Age Band

• Child: Minimum Day one, at maturity maximum age cannot be more than 25 [Twenty-Five] years; and
• Parent: Minimum 21 [Twenty One] years to maximum 50 [Fifty) years, at maturity age cannot exceed 70 [Seventy] years.

Term/Tenure

• Minimum 10 [Ten] years; and
• Maximum 25 [Twenty-Five] years.

Premium Mode

• Yearly, Half-yearly, Quarterly and Single.

Sum Assured

• Minimum BDT 1,00,000/- [One Lac]

Bonus

• Applicable

Partial Maturity

• Not Applicable

Supplementary Contracts/Riders

• Not Applicable

At Maturity

• The parent shall get the full sum assured along with the earned bonus.

Before Maturity

• In the event of the payer’s death within the term of the policy:
  • a) Instantly his/ her family will received 10% of Sum Assured.
  • b) The assured child will receive a monthly stipend on 1% of Sum Assured until expire of the policy if assured alive.
  • c) All premiums will be waived in future.
  • d) At maturity, paid full Sum Assured with accrued bonus.
• In the event of the assured child’s death within the term of the policy as below:
  • a) Up to 6 [Six] months of the policy term/tenure: 25% of the sum assured;
  • b) More than 6 [Six] months but less than 12 [Twelve] months of the policy term/tenure: 50% of the sum assured;
  • c) More than 12 [Twelve] months but less than 24 [Twenty-Four]of the policy term/tenure: 75% of the sum assured;
  • d) More than 24 [Twenty-Four] months of the policy term/tenure: 100% of the sum assured.

  Upon maturity, the entire sum assured will be paid with the earned bonus