Beginner’s guide to Life insurance in Bangladesh
Introduction: Life insurance in Bangladesh In Bangladesh, life insurance is a popular way to financially protect oneself and one’s family. It is important to know the different types …
Education
Functions of Jiban Bima Corporation
Jiban Bima Corporation is the only state-run life insurance corporation in Bangladesh. The Jiban Bima Corporation (JBC) is the largest state-owned life insurance company in Bangladesh. It was …
Function of Sadharan Bima Corporation
Sadharan Bima Corporation is the only stated-run insurance and reinsurance company in Bangladesh. It has greet function in the development of the economy. The life insurance corporation has …
Ways and means for improvement and changes in the insurance sector of Bangladesh
Insurance plays an important role in a country’s economy. It forms an integral part of the financial sector. In countries around the world especially in the West insurance makes …
Functions and responsibilities of Surveyors and Loss Assessors
Introduction to Role of Surveyors: The smooth functioning of insurance as a risk management tool or risks transfer mechanism, the functional responsibilities of Surveyors and Loss Assessors are …
How to become an ACII (Associate of the Chartered Insurance Institute)
How to become an ACII (Associate of the Chartered Insurance Institute) ACII stands for Associateship of Chartered Insurance Institute. ACII and FCII are insurance qualifications offered by the …
Importance of Insurance Professional Qualifications
“Importance of Insurance Professional Qualification” Introduction We live in a world today where specialization in one’s field of work counts more than ever. It has become rather …
Importance of risk survey and loss assessment/adjustment in insurance
Importance of risk survey and loss assessment/adjustment in insurance Introduction Risk survey or loss assessment is a specialized class of job or task. A risk surveyor or a …
Can insurers help improve the fire safety standards in business premises?
As an insurance academician, I have long been pondering over the improvement of fire safety standards in the business premises in Bangladesh. I finally found out something special …
Why should businesses buy Loss of Profit (LOP) Insurance?
Loss of Profit (LOP) insurance comes under the category of pecuniary insurance as commonly known as Business Interruption Insurance. This insurance needs to be purchased separately/independently along with fire or …
Fire Loss Assessment – The Surveyors’ Roles
Fire Loss – Role and Responsibilities of Surveyors/Loss Assessors” Introduction Fire insurance is a common and one of the oldest forms of insurance. It comes under the category …
Duties and responsibilities of professional organizations having link with insurance
“Duties and responsibilities of professional organizations having link with insurance” There are various professional organizations namely, Credit Rating Agency, Audit Firm and Loss Surveyors etc. who matter when …
Can training make you an insurance professional?
“Importance of Training” Training is vital for an organization in today’s competitive business environment. It is said training makes a ready man or hand and it is so true. …
Pre-Inspection for Property Insurance Underwriting
“Importance of Pre-Inspection and Risk Management in property insurance” Pre-inspection of risk has an obvious advantage in property insurance especially in fire insurance underwriting. It may be considered as an …
Business Interruption Insurance
Definition of Business Interruption Insurance: Business Interruption Insurance (known as BI cover) is a type of insurance usually built in the industrial all risks insurance. BI covers the …