Jiban Bima Corporation, a state-run life insurance provider in Bangladesh, witnessed steady growth for the past few years as its subscriber base has expanded even though customers lack faith in the industry.
Anwar Hossen, who holds an MBA, works for a private firm and draws a monthly salary of more than Tk 60,000. But he has not purchased any life insurance policy although private sector employees in Bangladesh are not entitled to any pension support and his four-member family will be in trouble if he faces any untimely death.
Jiban Bima Corporation, a state-run life insurance provider in Bangladesh, witnessed steady growth for the past few years as its subscriber base has expanded even though customers lack faith in the industry.
Anwar Hossen, who holds an MBA, works for a private firm and draws a monthly salary of more than Tk 60,000. But he has not purchased any life insurance policy although private sector employees in Bangladesh are not entitled to any pension support and his four-member family will be in trouble if he faces any untimely death.
