Page 43 - Insurance Times April 2019

the chosen Policy Term if all due premiums are paid. Y Survival Benefit: You get guaranteed Survival Benefit
The accrued Guaranteed Additions will be paid along equal to 125% of the Annualized Premium (excluding
with the Maturity Benefit, or on earlier death of the taxes and any other extra premium) at the end of ev-
Life Insured. ery 5th policy year except at maturity, if all due pre-
miums till the due date of Survival Benefit payments
Policy Term Guaranteed Addition per
have been paid.
annum as % of Annualized
Premium* Y Maturity Benefit: If you pay all due premiums, you get
Policy Term 10 years 7% a guaranteed Maturity Benefit equal to the Sum As-
sured plus accrued Guaranteed Additions till maturity,
Policy Term 15 years 8%
less Survival Benefits already paid.
Policy Term 20 year 9%
Y Tax Benefits: Tax benefits will be applicable as per sec-
* Annualized Premium excludes taxes and any other extra tion 80C and 10(10D) of Insurance Act 1961. Tax laws
premium are subject to change. T

Transmitting Global Knowledge for Promoting Crop Insurance in

Bangladesh
"Transmitting Global Knowledge for Promoting Crop Insurance in Bangladesh" was the theme of the conference held
in Dhaka on 26 - 27 Feb, 2019
in Dhaka. This conference was
organized by Insurance
Foundation of India in
association with Profesional
Advancement Bangladesh
Limited and was inaugurated by
Mr. Shafiqur Rahman Patwari,
Chairman, Insurance
Development & Regulatory
Authority (IDRA). In addition to
Mr. Nasir A. Choudhury,
Chairman, Profesional
Advancement Bangladesh &
Advisor, Green Delta Insurance
Company Limited, Ms. Farzanah
Photograph from left to right: Mr. S.K Sethi, Founder & Vice President Insurance Foundation Chowdhury, MD & CEO Green
of India, Dr. Olena Sosenko, An International Authority on Crop Insurance, Switzerland, Mr.
Shafiqur Rahman Patwari, Chairman, IDRA, Mr. Nasir A. Choudhury, Chairman, PABL & Delta Insurance Company
Limited, Dr. Olena Sosenko, an
Advisor, GDIC, Ms. Farzanah Chowdhury, MD & CEO, GDIC, Mr. Feisal Hussain, Team Leader,
Business Finance for the Poor in Bangladesh (BFP -B) managed by Nathan Associates , Mr. International Authority on Crop
Gokul Chand Das, Member, Insurance Development & Regulatory Autority(IDRA) Insurance, Switzerland, Mr. S.K
Sethi, Founder & Vice President
Insurance Foundation of India, Mr. Feisal Hussain, Team Leader, Business Finance for the Poor in Bangladesh (BFP -B)
managed by Nathan Associates, Mr. Gokul Chand Das, Member, Insurance Development & Regulatory Authority (IDRA)
were present in the inaugural session and gave their perspective on potential and growth they foresee for Crop Insurance.

The conference was supported by Green Delta Insurance Company Limited, Arthgram Agri and Business Services Pvt.
Ltd., Skymet Weather Services Ltd., GDAssist & Business Finance for the Poor in Bangladesh.
This was a very informative /interactive Conference as participants came from the Regulator (Insurance Development
& Regulatory Authority, Bangladesh Government), Banks, Developmental Agencies, Not for Profit Organizations, Micro
Finance Institutions, organizations engaged in development & growth of Agriculture, Livestock and Fisheries in the
country.

The Insurance Times, April 2019 43