Postal Life Insurance is a government life insurance company managed by the Department of Posts. For details
Postal Life Insurance and Annuity
Postal Life Insurance
(Introduction: 1872 AD)
Postal Life Insurance administered by Govt.
(1) Who can take this insurance: Bangladeshi citizens of all classes and professions aged 19 to 55 years.
(2) Type of Policy: (a) Life Contract Insurance; (b) term insurance; (c) education term insurance; (e) marriage insurance; (e) Endowment Insurance.
(3) Other benefits:
(a) Income tax rebate is available (b) Premium rate is lower than bonus amount is higher (c) 100% risk cover (d) Accidental death and permanent disability benefit agreement (e) Policy without medical examination.
(3) Prevailing Bonus:
Bonus per year per thousand per class of insurance
(a) Ajeen Bima Rs.42.00
(b) Term Insurance Rs.33.00
Planning and Implementation: Cabinet Division, A2I, BCC, DoICT and BASIS