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LIC Jeevan Rakshak
by LIC Bangladesh
Policy Details
| Sum Assured (Amount to be realized at maturity or after death of insured) | BDT 200,000 |
| Accidental Death Benefit (Additional coverage for death due to accident) | BDT 200,000 |
Eligibility
- Any Bangladeshi Citizen
- Age 18 to 55 years
Benefits
- Payable on Death: On Death of the Life Assured during the term of the policy, ‘The Sum Assured on Death’ to payable. (The Sum Assured on Death will be the higher of Basic Sum Assured or 10 times of Annualized premium or 105 % of Total Premium paid as on the date of death). If Death occurs after 5th policy year, Loyalty additions, if any, shall also be payable
- Payable on Maturity: Guaranteed basic Sum Assured together with Loyalty Additions, if any will be paable.
- Optional Accident & Disability Benefits are available subject to payment of additional premium of Tk..50 per 1000 Accident benfit Sum assured irrespective of Age.
Plan Available for – 20 Years to 55 Years age
Policy Term – 10 Years to 20 Years
