Insurance Policy For DIU Students

 

Insurance is an arrangement by which a company provides a guarantee of compensation for death, specified loss, damage or illness in return for payment of a specified premium. Man is mortal as such one day he / she will have to take the taste of death. Nobody can pretext about death. The loss of death is never recoverable but against this loss financial protection can be taken from life insurance policy.

Students are our assets. Our activities revolve around our beloved students. Students come to a University to gather higher education but during this study time an unexpected death or accident can occur in his/her life. In this situation life insurance policy for the students is very significant as such Daffodil International University has been introduced life insurance policy for the students from Fall-2016. Every student (Local & International) will remain under this insurance coverage during his/her study period at DIU.

Advantage of Insurance policy

  •  The major advantages of group life insurance policy are the price. Each Students usually pay a nominal portion of the premium.
  • There are usually no physical examinations required for a group policy. Everyone will get the chance to be included in this coverage.
  •  Generally premiums cannot be increased during the covered period.
  • Claim is settled within a short span of time.


MoU signing between Daffodil International University and Prime Islami Life Insurance Limited.


Premium & Benefit

Particulars

Premium

Benefit

Students group life insurance policy with Prime Islami Life Insurance Limited has started from Fall 2016.

 

BDT. 300/- per student as yearly premium which will be deposited during admission.

 

BDT. 250,000/- for Normal Death

BDT. 500,000/- for Accidental death

BDT. 250,000/- for Permanent Total disability

Note: Both eyes, Both Hand above the wrist, Both feet above the ankle, One hand above the wrist & One foot above the ankle will be under the coverage of Permanent Total disability.

 Settlement of Insurance Claim:


Cheque handover ceremony of student’s Insurance claim to Khandakar Abu Talha’s Family
Note: Terms & Conditions are applicable as per agreement with Insurance Company.

 

For further queries, please contact to the following person:

Mr. Md. Shahadat Hossain
Administrative Officer (Office of the Treasurer)
Email: shahadathossain@daffodilvarsity.edu.bd
Cell No: 01847-140144