Best Insurance Company In Bangladesh

                                                                                                                                                            

After the war of independence of Bangladesh, the Insurance company started operating in Bangladesh under the law. First of all, only three insurance company in Bangladesh started their journey and were providing their services all over Bangladesh. But at present, it is constantly increasing. An insurance company is a financial institution that provides such services to its clients.

Life insurance is the best among their clients and this financial institution continues to help our local people in their financial crisis. The Govt. of Bangladesh also contributes to two insurance companies for its citizens.

The Insurance Development and Regulatory Authority of Bangladesh (IDRA) are constantly trying to improve the rules and regulations day by day.

Name of the 

Best Insurance Company in Bangladesh

There are many insurance companies in Bangladesh at present. In today's article, We are discussing the top 10 best insurance companies in Bangladesh that will help you in all types of business, personal accident, home, car, travel, life, health, and auto insurance services. For your convenience, the following are the names of the best 10 insurance companies in Bangladesh in 2022.

1. Metropolitan Life Insurance company (MetLife)

Today, the Metropolitan Life Insurance Company, or MetLife for short, was formerly known as the American Life Insurance company. This is the oldest and best insurance company in Bangladesh. This insurance company started its journey in 1952 in Bangladesh.

MetLife insurance company is coming to our country from America for the needs of the people of Bangladesh. Since 1952 they have successfully met the needs of the people. The company is also helping to provide employment opportunities to 1 million Bangladeshis. Recently MetLife superbrands Are winning Bangladesh Award 2020-2021.

Head-Office: Alico Building, 18-20 Motijheel, C/A Dilkusha Rd, Dhaka 1000, Bangladesh

Phone:+8809666716344

Website:  metlife.com.bd

Insurance Plan

• Single Deposit Protection Scheme (SDPS) 
• Income Growth Plan
• Education Protection Plan (EPP) Plus
• DPS Super
• Three Payment Plan (3pp) Plus
• Endowment
• Hospital Care
• CI ROP Super
• Medicare Health Insurance
• Critical Care
• Bancassurance Non-Employee Group
• Takaful DPS
• Employee Benefits Coverage from MetLife
• LifeLine Retirement Insurance

2. Popular Life Insurance Company Limited

Popular Life Insurance company limited has established in 2000 under the Bangladesh Insurance Act. Popular Life Insurance company is gaining the trust of the people of Bangladesh by providing several schemes or more direct services. At present thousands of agents are working in this popular life insurance company in our country.

Office:  Peoples Insurance Bhaban, 3rd floor, 36 Dilkusha Rd, Dhaka 1000

Phone:02-223357534-38, 0957-7534

Website: www.popularlifeins.com

Insurance Plans

• Dual-Security Term Insurance (with Profit)
• Joint Term Insurance (with profit)
• Children’s education and marriage insurance (non-profit)
• Child safety insurance (with benefits)
• Child-Scholarship-Assurance-Plan
• Marriage endowment
• Self-Help Insurance (Single Premium Policy)
• Hajj Bima Plan
• Mohorana-Bima-Plan
• Five-Payment-Endowment-Assurance-Plan
• Four-Payment-Endowment-Assurance-Plan
• Personal pension insurance policy
• Single scheme
• Three installment insurance
• Single premium insurance
• Multiple installment insurance
• Assurance cum Pension and Medical Benefit plan
• Temporary insurance
• Life insurance for poverty alleviation

3. Delta Life Insurance Company Limited

Private insurance companies in Bangladesh started their journey in 1974 to get permission from the government of Bangladesh. The mission of Delta life insurance company is to provide high-quality insurance services like in western countries.

Office: Delta Life Tower, Plot # 37, Road # 90, Gulshan Circle – 2, Dhaka – 1212, Bangladesh

Phone: +88 01885 060000

Website: www.deltalife.org

Insurance Plans

• Biennial Payment Plan
• Overseas Mediclaim Policy
• One-Two-Three Endowment Insurance
• Single-Premium Endowment Plan
• Group Life Insurance
• Endowment Insurance Plan
• Endowment Insurance Plan – Without Bonus
• Best Health Insurance
• Flexible Insurance Plan
• Quarterly Savings Endowment Plan
• Daughter’s Marriage Endowment Plan
• Monthly Savings Endowment Plan 
• Endowment Plan with Guaranteed Profit
• Three Payment Insurance Plans

4. Padma Islami Life Insurance Company Limited

Padma Islami Life Insurance Company mainly provides its scheme on life-based insurance. Here you can choose the schemes of your choice which can get you high or low returns. This insurance company has been providing all kinds of services to the public.

