Process to implement Bangabandhu Education Insurance begins

Sunday, 19 September 2021

The government is going to introduce 'Bangabandhu Education Insurance' for the welfare of the students of the country.

Bangladesh Bank in a circular issued on Sunday said that the implementation of the 'Bangabandhu Education Insurance' has started with the overall cooperation of the Insurance Development and Regulatory Authority (IDRA), reports BSS.

The Jiban Bima Corporation will act as the insurer, the central bank said.

The insurance scheme will be implemented showing respect to Bangabandhu Sheikh Mujibur Rahman on the occasion of the 'Mujib Year'.

The financial transactions of the insurance scheme will be done through the school banking account of the students.

There will be no service charge for the transactions.