Thursday, March 19, 2015

Life Insurers in Bangladesh

Life insurance companies of Bangladesh with the address

Courtesy: www. Bangladesh Trades .com

 

 

Life Insurance CompanyAddress


Jiban Bima Corporation
The Jiban Bima Corporation (JBC) is only state-owned life Insurance company in Bangladesh.


Head Office :
24, Motijheel,Commercial Area
Dhaka, Bangladesh
Phone:-(88)-(02)-9551414, 9559041-2

Regional Office (Dhaka):
JIBAN BIMA CORPORATION
Dhaka Regional office
7, Bangabandhu Avenue
Dhaka, Bangladesh
Phone :-(88)-(02)-9564458, 9555735
Schemes & Services
Regional Offices Outside Dhaka
Website :
Jiban Bima Corporation

Life Insurance CompanyAddressSchemes & Services


NATIONAL LIFE INSURANCE CO. LTD.

HEAD OFFICE
N.L.I. Tower, 54, Kazi Nazrul Islam Avenue,
Karwan Bazar, Dhaka-1215, Bangladesh
Phone : PABX-8158171, 8158189, 8158190.
Mobile:
Fax: 88-02-8144237.
email:
Branch working hours :(09:00 am To 05:00 pm)

MOTIJHEEL BRANCH
79, Motijheel Commercial area,
Dhaka-1000, Bangladesh
Phone : PABX-9560241.
Mobile:
Fax: 88-02-9560244.
email:
Branch working hours :(09:00 am To 05:00 pm)

Website :
National Life Insurance Co. Ltd
www.nlibd.com

  • INDIVIDUAL BIMA (EKOK BIMA)
  • Group Insurance
  • ISLAMI TAKAFUL BIMA
  • JANA BIMA
  • National DPS


Life Insurance CompanyAddressSchemes & Services

American Life Insurance Co.

Alico Building 18-20, Motijheel C/A, Dhaka-1000,
Tel: 9561757, +88-02-9561791, +88-02-7160025 (Ext: 777 for Customer Service)
Website :
American Life Insurance Co.
alicobd.com

  • Life Insurance
  • Savings & Retirement Plans
  • Accident & Health Insurance


Life Insurance CompanyAddressSchemes & Services


Delta Life Insurance Co. Ltd.


90-91, Motijheel C/A. Uttara Bank Bhaban (10th Floor)
Dhaka-1000, Bangladesh.
Phone : 88-02-9569211
Website :
Delta Life Insurance Co. Ltd.


  • Ordinary Life Insurance
  • Micro Insurance
  • Group Life Insurance
  • Health Insurance


Life Insurance CompanyAddressSchemes & Services

Express Insurance Ltd.
Express Insurance Ltd.

Express Insurance Ltd.
58 Dilkusha C/A (2nd Floor)
Dhaka 1000, Bangladesh.
Phone : 88-02-9552672, 9569546
Fax : 880-2-9568616
E-mail : expressins[at]bol-online.com

.

Life Insurance CompanyAddressSchemes & Services

Prime Islami Life Insurance Limited.
Raj Bhaban (6th Floor)
29,Dilkusha C/A, Dhaka - 1000.
Phone : 7160074, 9560889, 9554538, 9570729
Fax : 880-2-9564390
Email : pililbd[at]gmail.com


  • Islamic Endowment Assurance Plan (Hajj Bima)
  • Amar Priyo Bima With Profit
  • Child Protection Assurance Plan with Profits
  • Gift Assurance Plan with Profit
  • Kallayan Bima Two payment DPS
  • Five Payment Endowment Assurance Plan - Profit & Loss Basis
  • Assurance cum Pension & Medical Benefit Plan
  • Single Payment Endowment Assurance Plan with Guaranteed Profits
  • Profit & Loss Basis - Three payment Assurance Plan
  • Prime Islami Deposit Pension Scheme (PIDPS) with profit
  • Multiple Benefits Life Assurance Plan


Life Insurance CompanyAddressSchemes & Services

Baira Life Insurance Company Ltd.


Head Office :
Mahtab Center (9th Floor)
177, Shaheed Syed Nazrul Islam Sarani,
Bijoynagar, Dhaka-1000, Bangladesh.
Email : -
Website : www.bairalife.com

  • Akok Bima Prokolpo (Endowment Insurance Plan)
  • Three Payment Insurance Plan-With profit
  • Biennial payment Plan-With profit
  • Five-to-One-Endowment Insurance Plan-With profit
  • Moharana Bima (Takaful)-With profit)
  • Pension Bima-Without profit
  • Child Protection Plan-With profit
  • Manpower Export Insurance
  • Micro Bima
  • BAIRA DPS


Life Insurance CompanyAddressSchemes & Services


Fareast Islami Life Insurance Co. Ltd.


