Prime Islami Life Insurance Limited

Premium Back Group assurance Plan

Features of the plan
01	Type of Plan	It is group assurance plan where premium is refunded at maturity.
02	Term of the plan	10 years.
03	Age of the assured at commencement of policy	Minimum - 18 years and Maximum - 50 years
04	Amount of group premium	Minimum Taka 5000(five thousand)
05	Mode of payment	Yearly
06	No of members of group	Minimum 10
07	Age at maturity	Maximum 60 years.
08	Target group	Employee, executive, worker of various factory, officer, and teachers and staff of educational institutions, member of co-operative, club, professional group.

Benefit of Plan
01	At maturity	The assured will get the amount deposited in mudaraba fund and maximum 90% of surplus of tabarru fund (If any).
02	In case of assured’s death within policy period:
a) In case of normal death		Nominee(s) will get 30(thirty) times of individual yearly contribution (premium). As per example if assureds individual contribution (Premium) is 3000(three thousand) the claim amount would be 90,000/-(Ninety thousand).
b) At accidental death		Nominee(s) will get 60(sixty) times of assured’s individual yearly contribution. As per example contribution is 3000(three thousand) , claim amount would be 180000/-(One hundred eighty thousand).
c) In case of Permanent and total disability		Loss of 2 limbs (hand/foot) or 2 eyes or 1 limb and 1 eye due to accident. Assured will get 30(times) of assured’s individual yearly contribution. As per example, if assureds individual contribution is 3000(Three thousand) claim amount would be 90000(Ninety thousand).