Top 10 insurance company in bangladesh 2023
Insurance companies started their operations in Bangladesh under the law since the independence of Bangladesh. Initially only three insurance companies started in Bangladesh. After that, it can be seen that many insurance companies have started their journey to Bangladesh.
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| Top 10 insurance company in bangladesh 2023 |
An insurance company is a financial institution. Insurance companies provide this service to their customers. Many businessmen and common people rely on an insurance company. Businessmen especially depend on an insurance company for their various business activities.
Insurance companies in Bangladesh and any other country provide different types of services. Insurance companies provide different types of services viz:
- Life insurance
- Vehicle insurance
- Health insurance
- Whole life insurance
- Term life insurance
- Travel insurance
- Property insurance
- Flood insurance
- Universal life insurance
- Critical illness insurance
- Renters' insurance
- General insurance
- Casualty insurance
- Aviation insurance
Today we will tell you in this article which are the best 10 insurance companies in Bangladesh.
Top 10 insurance companies in Bangladesh 2023
There are many insurance companies in Bangladesh, among them the top 10 insurance companies are:
- Delta Life Insurance Company Limited
- Takaful Islami Insurance Ltd
- MetLife Bangladesh
- Sun Life Financial Insurance Co. Ltd.
- Jiban Bima Corporation
- Popular Life Insurance Company Ltd.
- Meghna Life Insurance Company Limited
- Sandhani Life Insurance Company Limited
- Pragati Insurance Company Limited
- Padma Life Insurance Company Limited
1. Delta Life Insurance Company Limited
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| Delta Life Insurance Company Limited |
Delta Life Insurance Company Limited is the first among the best life insurance companies in Bangladesh.
Since 1984 Delta Life Insurance Company Limited this insurance company is working. This is a very large private insurance company. This company operates across the country.
This company is located in Motijheel, Uttara Bank Building. The building of this company consists of 25 floors. This company has many customers. In one word, this company is very best for Bangladesh.
- Uttara Bank Bhaban
- 90-91 Motijheel C/A
- Dhaka-1000
- Tele: 9565033
- Fax: 880-2-9562219
2. Takaful Islami Insurance Ltd
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| Takaful Islami Insurance Ltd |
The second insurance company we have placed in the list of top 10 insurance companies is Takaful Islami Insurance Ltd. It is basically an Islamic insurance company. Takaful Islami Insurance Ltd being an Islamic insurance company has a lot of demand in Bangladesh.
They basically run their activities based on Islam. They have successfully built a very large network across the country. This company deals in both life and non-life insurance. As Bangladesh is an Islamic country, the number of these companies is increasing day by day. Takaful Islami Insurance Ltd was established in 2001.
3. MetLife Bangladesh
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| MetLife Bangladesh |
MetLife is an American life insurance company also known as ALICO. This company started its journey in 1952 in Bangladesh. This company first started in America and then slowly its demand is increasing in Bangladesh as well. However, this new name MetLife is kept in Bangladesh.
MetLife Company was first established in New York in 1868. MetLife offers coverage in more than 40 countries in addition to offering coverage in nearly 50 states.
Pros
- Portable coverage at group rates
- Convertible term coverage
- Living benefits included
Cons
- Does not offer individual life insurance
- Poor customer satisfaction ranking
- Many complaints with the NAIC
Details
- Alico Building
- 18-20, Motijheel C/A
- Dhaka-1000
- Tele: 9561791
4. Sun Life Financial Insurance Co. Ltd.
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| Sun Life Financial Insurance Co. Ltd. |
Sunlife Insurance Company Ltd This company started in the year 2000 focusing on the safety and convenience of their customers. This company is working successfully in Bangladesh. This company is one of the most popular companies for Bangladesh.
Basically they are continuing their activities focusing on the smallest families of the society. If you want to become a customer of this company contact them through the number below.
- BTA Tower (12th fl.)
- 29 Kemal Ataturk Avenue
- Road # 17, Banani C/A
- Dhaka – 1213
- Phone: 9887511, 9892983
5. Jiban Bima Corporation
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| Jiban Bima Corporation |
Jiban Bima Corporation is a state-owned and government-financed insurance company in Bangladesh. Jiban Bima Corporation This insurance company started in 1973 from Motijheel, Dhaka under Insurance Act and Regulations.