Office: Padma Life Tower, 115 Kazi Nazrul Islam Avenue, Bangla Motor, Dhaka-1000, Bangladesh

Phone: +8802 48311809

Website: padmaislamilife.com

Insurance Plans

• Marine Insurance
• Marine Hull Insurance 
• Best Health Insurance
• Fire Insurance
• Cargo Insurance
• Motor Insurance

5. Pragati Insurance Company Limited

The company provides its financial services on a lifeless basis. These are called non-life insurance companies that have submitted their schemes such as machine insurance, accident insurance, car insurance, home insurance, factory-based insurance, and others. They are successfully running their insurance journey and have proven their best performance about it.

Office: Pragati Insurance Company Bhaban, 20-21, Karwan Bazar, Dhaka - 1215, Bangladesh

Phone: +88-02-55012680-2

Website: pragatiinsurance.com

Insurance Plans

• Personal Accident Insurance
• People’s Personal Accident Insurance
• Health Care & Hospitalization Insurance
• Marine Cargo Insurance
• Marine Hull Insurance
• Electronic All Risks Insurance
• Machinery Breakdown Insurance
• Electronic Equipment Insurance
• Boiler & Pressure Vessels Insurance
• Deterioration of Stock Insurance
• Cash-in-Safe Insurance
• Cash-on-Counter Insurance
• Cash-in-Transit Insurance
• Cash-in ATM Insurance
• Cash-in BTM Insurance
• Safe Deposit Box (Bank Lockers) Insurance
• Credit Shield Insurance Policy
• Tournament Insurance
• Replacement of Lost Card/Fraud Insurance
• Consequential Loss/Business Interruption Insurance
• Workmen’s Compensation Insurance
• Weather Index-Based Insurance
• Contractor’s All Risks Insurance
• General Aviation Insurance
• Personal Accident Airline Insurance
• Air Travel Insurance
• Fidelity Guarantee Insurance
• Public Liability Insurance
• Products Liability Insurance
• Burglary & Housebreaking Insurance
• Fire & Allied Perils Insurance
• Industrial All Risks Insurance
• Hotel All Risks Insurance
• Power Plant Insurance
• SME Insurance
• Comprehensive Insurance
• Bangabandhu Suroksha Bima
• Overseas Mediclaim Insurance

Also Read: Top 10 Company in Bangladesh

6. Jiban Bima corporation

Jiban(Life) Bima(Insurance) corporation is a state-funded and state-owned insurance company in Bangladesh, which merged Surma and Rupsha Jeevan Bima corporation in 1973 by order of the president and established Jeevan Bima corporation. The name of this insurance company is coming from the Bangla language.

Office: 24, Motijheel Commercial Area,

            Dhaka, Bangladesh

Phone: (88)-9551414, 9559041-2

Website: www.jbc.gov.bd

Insurance Plans

• Child safety insurance (with benefits)
• Children’s education and marriage insurance (non-profit)
• Dual-Security Term Insurance (with Profit)
• Term insurance (with profit)
• Term insurance (non-profit)
• Overseas Mediclaim Policy
• Personal pension insurance policy
• Joint Term Insurance (with profit)
• Three installment insurance
• Multiple installment insurance
• Marriage endowment
• Money-back term policy
• Single premium insurance
• Single scheme
• Expected Term Insurance (with profit)
• Expected Term Insurance (Non-Profit)
• Hajj insurance
• Pramila DPS Scheme (with profit)
• Rural life insurance (with profit)
• Progressive term insurance
• Triple Protection Policy (with profit)
• Property Tax Insurance (Non-Profit)
• Self-Help Insurance (Single Premium Policy)
• Best Life insurance for poverty alleviation
• Temporary insurance
• Life insurance (with profit)
• Life Insurance (Non-Profit)
• Guaranteed Bonus Term Insurance

7. Sandhani Life Insurance Company Limited

Sandhani Life Insurance company limited has been one of the leading life insurance companies in Bangladesh since 1990. This company has been providing its services in all areas of Bangladesh and is increasing the financial change in society. The company has many micro insurance segments that provide more services and make a lasting difference in society.