Office :
T. K. Bhaban (13th Floor),
13, Karwan Bazar
Dhaka - 1215, Bangladesh
Ph. 8802-8150127-30
Fax : 8802-8130611
Email : filicbd@yahoo.com
Website : www.fareastislamilife.com


Ordinary Life (Ekok Bima)
  • Endowment Insurance Plan (with profit)
  • Pension Plan (without profit)
  • Hajj Bima (with profit)
  • Four Payment Endowment Insurance Plan (with profit)
  • Denmohar Bima (with profit)
  • Three payment Insurance Plan (with profit)
  • Single Premium Endowment Insurance Plan (without profit)
  • Child Protection Plan (with profit)
  • Fareast Deposit Pension Scheme (FDPS)-with profit)
  • Islami Money Back Plan (without profit)
  • Islami Endowment Plan (FDPS)-with profit
  • Child Education & Marriage Insurance (with profit)
  • Joint Life Insurance (with profit)
  • Two Payment Anticipated Insurance (with profit)
  • Five Payment Anticipated Insurance (with profit)

Group Insurance
  • Group Insurance
  • Group Endowment Insurance
  • Group Variable Endowment Insurance

Micro Insurance (Sharbojanin Bima)
  • Monthly Savings Plan - with profits
  • Single Premium Plan-without profits
  • Fareast Deposit Pension Scheme (FDPS) - with profits
  • Islami endowment Insurance (FDPS)
  • Denmohor Insurance with profit
  • Hajj Insurance with profit
  • Child Education & Marriage Insurance with profit
  • Joint Life Insurance with profit


Life Insurance CompanyAddressSchemes & Services


Golden Life Insurance Ltd.


Golden Life Insurance Limited
Head Office :
80 Shahid Tajuddin Ahmed Sharani,
Tejgaon, Dhaka-1208, Bangladesh

phone :-
880-2-8878326,880-2-8878327,
880-2-8878328, 880-2-8878329,
880-2-8878330,880-2-8878331,
880-2-8878332
Fax : 880-2-8878328
E-mail: info@goldenlifeinsu.com,
glil@goldenlifeinsu.com

Website : www.goldenlifeinsu.com


  • Macro Insurance
    • Individual Unit- 1
    • Takaful Unit- 1
    • Alfalah Unit- 1
  • Micro Insurance
    • Bandhu
    • GDPS
    • Mudaraba
    • IDPS
    • Greho Kallyan

Life Insurance CompanyAddressSchemes & Services

Homeland Life Insurance Company Ltd

Homeland Life Insurance Company Ltd.



Head Office :
Ellal Cember(2nd Floor)
11, Motijheel C/A, Dhaka-1000
Telephone :
PABX-7168783, Fax-880-02-9559223
P.O Box no-7388, Dilkusha, Cable Life Insure.
Email : info@homelandlife.com

Website : www.homelandlife.com


  • Endowment Insurance with profits
  • Guaranteed bonus endowment insurance
  • Three payments anticipated endowment insurance with profits
  • Four payments anticipated endowment insurance with profits
  • Progressive endowment insurance with profits
  • Pension insurance policy without profits
  • Child protection endowment insurance with profits
  • Single payment endowment insurance with profits
  • Biennial payment endowment insurance with profits
  • Education protection endowment insurance wit profits
  • Takaful Deposit pension Endowment insurance
  • Mudaraba Deposit 'Pension Scheme with profits


Life Insurance CompanyAddressSchemes & Services

Meghna Life Insurance Company Ltd

Meghna Life Insurance Company Ltd.


Meghna Life Insurance Co. Ltd.
Biman Bhaban (2nd floor)
100, Motijheel C/A., Dhaka-1000.
Phone : 880-2-9558297, 9558993, 9556204
Fax No. : 880-2-7171942
E-mail : info@meghnalife.com

Website : www.meghnalife.com


  • Ordinary Life (Ekok Bima)
  • Group Insurance
  • Loko Bima
  • Islami Bima (Takaful)
  • Islami Khudra Bima (Takaful)
  • Swanirvar Bima

Life Insurance CompanyAddressSchemes & Services

Padma Islami Life Insurance Company Ltd

Padma Islami Life Insurance Company Ltd.


Padma Islami Life Insurance Company Ltd.

Surma Tower (11th Floor),
59/2, Purana Paltan,
Dhaka, Bangladsh.

