Biennial Payment Endowment Assurance Plan
A participating endowment plan that provides scheduled payments at two-year intervals during the policy term, followed by the remaining benefit and accrued bonus at maturity.
A plan designed around your priorities.
A participating endowment plan that provides scheduled payments at two-year intervals during the policy term, followed by the remaining benefit and accrued bonus at maturity.
Understand your benefits.
Key features translated and organized from the supplied product brochure.
Periodic payments
After the initial qualifying period, portions of the sum assured are paid at two-year intervals according to the selected term.
10-year term
The brochure describes instalments of 20% of the sum assured, up to 60% in total, with the remaining 40% plus accrued bonus payable at maturity.
15-year term
The brochure describes five instalments of 15% each, up to 75% in total, with the remaining 25% plus accrued bonus payable at maturity.
20-year term
The brochure describes eight instalments of 10% each, up to 80% in total, with the remaining 20% plus accrued bonus payable at maturity.
Death benefit
If the life assured dies during the policy term, the full sum assured is payable with accrued bonus, according to the brochure.
Paid-up, surrender and loan
After at least two years of premium payments, the policy may acquire paid-up and surrender values. A loan of up to 90% of surrender value may be available.
Supplementary cover and tax
DIAB/PDAB may be taken subject to approval. The brochure states that premiums may qualify for tax relief and claim proceeds are tax-exempt, subject to applicable tax laws.
Premium rates & payment options.
Annual premium per BDT 1,000 of sum assured, varying by age nearest birthday and selected term.
The brochure states a rebate of BDT 2 per BDT 1,000 of sum assured for annual payment and BDT 1 for half-yearly payment, compared with the tabular rate.
Age-wise annual premium rate table
Premium rate per BDT 1,000, as applicable to this plan.
The source premium schedule is reproduced from the supplied brochure to preserve the original figures. Its printed table headings and labels are in Bengali; the plan information and explanations on this page are in English. Please contact the company for a verified English quotation.
Need help choosing this plan?
Contact Sunflower Life Insurance for eligibility, a current premium quotation and the full policy terms.
The exact timing of each instalment should be confirmed from the policy schedule issued by Sunflower Life Insurance. All benefits, eligibility requirements, premium rates, exclusions and conditions are subject to the approved policy wording and applicable regulations. This page is an English summary of the supplied brochure, not an insurance contract or a premium quotation. In case of any difference, the issued policy document and the company's official confirmation will apply.
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