Let’s talk about Insurance Company in Bangladesh today and their list.
Insurance is a tool to reduce financial loss or hardship. The concept of Insurance works on the companies of ‘risk pooling’. Simply we can say that it is an arrangement by which a company or person protects their property from unknown and accidental loss. It is high protection for people. It is a form of risk management.

It is primarily used to hedge against the risk of an uncertain loss. It is a contract, represented by a policy, in which an individual receives financial protection against losses from an insurance company. There are different types of insurance policies available.
Table of Contents
- List of Insurance Companies in Bangladesh
- Best Life Insurance Company In Bangladesh
- List of Life Insurance Companies in Bangladesh
- General Insurance Company in Bangladesh
- General Insurance Company List in Bangladesh
- Medical Insurance Companies in Bangladesh
- Top 10 Insurance company in Bangladesh
- FAQ about Insurance Company in Bangladesh
List of Insurance Companies in Bangladesh
We now gonna know about some list of insurance companies in Bangladesh.
Types of Insurance in Bangladesh
There are two types of insurance companies in Bangladesh.
- Life Insurance Company
- General Insurance Company
Life insurance covers you against the risk of death. Life insurance policies come in many variants such as term plans, endowment plans, whole life insurance plans, money back plans and unit-linked investment plans etc. Many life insurance products can be a great tool for long-term savings also as it comes as a combination of protection and savings.
Life insurance is also mandatory for those who travel by plane. General insurance products cover financial losses caused by various risks other than death. General insurance products come in various types covering a wide range of risks such as health insurance, motor insurance, marine insurance, liability insurance, travel insurance and commercial Insurance etc.
Each company has public and private sectors. The companies are listed below :
- Public Sector (Life)
- Public Sector (Non-life)
- Private Sector (Life)
- Private Sector (Non-Life)
Public Sector (Life) :
- Bangladesh Jiban Bima Corporation
Public Sector (Non-life) :
- Bangladesh Sadharan Bima Corporation
Private Sector (Life) :
- MetLife Bangladesh (American Life Insurance Company Ltd) Life
- Sonali Life Insurance Co. Ltd.
- Fareast Islami Life Insurance Company Limited
- Delta Life Insurance Company Ltd.
- Meghna Life Insurance Company Ltd.
- National Life Insurance Company Ltd.
- Padma Islami Life Insurance Company Ltd.
- Popular Life Insurance Company
- Sonali Life Insurance Co. Ltd.
- Diamond Life Insurance Co. Ltd.
- Alpha Islami Life Insurance Ltd.
- Trust Islami Life Insurance Co. Ltd.
- Jamuna Life Insurance Ltd.
Private Sector (Non-Life) :
- Agrani Insurance Company Ltd.
- Asia Pacific Gen Insurance Co. Ltd.
- Bangladesh Co-operatives Ins. Ltd.
- Bangladesh General Insurance Co. Ltd.
- Janata Insurance Company Ltd.
- Karnaphuli Insurance Company Ltd.
- Meghna Insurance Company Ltd.
Best Life Insurance Company In Bangladesh
Life insurance companies in Bangladesh: Most of the insurance companies are enlisted with Bangladesh Securities and Exchange Companies. Insurance companies in Bangladesh are developing as local people have got more conscious about the security of what they own. The promising service of some companies has established the trust and the people of Bangladesh turn to them on and on with optimism. These are the 12 top insurance companies in Bangladesh.
Financial System Insurance has 18 are life Insurance Companies including 1 foreign company and 1 is a state-owned company, 44 General Insurance Companies including 1 state-owned company.
List of Life Insurance Companies in Bangladesh
if you are looking for all life insurance company list in Bangladesh, then they are just below.
Top 10 life insurance company in Bangladesh
These are some top list of life insurance companies in Bangladesh.
- American Life Insurance Co.
- Jiban Bima Corporation.
- Delta Life Insurance Co Ltd.
