When it comes to protecting our assets and securing our future, insurance plays a vital role. In Bangladesh, Several general insurance companies provide non-life insurance coverage to protect individuals and businesses from unexpected risks.
Whether it’s your property, vehicle, or business, these companies are dedicated to providing reliable and comprehensive insurance solutions. In this article, we will explore the top general insurance companies in Bangladesh to ensure you find the right coverage to protect what matters most.
Non-Life Insurance Companies in Bangladesh
According to IDRA, there are 46 general insurance companies in Bangladesh. Here is a comprehensive list of general insurance companies in Bangladesh, offering a range of coverage options to protect you and your assets:
| Serial | Company/Corporation Name | Website |
|---|---|---|
| 1 | Agrani Insurance Company Limited | www.agraniinsurance.com |
| 2 | Asia Insurance Limited | www.asiainsurancebd.com |
| 3 | Asia Pacific General Insurance Company Limited | www.apgicl.com |
| 4 | Bangladesh Co-Operative Insurance Limited | www.bdcoopins.com.bd |
| 5 | Bangladesh General Insurance Company Limited | www.bgicinsure.com |
| 6 | Bangladesh National Insurance Company Limited | www.bnicl.net |
| 7 | Central Insurance Company Limited | www.cicl-bd.com |
| 8 | City General Insurance Company Limited | www.cityinsurance.com.bd |
| 9 | Continental Insurance Limited | www.cilbd.com |
| 10 | Crystal Insurance Company Limited | www.ciclbd.com |
| 11 | Desh General Insurance Company Limited | www.deshinsurancebd.com |
| 12 | Dhaka Insurance Limited | https://dhakainsurancebd.com/ |
| 13 | Eastern Insurance Company Limited | www.easterninsurancebd.com |
| 14 | Eastland Insurance Company Limited | www.eastlandinsurance.com |
| 15 | Express Insurance Limited | www.eilbd.com |
| 16 | Federal Insurance Company Limited | www.federalinsubd.com |
| 17 | Global Insurance Limited | www.globalinsurancebd.com |
| 18 | Green Delta Insurance Company Limited | www.green-delta.com |
| 19 | Islamic Commercial Insurance Company Limited | www.islamicommercialinsurance.com |
| 20 | Islami Insurance Bangladesh Limited | www.islamiinsurance.com |
| 21 | Janata Insurance Company Limited | www.janatainsurance.com |
| 22 | Karnaphuli Insurance Company Limited | www.kiclbd.com |
| 23 | Meghna Insurance Company Limited | www.micl.com.bd |
| 24 | Mercantile Insurance Company Limited | www.mercantileins.com |
| 25 | Nitol Insurance Company Limited | www.nitolinsurance.com |
| 26 | Northern Islami Insurance Limited | https://niil.com.bd/ |
| 27 | Paramount Insurance Company Limited | www.paramountinsurancebd.com |
| 28 | Peoples Insurance Company Limited | www.peoplesinsurancebd.com |
| 29 | Phoenix Insurance Company Limited | www.phoenixinsurance.com.bd |
| 30 | Pioneer Insurance Company Limited | www.pioneerinsurance.com.bd |
| 31 | Pragati Insurance Limited | www.pragatiinsurance.com |
| 32 | Prime Insurance Company Limited | www.prime-insurance.net |
| 33 | Provati Insurance Company Limited | www.provati-insurance.com |
| 34 | Purabi General Insurance Company Limited | www.purabiinsurance.org |
| 35 | Reliance Insurance Limited | www.reliance.com.bd |
| 36 | Republic Insurance Company Limited | www.riclbd.com |
| 37 | Rupali Insurance Company Limited | www.rupaliinsurance.com |
| 38 | Sadharan Bima Corporation | www.sbc.gov.bd |
| 39 | Sena Kalyan Insurance Company Limited | www.senakalyanicl.com |
| 40 | Sikder Insurance Company Limited | www.sikderinsurance.com |
| 41 | Sonar Bangla Insurance Limited | www.sonarbanglainsurance.com |
| 42 | South Asia Insurance Company Limited | www.southasiainsurance.com |
| 43 | Standard Insurance Limited | www.standardinsurance.com.bd |
| 44 | Takaful Islami Insurance Limited | www.takaful.com.bd |
| 45 | Union Insurance Company Limited | www.unioninsurancebd.com |
| 46 | United Insurance Company Limited | www.unitedinsurance.com.bd |
Please note that this list may not be exhaustive as the insurance industry is dynamic and new companies may enter the market. We recommend that you visit their websites or contact the Insurance Development and Regulatory Authority (IDRA) for the latest information on non-life insurance companies in Bangladesh.
How do I choose the Right Insurance Company?
When selecting an insurance company, there are essential factors to consider:
Coverage Options
Look for a company that offers a wide range of coverage options to suit your specific needs. Whether it’s property, vehicle, health, or travel insurance, having a diverse portfolio allows you to find the perfect protection.
Customer Reviews and Reputation
Check customer reviews and the company’s reputation to gauge their reliability and customer satisfaction. Positive feedback and a good reputation indicate a trustworthy insurer.
Claim Settlement Process
A quick and hassle-free claim settlement process is crucial during emergencies. Choose a company with a smooth and efficient claims procedure.
Financial Stability
Ensure the insurance provider is financially stable to meet their commitments in the event of a claim. Look for companies with a strong financial background.
Customer Service
Excellent customer service is essential for a smooth insurance experience. Choose a company with friendly and responsive customer support.
Frequently Asked Questions (FAQs)
What is non-life insurance?
Non-life insurance, also known as general insurance, provides coverage for assets and liabilities other than human life. It includes property, vehicle, health, and travel insurance, among others.
What is a General insurance company?
Life insurance and general insurance are two different forms of insurance. General insurance covers any other risk except for the life risk of the person injured.
How can I purchase insurance from these companies?
You can buy insurance from these companies through their websites, branch offices, or authorized agents. Online purchase options are also available for convenience.
Are these insurance companies regulated by the government?
Yes, The Insurance Development and Regulatory Authority (IDRA) regulates and supervises all insurance companies in Bangladesh.