Cell phone insurance plans in Bangladesh

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Cell phone insurance plans

 

Cell phone insurance plans
cell insurance

Bangladesh's insurance industry is underdeveloped. Life and non-life insurers number 66. Under 1% of the market is penetrated. Comparatively, this is modest. This may change soon. Bangladesh's middle-class is increasing. Per-capita income is $1751. Before, it was a little amount. Many anticipate it will hit $2000 by 2020. Bangladesh's GDP has grown by 6%+ for eight successive years. As awareness and disposable money rise, insurance will be popular in Bangladesh. On 13 September 2018, Green Delta Insurance introduced Digital Insurance. First-of-its-kind insurance product in Bangladesh seeks to give seamless insurance experience. It's spent considerably in internal infrastructure and technology to improve user experience. Green Delta Insurance clients may now purchase Travel, Motor, and Personal Accident Policies online and pay premiums digitally. The technique is straightforward. Green Delta Insurance's website lets you choose a policy, fill out paperwork, and pay using a card or digital payment instrument. After paying, you'll get your insurance by email and in print a few days later. Bangladesh's mobile phone and internet penetration have skyrocketed. 80 million people use the internet and 10 million use smartphones. Digital Insurance from Green Delta may transform how Bangladeshis purchase and insure.

 

bKash | Mobile payment and banking services

 

Consumer mobile banking and payments. It can transfer money, recharge mobile phones, and pay bills. Users may phone a number to begin a transaction, then enter the bKash account and amount. The recipient may cash out at agent sites, partner locations, and ATMs.

 

SureCash | Mobile wallet

 

SureCash is a pre-paid, reloadable mobile wallet that lets users pay bills, send money, and more. Users must visit an agent location to top up and withdraw wallet balance. SureCash works with 6 local banks, 5 microfinance institutions, 300 payment partners, and 35,000 retail agents to serve 700,000 consumers. Progoti Systems offers SureCash.

 

iFarmer | Financing and consultancy services for agri-inputs

 

Financing and consulting for agri-inputs. It's a full-stack agri-tech firm that gives smallholder farmers credit, inputs, agronomic advice, and market access. It offers money, high-quality inputs, agronomic advice, and market access to smallholder farmers.

 

PayWell - Consumer online bill pay

 

PayWell offers an online bill paying tool for users. It offers cellphone recharge, energy, water, gas, transport tickets, internet & DTH bills, e-commerce, and more. POS terminal, Android app, and online portal are used to access its services.

 

Dana | SaaS Lending

 

Leas Platform. It allows banks and financial organizations to provide digital financing to clients. It offers digital onboarding, unique credit rating for people and farms, and more. It also offers a point-of-sale financing solution that allows users to pay in monthly instalments at partnered merchants.

 

GoRiseMe - Nonprofit online crowdfunding

 

Nonprofit crowd funding website. Users may collect money for education, environment, health, hunger, orphans, etc. It's on Google Play and iTunes.

 

Aamartaka | Online loan, credit card, and insurance comparison

 

Compare loans, credit cards, and insurance online. Consumers may compare personal, vehicle, and house loans, credit cards, and auto insurance. Offers fixed deposits, DPS, monthly benefits, savings accounts, etc.

 

Nagad | Business digital banking developer

 

Business digital banking developer. It provides a banking app wallet. It provides savings accounts, money transfers, bill payments (online or offline), mobile and DTH recharges. Credit/debit cards are accepted. iOS and Android have the app.

 

Bangla Wallet | Cryptocurrency exchange

 

Banglawalletbd trades crypto currency. Buys and sells digital assets across encrypted networks. Supports bitcoin, ethereum, perfect money, etc. Gives the trader updated price listings.

 

Bima

 

Bima, the pioneer in mobile-delivered insurance in developing economies, has partnered with Robi Axiata, the second biggest mobile network operator in Bangladesh, to sell Bima Life Insurance through mobile phones starting July 2012. Bima Life Insurance is free to Robi prepaid cellphone users who spend a minimum amount on airtime. Spending $3.20 per month on airtime might win a consumer $650 in free life insurance benefits. Bima and Robi's project has gained about 4.5 million subscribers in 20 months and is growing.


Maryam Saeed Dogar

 

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