This plan is easily affordable by people of different levels of financial ability. It offers the full Sum Assured at the maturity along with profit. This is a popular plan for it’s monthly payment mode.
Akij Takaful DPS Insurance (with profit)
Minimum BDT 1000
from 10 to 15years
Monthly
From 20 years till 55 years.
Maximum 70 years
Benefits
Maturity Benefit: If policy holder survives till the end of policy tenure he/ she will get full Sum Assured with accrued bonus.
Death Benefit: Sum Assured with Accrued bonuses will be paid to nominee/ nominees.
Supplementary Insurance Facility: Permanent Disability Accidental Benefit, Double Indemnity Accidental Benefit.
Investment: The premium collected from the clients will be invested in profitable sectors by obeying Shariah.
Surrender and investment Facility: Upon payment of at least 2 (two) years of premiums, a policy achieves Surrender Value. The insured can avail the investment facility (maximum 90% of Surrender value) after completion of 2(two) years.
Paid up Value: After continuing the policy at least for two years the policy acquires Paid up value. Paid up value is payable with accrued bonus at the end of policy term.
Income Tax Rebate facility: The policy holder gets the benefit of income tax rebate on premium/premiums paid every year at applicable rate.