Education Protection Insurance – With Profit
For making the future life of your dearest child bright and successful. “Child Protection Plan” is an attractive plan. A proper financial plan can secure your child’s bright and successful future. If you think of such a plan then “Child Protection Plan” of Alpha Islami Life Insurance Limited would be a good choice for you.
By this plan both child and parents are covered. Mostly child’s father is considered as payor. Sometimes, if the mother is the main earner of the family in that case she also can be the main applicant (payor), but she has to be educated (at lest S.S.C passed). Except parents no one can be payor under this plan. For this plan child’s age would be maximum 15 years and minimum 06th months and at the time of maturity of the plan child’s age will not exceed 30 years & minimum age will be 18 years. Minimum sum assured for this plan is BDT. 30,000/- (Taka thirty thousand) only.
- Benefits under this plan shall be as follows :
In case of death of the child, the payor will get following benefits under the plan:
- Till maturity no premium has to be paid by the child.
- In case of death of the payor the child shall be given BDT 10 (Tk. ten) only for every BDT. 1,000 (one thousand) sum assured as allowance.
- And after completion of the whole term full sum assured with profit shall be paid out to the child.
In case of death of the child, the payor will get following benefits
|
Sl |
Under the plan |
Benefit Payable |
|
1 |
Not more than 6 (six) months |
25% of Sum Assured |
|
2 |
More than 6 (six) months, but not more that 12 (twelve) months |
50% of Sum Assured |
|
3 |
More than 12 (twelve) months, but not more than 24 (Twenty four) months |
75% of Sum Assured |
|
4 |
More than 24 (Twenty four) months |
100% of Sum Assured |
- In case of unfortunate death of both payor and child, then whole sum assured with profit shall be paid out to the nominee.
- If both payor and child survive till the maturity then full sum assured with profit shell be paid out to the policyholder/payor.
Rebate : For Premium payable yearly Tk. 2/-, half yearly Tk.1/-, Quarterly Tk.0.50/- and monthly Tk.0.166/- rebate on the premium rate.
- You shall get income tax rebate on the deposited premium under this scheme and insurance claim amount is also tax free.
- The premium rate Half Yearly, Quarterly and Monthly premium rate may be obtained by dividing the Annual premium rate by 2, 4 and 12 respectively.
This plan allows you to add on one or more of the following supplementary insurance facilities :
1 Critical Care (CC)
1 Income Benefit Rider (IBR)
Rate Chart
Premium Rate Per 1,000/- Sum Assured
|
Age |
Term |
||||||||||
|
10 |
11 |
12 |
13 |
14 |
15 |
16 |
17 |
18 |
19 |
20 |
|
|
20 |
116.40 |
106.10 |
97.60 |
90.40 |
84.30 |
79.00 |
74.40 |
70.40 |
66.80 |
63.70 |
60.80 |
|
21 |
116.40 |
106.10 |
97.60 |
90.40 |
84.30 |
79.00 |
74.40 |
70.40 |
66.80 |
63.70 |
60.90 |
|
22 |
116.40 |
106.10 |
97.60 |
90.40 |
84.30 |
79.00 |
74.40 |
70.40 |
66.90 |
63.70 |
60.90 |
|
23 |
116.50 |
106.20 |
97.60 |
90.40 |
84.30 |