Phone : 88-02-9556816, 9556816, 7162131, 7162131
Email : padmalife@dhaka.net

Website : www.padmalife.com


  • Convertible Endowment Assurance (With Profits)
  • Endowment Assurance Plan (With Profits)
  • Anticipated Endowment Assurance Plan-3 stage (With Profits)
  • Anticipated Endowment Assurance Plan-4 stage (With Profits)
  • Child Protection Assurance (With Profits)
  • Pension Assurance (With Profits)
  • Hajj/Omrah Assurance- Takaful (With Profits)
  • Marriage/Moharana Assurance- Takaful (With Profits)
  • Biennial Assurance- Takaful (With Profits)
  • Single Premium Endowment Assurance (With Profits)
  • Anticipated Endowment Assurance-5 Stage (With Profits)
  • Deposit Pension Scheme -(With Profits)
  • Premium Refund Term Assurance (With Profits)

Life Insurance CompanyAddressSchemes & Services

Popular Life Insurance Company Limited

Popular Life Insurance Company Ltd.


Head Office :
36, Dilkusha C/A,
Peoples Insurance Bhaban (3rd Floor)
Dhaka - 1000, Bangladesh.
Tel : +88 02 7174156-60
Fax : -
Email : info@popularlifeins.com
Address of Major Offices

Website : www.popularlifeins.com

Micro Insurance :
Al-Amin Bima, Janapriya Bima, Islami DPS, Al-Barakah Islami DPS, Popular DPS.
Individual Life Insurance :
Ekok Bima, Ekok Bima, Al-Barakah Islami Bima (Ekok), Janapriya Ekok Bima, IDPS Ekok Bima, Al-Amin Ekok Bima.

Life Insurance CompanyAddressSchemes & Services

Pragati Life Insurance Ltd

Pragati Life Insurance Ltd.


Pragati Life Insurance Ltd.
Pragati Rhone-Poulence Center,
20-21, Kawran Bazar (6th Floor)
Dhaka-1215, Bangladesh.
Phone : +88 02 8189184 - 7
Fax : +88 02 9124024
Email : info@pragatilife.com

Website : www.pragatilife.com

Individual Product Line (IPL)
Group Insurance
Health Insurance
Pragatibima
Islami Deposit Pension Scheme (IDPS)

View Details

Life Insurance CompanyAddressSchemes & Services

Progressive Life Insurance

Progressive Life Insurance Company Ltd.


Progressive Life Insurance
Company Ltd :

National Scout Bhaban
(4th,5th,6th,7th & 11th Floor)
70/1 Inner Circular Road, Kakrail,
Dhaka 1000, Bangladesh.
Phone : 9348530, 9350301, 9341277,
Mobile : 01713-430000
Fax : 880-2-8315373
Email :
plicl@progressivelife.com.bd
progress@bdcom.com

List of Important Agency Office

Website : progressivelife.com.bd

Individual Bima
Sujan Bima
Islami Bima Prokalpa

Life Insurance CompanyAddressSchemes & Services

Rupali Life Insurance Company Ltd.

Rupali Life Insurance Company Ltd.


Rupali Life Insurance Company (RLIC)
Head Office :
Rupali Bima Bhaban (9th floor)
7, Rajuk Avenue
Dhaka - 1000, Bangladesh
Phone : 9571355,9566541,9566527
Fax : 88-02-9570560
E-mail : rupali_life@yahoo.com

Website : www.rupalilife.com

.

Life Insurance CompanyAddressSchemes & Services

Sandhani Life Insurance

Sandhani Life Insurance Company Ltd.

Head Office - 1 :
Taranga Complex (4th Floor),
19, Rajuk Avenue Motijheel C/A,
Dhaka-1000, Bangladesh.
Tel : 9563464, 9563521, 9561154, 9565451, 7169024
Fax : 88-02-9554847

Head Office - 2
Sandhani Life Bhaban
22/10, Block-B, Babor Road (Mirpur Road), Shaymoli, Dhaka -1207, Bangladesh.
Tel : 9139134, 9139189
Fax : 88-02-8130897

Head Office (Extended)
16 Motijheel C/A,
Dhaka-1000, Bangladesh.
Tel : 9558532,9558554,
Fax : 88-02-7163377

E-mail: slic@sandhanilife.com

Website : www.sandhanilife.com

.

Life Insurance CompanyAddressSchemes & Services

Logo : Sunflower Life Insurance

Sunflower Life Insurance Company Ltd.

Head Office :
Sunflower Life Insurance Company Limited.
Dilkusha Center (5th Floor)
28, Dilkusha C/A,
Dhaka-1000, Bangladesh.

Tel : +880-2-9571619-20
Fax : +880-2-7174024
E-mail : sf_life@sparkbd.net

Website : www.sunflowerlife.com
.

Life Insurance CompanyAddress

Schemes & Services

Sunlife Insurance Company Ltd

Sunlife Insurance Company Ltd.


