• Minimum Basic Sum Assured: Tk. 1,00,000/=
• Maximum Basic Sum Assured: No Limit
• Minimum entry age: 18 years (completed)
• Maximum entry age: 60 years (completed)
• Minimum policy term:
  • 5 Years (for Regular Premium)
  • 3 Years (for Single Premium)
• Maximum Policy Term: 20 Years
• Maximum Maturity age: 75 Years
• Available Riders: Any rider offered by the company
• Mode of Payment: Single premium / Yearly / Half Yearly / Quarterly / Monthly
• Paid up/ Surrender/ Policy Loan: These facilities will be available under the plan after payment of premiums for at least 2 years
• Revival: Within 2 years from the date of First Unpaid premium
• Rebate: Higher Basic SA Rebate
  • 1 Lac – 1.95 Lac – Nil
  • 2 Lac – 4.95 Lac – Tk. 1.5 per 1000 BSA
  • 5 Lac – 9.95 Lac – Tk. 2.5 per 1000 BSA
  • 10 Lac & Above – Tk. 3 per 1000 BSA
• Mode Rebate:
  • Yearly – 2%
  • Half-Yearly – 1%

• Maturity Benefit:

  If policy is inforce on maturity date, Basic Sum Assured + Accrued Bonus (As Declared by Company) shall be payable. Otherwise maturity amount can be taken in installment spread over a period of policy term.

• Death Benefit:

  On the death of the Life Assured during the term of the policy, Basic Sum Assured + Accrued Bonus (As declared by Company) shall be payable.

• LIC’s Critical Illness Rider Benefit:

  LIC’s Critical Illness Rider Benefit will provide financial assistance to policyholder against specified 15 major diseases. On first time diagnosis of any one of the 15 Critical Illnesses mentioned below, a lump sum amount (Sum Assured) is payable:

  • Cancer
  • Myocardial Infarction
  • Stroke
  • Coronary Artery Surgery
  • Kidney Failure (End Stage Renal Disease)
  • Major Organ Transplant
  • Paralysis
  • Multiple Sclerosis
  • Blindness
  • Heart Valve Replacement
  • Surgery of the Aorta
  • Benign Brain Tumor
  • Pulmonary Hypertension
  • Alzheimer's Disease / Dementia
  • Third Degree Burns
• Hospital Cash Benefit Rider:

  LICBD's Hospital Cash Benefit Rider is an additional coverage that can be taken along with a base plan by paying an additional premium. It provides financial assistance for a portion of medical expenses incurred during hospitalization during the policy term, subject to conditions as per the following sectors:

  • Daily Hospital Cash Benefit (DHCB)
  • Surgical Cash Benefit (SCB)

• Age: 36 Years | Sum Assured: 2 Lac | Policy Term: 5 Years
• Base Premium: BDT 216.85 | Annual Premium: BDT 42,203

Bonus shown above is indicative and for illustration purpose only.

• Age: 32 Years | Sum Assured: 2 Lac | Policy Term: 3 Years
• Base Premium: BDT 948.65 | Single Premium: BDT 1,89,430

Bonus shown above is indicative and for illustration purposes only.

• Copy of NID of the applicant
• 1 color passport-size photo of the applicant
• Copy of NID of the proposed nominee
• 1 color passport-size photo of the proposed nominee
• Proof of income of the applicant, depending on the sum assured (will be required if sum assured crosses 10 Lacs)
• Copy of the NID of the legal guardian where the proposed nominee is minor
• 1 color passport-size photo of the legal guardian where the proposed nominee is minor
• Medical Reports incase depending on underwriting requirements

• Plan Available from age: 18 Years (Completed) to 50 Years (Nearest Birthday)
• Max age at Maturity: 75 Years
• Min Policy Term: 15 Years (Fixed)
• Max Policy Term: 35 Years
• Min SA: 1 Lac (in multiples of 5000)
• Max SA: No Limit
• Mode Rebate: Yearly 2%, Half Yearly – 1%
• Mode allowed: Yearly/Half Yearly/Quarterly/Monthly
• Benefit for High Sum Assured:
  • 2 Lac – 4.95 Lac Discount of 1.50 per 1000 Basic Sum Assured
  • 5 Lac – 9.95 Lac Discount of 2.50 per 1000 Basic Sum Assured
  • 10 Lac & Above Discount of 3.00 per 1000 Basic Sum Assured
• Surrender: Guaranteed Surrender Value shall be available after three full years’ premium have been paid
• Loan: Loan facility is available after 3 years premium have been paid
• Revival: Lapsed policy can be revived within 2 years from the date of first unpaid premium

• Death Benefit:

  If Death occurs within premium paying term, 125% of SA plus Accumulated bonus is payable (As declared by company). If death occurs after premium paying term, an amount equal to the basic sum assured is payable.

• Maturity Benefits:

  Sum Assured + Reversionary Bonus + Final Additional Bonus (As declared by company) at the end of the premium paying term.

  Eg: If a customer purchases this Policy with 2 Lac Sum Assured on Maturity 2 Lacs + Accrued Bonus (If any) will be paid on maturity date. After maturity on Death 2 Lacs will be paid to nominee.

Age = 35 Years | Sum Assured = Tk 5 Lac | Policy Term = 15 years | Yearly Premium = Tk 40,400

• LIC’s Critical Illness Rider Benefit:

  LIC’s Critical Illness Rider Benefit will provide financial assistance to the policyholder against specified 15 major diseases. On first time diagnosis of any one of the 15 Critical Illnesses mentioned below, a lump sum amount (Sum Assured) is payable:

  • Cancer
  • Myocardial Infarction
  • Stroke
  • Coronary Artery Surgery
  • Kidney Failure (End Stage Renal Disease)
  • Major Organ Transplant
  • Paralysis
  • Multiple Sclerosis
  • Blindness
  • Heart Valve Replacement
  • Surgery of the Aorta
  • Benign Brain Tumor
  • Pulmonary Hypertension
  • Alzheimer's Disease/Dementia
  • Third Degree Burns
• Hospital Cash Benefit Rider:

  LICBD's Hospital Cash Benefit Rider is an additional coverage that can be taken along with a base plan by paying an additional premium. It provides financial assistance for a portion of medical expenses incurred during hospitalization during the policy term, subject to conditions as per the following sectors:

  • Daily Hospital Cash Benefit (DHCB)
  • Surgical Cash Benefit (SCB)

• Copy of the NID of the applicant
• 1 color passport-size photo of the applicant
• Copy NID of the proposed nominee
• 1 color passport-size photo of the proposed nominee
• Proof of income of the applicant, depending on the sum assured (will be required if sum assured crosses 10 Lacs)
• Copy of the NID of the legal guardian where the proposed nominee is minor
• 1 color passport-size photo of the legal guardian where the proposed nominee is minor
• Medical Reports in case depending on underwriting requirements

If any opt this rider along with above plans with equal sum assured of base plans, then in case of death by accidental case, double sum assured will be paid to the nominee.