79.00 |
74.50 |
70.40 |
66.90 |
63.80 |
61.00 |
|
24 |
116.50 |
106.20 |
97.60 |
90.50 |
84.30 |
79.10 |
74.50 |
70.50 |
66.90 |
63.80 |
61.00 |
|
25 |
116.50 |
106.20 |
97.70 |
90.50 |
84.40 |
79.10 |
74.50 |
70.50 |
67.00 |
63.90 |
61.10 |
|
26 |
116.50 |
106.20 |
97.70 |
90.50 |
84.40 |
79.10 |
74.60 |
70.60 |
67.10 |
64.00 |
61.20 |
|
27 |
116.50 |
106.20 |
97.70 |
90.60 |
84.50 |
79.20 |
74.70 |
70.70 |
67.20 |
64.10 |
61.40 |
|
28 |
116.60 |
106.30 |
97.80 |
90.60 |
84.50 |
79.30 |
74.70 |
70.80 |
67.30 |
64.20 |
61.50 |
|
29 |
116.60 |
106.30 |
97.80 |
90.70 |
84.60 |
79.40 |
74.90 |
70.90 |
67.50 |
64.40 |
61.70 |
|
30 |
116.70 |
106.40 |
97.90 |
90.80 |
84.70 |
79.50 |
75.00 |
71.00 |
67.70 |
64.60 |
62.00 |
|
31 |
116.70 |
106.50 |
98.00 |
90.90 |
84.90 |
79.70 |
75.20 |
71.30 |
67.90 |
64.90 |
62.30 |
|
32 |
116.80 |
106.60 |
98.10 |
91.00 |
85.00 |
79.90 |
75.40 |
71.50 |
68.20 |
65.20 |
62.60 |
|
33 |
116.90 |
106.70 |
98.30 |
91.20 |
85.20 |
80.10 |
75.70 |
71.90 |
68.50 |
65.60 |
63.00 |
|
34 |
117.10 |
106.90 |
98.50 |
91.50 |
85.50 |
80.40 |
76.00 |
72.20 |
68.90 |
66.00 |
63.60 |
|
35 |
117.30 |
107.10 |
98.70 |
91.70 |
85.80 |
80.80 |
76.40 |
72.70 |
69.40 |
66.60 |
64.20 |
|
36 |
117.50 |
107.40 |
99.00 |
92.00 |
86.20 |
81.20 |
76.90 |
73.20 |
70.00 |
67.20 |
64.80 |
|
37 |
117.80 |
107.70 |
99.40 |
92.50 |
86.60 |
81.70 |
77.40 |
73.80 |
70.70 |
68.00 |
65.60 |
|
38 |
118.10 |
108.10 |
99.80 |
93.00 |
87.20 |
82.30 |
78.00 |
74.50 |
71.40 |
68.80 |
66.50 |
|
39 |
118.50 |
108.50 |
100.40 |
93.50 |
87.80 |
82.90 |
78.80 |
75.30 |
72.30 |
69.70 |
67.50 |
|
40 |
119.00 |
109.10 |
100.90 |
94.20 |
88.50 |
83.70 |
79.70 |
76.20 |
73.30 |
70.80 |
68.70 |
|
41 |
119.60 |
109.70 |
101.60 |
94.90 |
89.30 |
84.60 |
80.60 |
77.20 |
74.40 |
72.00 |
70.00 |
|
42 |
120.20 |
110.40 |
102.40 |
95.70 |
90.20 |
85.60 |
81.70 |
78.40 |
75.70 |
73.40 |
71.40 |
|
43 |
120.90 |
111.20 |
103.20 |
96.70 |
91.30 |
86.70 |
82.90 |
79.70 |
77.00 |
74.90 |
73.00 |
|
44 |
121.80 |
112.10 |
104.20 |
97.80 |
92.40 |
88.00 |
84.30 |
81.20 |
78.60 |
76.60 |
74.90 |
|
45 |
122.70 |
113.10 |
105.30 |
99.00 |
93.70 |
89.40 |
85.80 |
82.80 |
80.40 |
78.40 |
76.90 |
|
46 |
123.70 |
114.20 |
106.60 |
100.30 |
95.20 |
90.90 |
87.40 |
84.60 |
82.30 |
80.50 |
79.00 |
|
47 |
124.80 |
115.50 |
107.90 |
101.80 |
96.70 |
92.60 |
89.30 |
86.60 |
84.40 |
82.80 |
81.50 |
|
48 |
126.10 |
116.80 |
109.40 |
103.40 |
98.50 |
94.50 |
91.30 |
88.70 |
86.80 |
85.30 |
84.20 |
|
49 |
127.50 |
118.30 |
111.00 |
105.10 |
100.40 |
96.60 |
93.50 |
91.10 |
89.30 |
88.00 |
87.20 |
|
50 |
129.00 |
120.00 |
112.80 |
107.10 |
102.50 |
98.90 |
96.00 |
93.80 |
92.20 |
91.00 |
90.40 |
|
51 |
130.70 |
121.80 |
114.80 |
109.20 |
104.80 |
101.30 |
98.70 |
96.70 |
95.30 |
94.40 |
|
|
52 |
132.50 |
123.80 |
117.00 |
111.60 |
107.40 |
104.10 |
101.60 |
99.90 |
98.70 |
||
|
53 |
134.50 |
126.00 |
119.40 |
114.20 |
110.20 |
107.10 |
104.90 |
103.40 |
|||
|
54 |
136.70 |
128.40 |
122.00 |
117.00 |
113.30 |
110.50 |
108.50 |
||||
|
55 |
139.10 |
131.00 |
124.90 |
120.20 |
116.70 |
114.10 |
|||||