Three Installment Savings Insurance Plan

Features: Under this plan the policy term is 12 years. Premiums have to be paid every month. This plan offers the facility of receiving part of the sum assured before maturity, as follows:
(a) After regular payment of premiums for the first four years, 20% of the sum assured will be paid.
(b) After regular payment of premiums for the next four years, 20% of the sum assured will be paid.
(c) If the policyholder survives up to maturity and has paid the premiums regularly, the remaining sum assured will be paid along with the accrued profit.
(d) Even after the first and second installments have been paid, if the policyholder dies within the term while the policy is in force, the full sum assured will be paid along with the accrued bonus.
A special advantage of this plan is that the premium is not dependent on age. At the commencement of the insurance, the maximum entry age is 48 years for men and 45 years for women respectively. Under this plan the minimum annual installment is Tk. 100 and the maximum is limited to Tk. 10,000.