Guardian Life Insurance has introduced a new product- ‘Ajibon Pension Plan’ which is a first of its kind in Bangladesh.
Ajibon Pension Plan is a “complete retirement solution” which will protect not only the policy holders but also their loved ones, for the rest of their lives, said a media statement.
Under this pension plan, customers will receive a lifetime pension upon maturity. In the event of the policyholder’s death, the nominee will be entitled to a lifetime pension facility. Upon maturity, there is also the option to retrieve the maturity value (Sum Assured + Bonus) which can be either be invested as per policy holder’s discretion or into Guardian's Ajibon Pension fund.
Starting from a minimum coverage of Tk 1 lakh, this plan will be offering all the major rider benefits which are Health Insurance, Critical Illness, PDAB (Permanent Disability Accidental Benefit) and DIAB (Double Indemnity Accidental Benefit).
The launching ceremony was held at Guardian Life head office with a press conference where Guardian Life CEO Sheikh Rakibul Karim presided over.
Believing in ‘Insurance for All’, Guardian Life has been at the forefront of innovation in terms of products, services and business models to minimise financial risks of customers, added the statement.
