‘Sarathi- Bettering Monetary Well being’ signed a Memorandum of Understanding (MoU) with Guardian Life Insurance coverage Restricted (GLIL) to facilitate entry to a personalized well being and life-embedded insurance coverage product for 18,000 ready-made garment (RMG) employees and their group members inside November 2022.
Out-of-pocket healthcare expenditure for Bangladesh was reported to be 72.7% by the World Financial institution in 2019.
To enhance entry to common healthcare for the low-income inhabitants, ‘Sarathi- Bettering Monetary Well being’, a venture co-funded by Swisscontact & MetLife Basis, has partnered with Guardian Life Insurance coverage Restricted, the largest life insurer of Bangladesh by way of life protection, learn a media launch.
Just lately, The MoU was signed by Bipasha S. Hossain, Crew Chief, Sarathi, Swisscontact Bangladesh, and Yeasin Arafat, Ex-Head of Digital Channel & ADC, Guardian Life on this regard, within the presence of the Sarathi staff and representatives from Guardian Life Insurance coverage Ltd.
The collaboration will usher in entry to reasonably priced well being and life-embedded insurance coverage merchandise for ready-made garment (RMG) employees which can concurrently promote financial savings.
The upcoming product consists of modern options akin to 24/7 telemedicine and stay hospicash advantages alongside outpatient division (OPD) companies. The options, together with life insurance coverage, are overseas to a majority of RMG employees and their group members. So, the initiative may also deal with educating them about the advantages of standard healthcare and life insurance coverage.