BTA Tower (7th floor)
29 Kemal Ataturk Avenue
Road # 17 , Banani C/A,
Dhaka-1213,Bangladesh.
Phone : 9821562, 9821563
Fax : 88-02-9821565
E-mail : sunlife@dtechltd.com

Website : Sunlife Insurance

Plan - 01 : EKOK BIMA - Child Protection Assurance-With Bonus.
View Details

Plan - 02 : Ekok & Small projects - Single payment Endowment Assurance-with Guaranteed Profits (popular in Bangladesh).
View Details




Bike insurance compny in Bangladesh. The 46 motorcycle insurers in Bangladesh usually underwrite motor insurance risks. Here the list of bike insurance companies has been in alphabetical order. In the compilation of our list, we have mentioned the address of their corporate office with the web address and email address for your ease of reference.

Wednesday, March 18, 2015

Institute Cargo Clauses


 Coverage in ICC Clauses 



Exclusion to ICC A+B+C
1.       Willful Misconduct
2.       Wear and Tear
3.       Insufficiency in packing
4.       Inherent vice
5.       Delay
6.       Insolvency of manager/shippers
7.       Radioactive
8.       Nuclear
9.       SRCC
10.   War

Wednesday, March 11, 2015

Insurable Risks on Rise in Bangladesh

Insurable Risks on Rise in Bangladesh

Bangladesh has witnessed a steady rise in the insurable risks through building of some mega project int the last three decades as seen by insurgence experts. 
In the 1970's the city of Dhaka was seen in the transport facilities available at that time.


The views reflect the current position of Dhaka city in 2010.

There is a sharp rise of insurance requirements in the city.

More information here.

Some photos of Dhaka 2015 : 


 

Tuesday, March 10, 2015

Define the Reservation of rights



Reservation of rights
An insurer's notification to an insured that coverage for a claim may not apply. Such notification allows an insurer to investigate (or even defend) a claim to determine whether coverage applies (in whole or in part) without waiving its right to later deny coverage based on information revealed by the investigation.
Insurers use a reservation of rights letter because in many claim situations, all the insurer has at the inception of the claim are various unsubstantiated allegations and, at best, a few confirmed facts. In reserving its rights to later deny coverage, the insurer is merely telling the insured of its concerns that the claim, in whole or in part, may not be covered under the policy, pending further investigation.
Although a reservation of rights protects an insurer's interests, it also alerts an insured to the fact that some elements of a claim may not be covered, thereby allowing the insured to take necessary steps to protect its potentially uninsured interests.
reservation of rights
In American legal practice, a Reservation of Rights is a statement that one is intentionally retaining his full legal rights, so as to warn others of those rights. This notice avoids later claims that one waived legal rights that were held under a contract, copyright law, or any other applicable law.
The term “all rights reserved" is used in connection with copyright law. The term "reservation of rights" (particularly a "reservation of rights letter”) is often used in connection with insurance claims. The insurance company issues a Reservation of Rights Letter stating that it may deny coverage for some or all of the claim, even while the company is investigating the claim or beginning to treat the claim as if it were covered.[1] If the insurance company later decides to deny coverage, it cites the original Reservation of Rights as the warning that it might do so.
An insurer’s reservation of rights is an important legal step, particularly in the context of liability insurance. The insurer may provide a defense to the insured, seemingly protecting the insured from the serious liabilities that may result from a civil suit. But, the liability insurer is alerting the insured defendant that insurance may ultimately not cover the resulting liability, or a portion of the liability.[2]

Monday, March 9, 2015

Abdul Kadir and His Plan for Bangladesh Insurance Sector

 Abdul Kadir and His Plan for Bangladesh Insurance Sector

 

My objective is to develop a clear vision and strategy to take the  Bangladesh Insurance Sector to the next level, so it is seen as the ‘leading’ industry in the financial market of Bangladesh that represents the economy and pave the way for a better future.

 

Abdul Kadir

Dip CII 

Insurance Company Branding Project 

Insurance University

Saturday, March 7, 2015

Insurance Image Building in Bangladesh and Abdul Kadir

 Insurance Image Building in Bangladesh and Abdul Kadir

From the very beginning of my career in the insurance industry of Bangladesh, I had the vision and mission to have a U-turn in the image of the industry by introducing BikeInsurance.com.bd

From this very page I would like to request all of the top management of the insurance companies of  Bangladesh to invest a smaller proposition of the budges in the branding of the industry.

The methods of the Image Building for the Bangladesh  Insurance  industry:


  1. Newspaper Advertisement
  2. Article writing
  3. Drama making of Television
  4. Academic syllabus inclusion in the HSC level.
  5. Development of the payment structures of the current employees
  6. Insurance education expansion
  7. MBA in Insurance Introduction into the Universities.
  8. Seminar and training 
  9. Regulator steps to improve the image
  10. Consumers protection and satisfaction 
  11. Online motor insurance Bangladesh

Abdul Kadir
Insurance  Education Expansion Project
Insurance University