Family Security Plan

A reliable plan designed for the protection of you and your family's future.

Term of Policy

Life is uncertain! there are always circumstances beyond our control. While we cannot control how the world operates and affects us, we can make provisions for the uncertainties and the hurdles they might bring for us. Securing a life insurance plan is one of the foremost things we do to ensure we are protected in the wake of an emergency. Besides, it is also useful to secure yourself to meet various financial needs such as funding for children's education/marriage/ buying a house. We at Sonali Life understanding the importance of having adequate financial protection to be prepared for such exigencies presents an Individual Family Security Plan, first of its kind to protect up to 3 or 4 insured members under single person’s premium. KEY FEATURES: 1) Life cover for up to 3 or 4 insured members (policyholder, spouse & dependent children) under one policy. 2) Proportionate sum assured payable on death of any of the insured person. 3) All future premium will be waived on death of the policy owner and policy will continue with all the benefits. 4) On maturity, sum assured less all death benefit paid during the policy term plus accrued bonus will be payable. 5) Policy term starts from 10 or 15 years. You can choose riders to enhance the coverage benefits. PLAN ELIGIBILITY: Particulars Minimum Maximum Entry Age (in years) policyholder & spouse 20 55 Dependent Children 6 months 24 months Maturity Age (in years) 30 70 Sum Assured (BDT) 90,000 1,00,00,000 Policy Term (In Years) 10 15 Premium Pay Mode Yearly/Half Yearly /Quarterly/Monthly Minimum premium: Monthly Tk. 1,000, Quarterly Tk. 2,550, Half- Yearly Tk.4,800, yearly Tk. 9,000

On Maturity Benefit

Maturity Benefit: Sum Assured less all death benefits paid during the policy term plus accrued bonus will be payable provided all due premiums are paid. If all insured persons die before the maturity, no maturity benefit would be paid. The policy terminates on payment of maturity benefit.

Death Benefit

Death Benefit: On death of the insured persons during the policy term provided the policy is in force and all due premiums have been paid, following benefits will be considered: Covered person Death Benefit (Self + Spouse + 2 Kids) Death Benefit (Self + Spouse + 1 Kid) Policy Owner Sum Assured/4+ All future premiums due Sum Assured/3 + All future premiums under the policy will be waived. due under the policy will be waived. Spouse Sum Assured/4 Sum Assured/3 Kid-1 Sum Assured/4 Sum Assured/3 Kid - 2 Sum Assured/4 N/A

Special Benefit

Not applicable

Supplementary Cover

Rider Benefits: You can opt for optional rider benefit at inception of the policy. The following rider benefits are available with the product: 1. Accidental Death Benefit (ADB). 2. Permanent Disability & Accidental Benefit Policy (PDAB). 3. Critical Illness Care (CIC) 4. Embedded Personal Accident Coverage (EPA).

Premium Rate Chart

Download the official rate chart PDF document.