A reliable plan designed for the protection of you and your family's future.
Term of Policy
You must be looking for the best avenues to grow your hard earning money!
Yes! An ideal financial plan for you may be the one that accumulates your money with reasonable returns as well as provides protection to you and your family against uncertainties. If you are looking for such a plan, Sonali Life’s Monthly Savings Plan can fulfill your expectation.
Just as Sonali Life's Monthly Savings Plan gives you the opportunity to save, it also protects you and your family.
Product Features:
It is a participating savings insurance product with following features-
• Policy holder will get profit on deposited premium at the rate of 6-10% depending on the term subject to
the applied conditions.
• Policy term will be minimum 5 years and Maximum 10 years.
• Entry age will be 18 to 55 years.
• Maturity age will be 65 years.
• Premium payment mode is Monthly.
• Minimum Sum Assured is Tk. 60,000 and maximum is Tk. 100,00,000
• Sum Assured = Annual premium X Policy Term
• Rider plans ADB, PDAB, WP, EPA or CIC can be in added to basic policy as a package
with additional premium to be paid.
• Income tax waiver will be applicable as per domestic tax law.
• All illustrations are applicable for standard lives only. Sub-standard life depends on underwriting rules of the company.
On Maturity Benefit
Maturity Benefit:
1. Policy holder will receive full sum assured with accrued bonuses at the date of maturity subject to being policy in force.
2. After the premium deposit has been paid for a minimum period of 2 (two) years or more, even if the premium deposit is stopped, the paid up value will be paid on maturity.
Death Benefit
Death Benefit:
1. On death of insured, the nominee will receive full sum assured with accrued bonuses at the date of death of insured subject to being policy in force.
2. After the premium deposit has been paid for a minimum period of 2 (two) years or more, even if the premium deposit is stopped, the paid up value will be paid to the nominee on death of the insured.
Special Benefit
Not applicable.
Supplementary Cover
Rider plans ADB, PDAB, WP, EPA or CIC can be added to basic policy as a package with additional premium to be paid.
