Khabor Wala Desk
Published: 9th December 2025, 11:16 AM
Postal Life Insurance is a long-term insurance scheme designed to ensure financial security for individuals and families. It offers various plans, including Whole Life Assurance, Endowment Assurance, Education Endowment Assurance, and Marriage Endowment Assurance, all tailored to meet the lifestyle and future needs of the policyholder.
Whole Life Assurance covers the insured for life and is available for individuals aged 19 to 55. Premiums increase with age. For example, a 19-year-old might pay 2.10 Taka per 1000 Taka for a 50-year policy and 1.80 Taka for a 70-year policy.
Endowment Assurance provides coverage for a specified term, offering death benefit and maturity payment. For instance, a 25-year-old might pay 8.55 Taka for a 10-year policy and 2.25 Taka for a 40-year policy.
Education Endowment and Marriage Endowment plans provide financial support for education or marriage-related expenses. Premiums are calculated according to age and term. For example, a 20-year-old may pay 5.60 Taka for a 5-year policy and 2.75 Taka for a 20-year policy.
Term insurance is available for citizens aged 19–55, covering premature death and offering benefits at the end of the policy term. A 35-year-old teacher, for example, may pay 5.60 Taka for a 10-year term and 2.75 Taka for a 20-year term.
Postal Life Insurance plans ensure financial security at various stages of life, with premiums determined by the policyholder’s age and term.
KhaborwalaAJ
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