Islami Money Back Plan

(Without Profits)

Introduction:

The policyholder can take risk for 10(ten) years by paying only 5(five) years’ premium.

Sum Assured

Tk. 1,00,000 – Tk. 5,00,000

Premium payment period

5 years

Policy Term

10 years

Age at commencement

50 years (Max)

Age at maturity

60 years (Max)

Mode of payment

Yearly

Premium per 1,000 taka

Yearly premium Tk. 54

TPD Premium per 1,000 taka

Yearly premium for Total and Permanent Disability Tk. 16

Benefits:

Maturity benefit

The insured will get refund all of deposited premium.

Death benefit

On death of the insured during the term of the inforce policy Sum Assured will be paid to the nominee(s).

In case of permanent disability

During the term of in force policy on the event of permanent disability the insured will be paid double of Sum Assured.

Income Tax

  • The Policyholder can avail tax rebate facility against the policy.
  • Death claim is tax free.