- Popular Life Insurance Co Ltd.
- Meghna Life Insurance Co Ltd.
- Takaful Islami Insurance Ltd.
- Pragati Insurance Co
- Padma Life Insurance Co Ltd.
- Sunlife Insurance Co Ltd.
- Golden Life Insurance Co Ltd.
- Rupali Life Insurance Co Ltd.
General Insurance Company in Bangladesh
General Insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General Insurance is typically defined as any insurance that is not determined to be life insurance.
General Insurance can be categorized. They’re Vehicle insurance, Health insurance, Home insurance, Accident insurance, Theft Insurance Property Insurance, Aviation insurance, Livestock insurance, Crop insurance and Fire insurance, Home or Property insurance, Renter’s Insurance, Auto insurance, Liability insurance, Accident benefits/bodily injury insurance, Business insurance, Commercial property insurance, Public liability insurance etc.
General Insurance Company List in Bangladesh
Top 10 general insurance company in Bangladesh
Here is the list of some top general insurance company in Bangladesh.
- Bangladesh General Insurance Co. Ltd.
- Continental Insurance Ltd.
- Express Insurance Ltd.
- Eastland Insurance Co. Ltd.
- Agrani Insurance Company Ltd.
- Asia Insurance Ltd.
- City General Insurance Company Ltd.
- Eastern General Insurance Company Ltd.
- Green Delta Insurance Co. Ltd.
- Islami Insurance Bangladesh Ltd.
- Janata Insurance Company Ltd.
- Prime Insurance Company Ltd.
- Bangladesh National Insurance Co.Ltd.
Insurance is mandatory for industries, it’s workers, public and private vehicles. There are also insurance policies available for very specific needs. Such as; kidnap, medical malpractice and professional liability insurance, also known as errors and omissions insurance. When choosing a policy, it is important to understand how Insurance works. Without knowing it properly we can not choose the right one. To select the best policy for you or your family, it is important to pay attention to the three critical components of most insurance policies—the deductible, premium, and policy limit.
Medical Insurance Companies in Bangladesh
In Bangladesh, only non-life insurers are permitted to offer standalone health insurance coverage.
Delta Life Insurance Co Ltd. provide Medical Insurance facilities.
Top 10 Insurance company in Bangladesh
If you want to know about top insurance company in Bangladesh, the list is given below-
- American Life Insurance Co.
- Jiban Bima Corporation.
- Delta Life Insurance Co Ltd.
- Popular Life Insurance Co Ltd.
- Meghna Life Insurance Co Ltd.
- Bangladesh General Insurance Co. Ltd.
- Agrani Insurance Company Ltd.
- Asia Insurance Ltd.
- Islami Insurance Bangladesh Ltd.
- Prime Insurance Company Ltd.
FAQ about Insurance Company in Bangladesh
How many insurance companies are there in Bangladesh?
Today in Bangladesh there are over 62 insurance companies who offers various screams.
How many foreign insurance company in Bangladesh?
There are one foreign insurance company in Bangladesh.
Both clients and agents can ask each other to make a deal permissible insurance law. It is very important to know the answers to these questions for the people. The frequent questions people ask are given below :
- How can a policyholder pay his or her premium from overseas?
- Is Policy bonus payable before maturity?
- Is it possible to transfer a policy in the name of another person?
- What is the benefit of doing car or bike insurance in Bangladesh?
- Why do I need travel insurance, while going abroad?
Now we should know about when people want an insurance policy, the company agent will ask them relevant questions. For example, the agent might ask them their name, age, gender, address, etc.
Besides, they also can ask some other questions. Those questions will be used to determine how likely they are to make a claim.
Likewise, there are so many questions.
To conclude the topic, Insurance is a risk management tool. It benefits the individual businesses. It also benefits the society and economy in many ways. Many Standard Corporate businesses have Group Insurance for their employees which helps them in case of their illness. So, we should know about insurance companies that can help us in our difficult situation of life.