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Bangladesh's Guardian Life has come up with what it says is a first-of-its-kind child protection plan that pays out more than twice the coverage amount in the event of the parent's death, the Daily Star reports.
According to a press release, Projonmo is a "complete child protection plan" that "ensures future security for the next generation and complete financial independence for parents."
The plan allows parents to nominate one or more of their children as the beneficiary, and the maximum age limit is 25 years.
The company says it will pay more than 1.5 times the guaranteed coverage amount during the policy's maturity, and the nominee will receive more than double the coverage amount in case of sudden death of the policyholder.
The Guardian Projonmo plan is available in three options for customers: Aspire, Start-up, and Lifetime.
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A customized collection of grant news from foundations and the federal government from around the Web.
'Safety, compassion, innovation': Beaufort Memorial honors top staff at Bemmy Awards.The Quality Services department took home the award for Department of the Year at BeaufortMemorial Hospital's...more
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Awarded funding will support a wide range of activities between now and September 30, 2025.The FCCN initiative, supported by $85,000 in grant funding, will help build and sustain a Family Child Care...more
The Delivering Innovative Vocational Education through Virtual Reality Technology new workforce training program aimed at preparing individuals with disabilities for the program.DIVE-VRT delivers...more
Children are growing up surrounded by screens, apps, and smart devices.Being intentional about tech use goes a long way toward deepening interest in tech and creating meaningful experiences.Creating...more
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