Pragati Life, CARE Bangladesh ink deal

Business Desk

4 September, 2018 12:00 AM printer

Pragati Life Insurance Limited and CARE Bangladesh signed an agreement to introduce a micro life and health insurance for the rural households.

The agreement was signed by Md Jalalul Azim, CEO of the Pragati Life Insurance Limited and Zia Choudhury, Country Director of CARE Bangladesh in a ceremony held at CARE Bangladesh headquarter in the capital recently, said a press release.

Under the agreement, Pragati Life Insurance will provide group insurance coverage through a micro-insurance pilot project under the Alternative Distribution Channel (ADC) initiatives, for the households involved with the Shomoshti Project of CARE Bangladesh.

SM Ziaul Hoque, General Manager, Operations and Head of ADC of Pragati Life Insurance and Anowarul Haq, Director ERPP and  Md. Gias Uddin Talukder, Senior Team Leader of CARE Bangladesh were present on the occasion.