insurance industry in bangladesh

26 lakh insurance policies discontinued in 14 years

More than 26 lakh insurance policies have lapsed in Bangladesh in the last 14 years owing to a raft of factors including the worsening of financial health of clients, a lack of awareness among them, and agents’ tendency not to explain product features properly while selling them.

Banks to sell insurance in boost for the fledgling sector

Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network

March 10, 2024
March 10, 2024

26 lakh insurance policies discontinued in 14 years

More than 26 lakh insurance policies have lapsed in Bangladesh in the last 14 years owing to a raft of factors including the worsening of financial health of clients, a lack of awareness among them, and agents’ tendency not to explain product features properly while selling them.

December 12, 2023
December 12, 2023

Banks to sell insurance in boost for the fledgling sector

Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network

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