Plan 1: Ordinary endowment insurance plan (with profit)


This is the most popular and most widely accepted plan. The policyholder will receive full sum assured together with accrued bonuses on maturity or in case of death. The duration of this plan tends to be 10, 15, 20, 25, 30, 35 years and the maximum age limit is 70 years.


•     The policyholder, receiving the full sum assured together with accrued bonuses on maturity at the end of the term or in case of death, may use the money to live an comfortable retired life, to meet the education expenses of his/her children, and to invest in business to become profitable.

•     The policyholder will attain Surrender Value if the policy is enforced for two years.

•     A policyholder can receive Double Indemnity Accidental Benefit (DIAB) and Permanent Disability Accidental Benefit (PDAB) along with this plan.

•     A policyholder can receive income tax rebate over the premium paid and the money received from the claim of insurance is also income tax free.

Terms and conditions:


•     The term of the maturity has to be minimum 10 years.

•     The minimum age of a policyholder has to be 18/20 years and the maximum age is 55 years.

•     There are no rebates available on the rates listed.

•     There are no premium rebates available for a large sum policy

•     Premiums are taken yearly, but premiums can also be given in a quarterly and half yearly basis.

•     Half yearly premium installments: annual premium x 0.525

•     Quarterly premium installments:  annual premium x 0.275


Video Spotlight

Guardian's Values

Tapan Chowdhury- Square

“The Sponsors of the company, BRAC, Apex and Square are known for good governance and reliable services and we are here to bring a positive change in this industry by sharing our experience”


Syed Manzur Elahi- Apex

“The intellectual skill and the goodwill that the sponsors BRAC, Square and Apex bring is the basis of trust for our valued customers: A promise is a promise and we have always delivered our promise”


Sir Fazle Hasan Abed- BRAC

“BRAC has been successful in taking the service of micro financing to the lower income sector of the country,; we intend to do the same in life insurance through this company in a few years time; life insurance for all would be our motto”