Email: info@alphalife.com.bd Hot line: 01787683517 (Policy Service Department), 01325436075 (Group Insurance) IP Phone : 09612 400 200

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:

  1. Till maturity no premium has to be paid by the child.
  2. 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.
  3. 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