benefits upto 5 Lac for Yourself and every family member (Spouse & Child) individually.
- Discounts on Hospitals: Enjoy attractive discounts at more than 300 partner Hospitals & Clinical Labs with Guardian Life Card.
- Critical Illness Coverage: 18 Critical Illness Coverage for self upto 10 Lac.