Prime Islami Life Insurance Ltd.
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Karmajibi Kalyan Bima – (Group term Insurance)


Features of the plan
01 Amount payable on normal Death Basic sum assured
02 Accidental Death Benefit Double of sum assured
03 Age of the assured at commencement of policy Minimum - 18 years and Maximum - 59 years
04 Minimum sum assured Taka 50,000
05 Maximum age at expiry Maximum 60 years
06 No of members of group Minimum 50 Person
Benefit of Plan
01 Amount payable on normal Death Basic sum assured.
02 Accidental Death Benefit Double of sum assured.
03 Basic sum assured payable on total and permanent disablement defined as permanent loss of eye sight of both eyes/loss of both hands / loss of feet /loss of one foot and one eye/loss of one foot and one hand /loss of one hand and one eye.
04 50% of basic sum assured payable as partial disablement benefit payable on permanent loss of either one foot or one hand/ total and permanent loss of hearing in both ears/total and permanent loss of eyesight of either eye/total and permanent loss of thumbs or index fingers.
05 20% of basic sum assured payable for repatriation of dead body of the deceased assured / funeral cost of the deceased assured.
06 Stipend payable to the nominee on normal death of the life assured = 5% of basic sum assured to be divided equally and payable monthly for 12 months.
07 Stipend payable to the life assured on accidental death or on total and permanent disability = 5% basic sum assured to be divided equally and payable monthly for 24 months.
08 No maturity benefit is paid at the completion of policy/group contract.
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