Postal Life Insurance

Postal life insurance operated by the government, introduced in 1872. The National Savings Directorate page says Bangladeshi citizens aged 19 to 55, of any class or occupation, may take a policy. The named types are a life contract, term insurance, education term insurance, marriage insurance, and endowment insurance. The page states a bonus of Tk 42.00 per thousand of cover a year for one class, and Tk 33.00 per thousand a year for term insurance. It also says a tax rebate is available, the premium rate is low and the bonus amount is high, there is 100% risk cover, a policy can be issued without a medical examination, and there is a contract for accidental death and permanent disability. The bonus table on that page stops at those two classes. The page does not state a premium amount, and it does not state an interest rate.