This insurance company has branches all over the country. Buying a policy from Jeevan Bima offers many benefits and almost people in Bangladesh buy policies from this company. This company has many customers because it is a government insurance company.
- 24, Motijheel C/A
- Dhaka-1000
- Tele: 9551414, 9551423-24
- Fax: 880-2-9561325
6. Popular Life Insurance Company Ltd.
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| Popular Life Insurance Company Ltd. |
Popular Life Insurance Company Ltd is the company that we have placed at the 6th position in the top 10 insurance company list. In 2000, Popular Life Insurance Company Ltd was established as an insurance company. This company is established in Motijheel, Dhaka.
The company employs hundreds of agents. This company is providing many benefits to their customers. Some information about the company is given below.
- 9/E, Motijheel C/A
- Dhaka-1000
- Tele: 9554058, 9570696
7. Meghna Life Insurance Company Limited
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| Meghna Life Insurance Company Limited |
We have placed Meghna Life Insurance Company Limited at the seventh position in the top 10 insurance company list. This company continues its activities with the aim of improving people and nations.
This company was established in 1996 at Biman Bhavan Motijheel in Dhaka. This company has gained their popularity in a very short time. Finally, this company is one of the biggest insurance companies in Bangladesh.
- Biman Bhaban
- 100, Motijheel C/A
- Dhaka-1000.
- Tele: 9558993
- Fax: 880-2-9555802
8. Sandhani Life Insurance Company Limited
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| Sandhani Life Insurance Company Limited |
Sandhani Life Insurance Company Limited is the eighth insurance company we have placed in the top 10 insurance company list. This company started their operations since 1990. This company is one of the insurance companies in Bangladesh.
- Taranga Complex
- 19 Rajuk Avenue
- Dhaka-1000
- Tele: 9667030,9555828
- Fax: 880-2-9554847
9. Pragati Insurance Company Limited
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| Pragati Insurance Company Limited |
Pragati Insurance Company Limited This is basically a non-life insurance company. It offers various schemes like:
- Mediclaim Insurance.
- Factory based insurance.
- Accident insurance.
- Aviation insurance.
- Building insurance.
- Home insurance etc.
Details:
- Uttara Bank Bhaban
- 90-91 Motijheel C/A
- Dhaka-1000
- Tele: 7113243-45
10. Padma Life Insurance Company Limited
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| Padma Life Insurance Company Limited |
Padma Life Insurance Company is basically an Islamic insurance company of Bangladesh. This company offers their schemes on life-based insurance.
Padma Life Insurance Company This company has a lot of demand because they provide all kinds of services to their customers.
- Rupali Bima Bhaban
- 7, Rajuk Avenue (Floor-10)
- Dhaka-1000
- Tele: 7110816
Top 10 Insurance Companies in Bangladesh 2023 If any wrong information is given in this article and if you have any complaint or want to know anything about this article then comment below.
Top 10 insurance company in bangladesh 2023 - VIDEO
Top 10 insurance company in bangladesh 2023 - FAQ
Which is the best insurance company in Bangladesh?
Below are the top 10 insurance companies in Bangladesh: Delta Life Insurance Company Limited Takaful Islami Insurance Ltd MetLife Bangladesh Sun Life Financial Insurance Co. Ltd. Jiban Bima Corporation Popular Life Insurance Company Ltd. Meghna Life Insurance Company Limited Sandhani Life Insurance Company Limited Pragati Insurance Company Limited Padma Life Insurance Company Limited
What is the name of the first insurance company in Bangladesh?
The name of the first insurance company in Bangladesh is Jeevan Bima Corporation (JBC) started this insurance company on 14 May 1973. It is a state run life insurance corporation in Bangladesh.
What type of insurance is best?
Term insurance is the best insurance. It is the purest and most affordable insurance.
Md Abdullah
HI, my name is Abdullah All Sifat. I am a student. I love to write articles and I love this technology world. About Us
