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
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