Address: SONDHANI LIFE TOWER, RAJUK, PLOT NO (34), BANGLA MOTOR, DHAKA- (1000).

Phone: 01833-325681

Website: www.sandhanilife.com

Insurance Plans

• Vehicle Loan Scheme Insurance
• Islami Mohrana (Takaful) (With Profit)
• Islami Term Savings (Takaful) Insurance
• Islami Savings (Takaful) Insurance – Three Payments
• Islami Savings (Takaful) Insurance – Four Payments
• Education (Takaful) Insurance (With Profit)
• Islami Special Advantage Hajj Insurance (With Profit)
• Islami Hajj (Takaful) Insurance (With Profit)
• Single Payment Assurance Takaful Plan
• Group Bima
• Endowment Insurance
• Joint Life Endowment Insurance
• Anticipated Endowment Insurance – Three Payment
• Anticipated Endowment Insurance – Four Payment 
• Children Endowment Insurance
• Individual Pension Scheme Insurance (Without Profit)
• Single Payment Multiple Benefit Endowment Insurance
• Higher Education Support Insurance
• Child Protection Endowment Insurance (With Profit)

8. Meghna Life Insurance Company Limited

The journey of this insurance company started for the betterment of the people and the nation. Meghna Life insurance company always strives to provide its services at perfect and accurate prices. They are gaining a reputation from people in a short time.

Address: 37/2, Pritom Zaman Tower(4th Floor), Purana Platan ,Dhaka.

Phone: 88 02-9551366

Website: www.micl.com.bd

Insurance Plans

• Child Safety Insurance (Profitable) 
• Child Safety Insurance (Non-Profitable) 
• Double Payment Single Savings Insurance (Profitable)  
• Double Payment Single Savings Insurance (Non-Profitable)
• Education Expenditure Insurance (Profitable)
• Education Expenditure Insurance (Non-Profitable)
• Hajj Insurance (Profitable)
• Three installment insurance
• Savings Insurance (Profitable) 
• Savings Insurance (Non-Profit) 
• Premium return insurance (guaranteed profit) 
• Five installment insurance (profitable)

9. Takaful Islami Insurance Company Limited

If you want to get insurance benefits according to Islamic sharia, this insurance company will be the best insurance company for you to get financial services. Takaful Islamic Insurance Ltd has been providing its services in Islamic schemes with a unique nature in both uncultivated and life. Most of the people are Muslims in Bangladesh. So, this Takaful Islamic Insurance Company has launched so many projects for Muslims. They provide all kinds of services to the people. That is why they have won so much love from people so easily.

Head Office:  Monir Tower (7th, 8th & 9th Floor),167/1, D.I.T. Extension                       Road, Motijheel (Fakirapool), Dhaka.

Phone: 88-02-41070071-3

Website: www.takaful.com.bd

Insurance Plans

• Marine Insurance
• Marine Hull Insurance 
• Health Insurance
• Fire Insurance
• Cargo Insurance
• Best Motor Insurance

10. Sunlife Insurance Company Limited

This insurance company was established in 2000 for the development of various business sectors and customer protection and others. It is one of the top insurance companies in Bangladesh. The insurance company mainly focuses on the smallest families in society.

Address: VCH2+8CV, Road-21, Sector-11, Uttara, Dhaka-1230, Bangladesh, Dhaka 1230

Phone: 02-9892983

Website: sunlifeinsbd.com

Insurance Plans

• Deposit Pension Scheme
• Biennial Payment Plan
• Single Payment Scheme
• Denmohor Bima
• Hajj Bima Plan
• Mitali Bima Premium Back Term
• Child Safety Insurance (Bonus added)
• Endowment Insurance with Bonus
• Endowment Insurance without Bonus
• Three Payment Insurance with Bonus
• Renewable Group Term Assurance
• Group Endowment Assurance