Bangladesh Insurance Bangladesh Insurance law being amended in the interest of customers and companies. The draft of the newly revised Bangladesh Insurance Act states that an insurer cannot help its directors or shareholders or their families or persons related to them get a loan from any bank or financial institution or anyone else by keeping … Read more
Scheme Pramila DPS Scheme: Half of the total population of Bangladesh is women. Most of the women live in villages. Most of them are poorly educated and do not have independent income. Again, there are some who are highly educated and wealthy. All women, including poorly educated and highly educated, need economic, political, social and … Read more
Multi-Instalment Multi-instalment life insurance is capable of meeting the financial needs of the insured multiple times before the insurance term is completed. Moreover, by purchasing multi-instalment insurance, the insured can also provide financial security to his/her pets. By purchasing insurance included in the multi-instalment term insurance plan payable in installments every two years, the insured … Read more
Insurances: From the data available on the population of Bangladesh, it can be seen that the number of elderly people is increasing rapidly in Bangladesh. To make the retirement life of these elderly people relaxed, prosperous and peaceful, the Life Insurances Corporation has launched this new scheme “Term Benefit Pension Insurances”. Suitable for: Individuals working … Read more
Life Insurance After the independence of Bangladesh, the Life Insurance industry of Bangladesh was brought under nationalization by the President’s Order No. Act No. 95 of 1972 to bring the benefits of life insurance in Bangladesh to the common people of the country. After the nationalization of the insurance industry, the assets and liabilities of … Read more
10 insurance companies in Bangladesh discussed How insurance works: Premium: The insured pays a certain amount of money (premium) to the insurance companies. Insurance policy: The insurance companies issues a contract (policy), which clarifies the terms of protection and compensation. Accident or loss: If the insured suffers any loss or accident, the insurance companies pays … Read more