Description

Protective Islami Life Insurance Ltd. has emerged as one of the leading full-fledged Islami Life Insurance Companies in the country commenced in 13th July ‘2013 and have, by the grace of Almighty Allah, been able to bring confidence among the common people of the country. We are aiming to be the premier Islami Life Insurance Company in Bangladesh within the next few years. We will serve the policy holders with utmost care and provide the best solution for their needs. We will be a company with due solemnity and corporate social responsibility to the society upheld by taking financial risks. Our mission is to Islamization of the economic activities in the country for the solidarity of the Muslim Ummah and to provide financial security to our valued participants Life Takaful policies that are most beneficial for their needs.

Nirapodbima Online Ltd. is an insurance selling marketplace. Where it provide digitalize automation for buying and selling insurance in Bangladesh. Any customer can purchase various kinds of insurance policy through web and app.

Nirapodbima.com is providing Protective Islami Life Insurance Which is an effective insurance provider for life and Term life with utmost care and provide the best solution for their needs.

Anticipated Endowment (5 Stage Payment) Insurance Plan With Profits

It is an excellent Savings Insurance Scheme. In this scheme. The insurance plan allows the insurance customer to meet the financial need multiple times, with the scheme being paid in five installments.Income tax concession is available on the premium paid.Insurance money is also income tax free.

Expected Benefits During Insurance Term:
• 10% of the sum insured after the expiry of one-fifth of the term.
• 15% of the sum insured after the expiry of one-fifth of the term.
• 20% of the sum insured after the expiry of three-fifths of the term.
• 25% of the sum insured after the expiry of four-fifths of the term.
• The remaining 30% of the sum insured along with the bonus earned at the end of the term is paid.
In addition, in the event of death of the customer during the term, the entire insurance score is paid along with the accrued profit.The special benefit of this scheme is that the expected benefit paid during the term is not deducted when paying the death penalty.

Affiliate Insurance: This scheme allows for accidental death insurance (DIAB) disability and accidental death insurance (PDAB) benefit as an associate insurance with nominal premium.

Insurance Term:10,15,20,25 and 30 years.

Termination and Paid Up: At least two years of premium payment and after expiry of the policy, the policy can be terminated and paid up.

Age: The minimum age of entry of the insurance customer in this scheme will be 20 years and maximum is 55 years. Maximum 65 years on maturity.

Minimum Insurance Points: 30,000/-

Premium Payment Methods: Annual, Seasonal and Quarterly.

Premium Assessment Method: The rate applicable to the annual premium will be applicable.

Seasonal premium:: Annual Premium X 0.525

Quarterly Premium: Annual Premium X 0.275

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