In the wake of the Covid-19 pandemic, Robi is offering Tk1 lakh life insurance coverage to customers on specific bundle packs purchase. Customers recharging Tk324 or Tk104 will automatically receive insurance coverage and benefits from Health Plus, Robi's digital health platform. Read: Mobile Insurance Offers in Bangladesh Can Save Lives Customers can avail 525 voice minutes and 512MB data by recharging Tk324 with 30 days' validity. By recharging Tk104, customers can enjoy 170 voice minutes with seven days' validity. The life insurance amount for both packs is Tk1 lakh. The validity of life insurance for Tk324 is six months and one month for Tk104. The age limit of the customer for insurance coverage is between 18 to 60 years. Read: Robi partners with SKS to help Covid-hit low-income people In case of the death of the registered customer, a nominated person will be able to claim the insurance. The nominee will have to call 28477 to settle the insurance claim, according to a press release.

Upay, a recognized digital financial service provider in the country has recently signed an agreement with Guardian Life Insurance Limited to facilitate upay customers with its insurance policies using the upay app. Sydul Haque Khandaker, Managing Director and CEO of upay, and Sheikh Rakibul Karim, Deputy Managing Director and Acting CEO of Guardian Life Insurance signed the agreement on behalf of their respective organizations at the head office of Guardian Life Insurance. Also read: Land ministry, upay sign MoU on land fee payment Amid the growing popularity of ‘Micro Health Insurance’, upay customers can now buy the ‘Easylife’ products of Guardian Life from its app under this agreement. upay is a subsidiary of the United Commercial Bank that launched its service in March 2021 offering a broad range of mobile financial services to people from all walks of life. Also read: Upay to offer lowest ATM cash out charge Shamim Ahmed, Chief Operating Officer, Yeasin Arafat, Head of Digital Channels and ADC, Shariar Akanda, Key Lead, Digital Channel and ADC, Ariful Hoque, AVP, Digital Channel and ADC from Guardian Life Insurance Limited and Md. Nur-E-Alam Siddiquee, Chief Financial Officer, Saad Mohammad Faizul Karim, Director, Business Sales, Md. Nazim Uddin Ahmed, Deputy Director, Business Sales, Md. Rezwanul Hoque, Assistant Director, Business Sales of upay were present at the signing ceremony. Read Top Insurance Companies in Bangladesh in 2021

MetLife Bangladesh, a leader of life insurance company has launched a unique initiative, 3-hour claim decision service for COVID-19 death claims with coverage up to Tk 20 lakh. With this fast track service, along with receiving the claim decision in 3 hours, beneficiaries of deceased policyholders will also receive the claim amount in 3 working days through Electronic Fund Transfer (EFT). Also read: MetLife Bangladesh gets new General Manager At this stage, the service is applicable for only individual policies, said a press release.  This 3-Hour Claims Decision service can be availed by sending an email to  [email protected] with a simple set of documents. Beneficiaries will receive SMS notifications on the progress of their claim requests. More information will be available at its webpage: https://www.metlife.com.bd/three-hour-claims0/ Read IBBL gets insurance claims for deceased employees

Islami Bank Bangladesh Limited (IBBL) received a cheque of Tk.55 lac under group life insurance policy from Padma Islami Life Insurance Limited (PILIL) on Thursday.