Top 10 life insurance company in Bangladesh
If the policyholder passes away, the insurance company provides a lump-sum payment to the beneficiaries, helping them manage living expenses, debts, or other financial obligations. Life insurance also supports planning for long-term goals such as children’s education, marriage, or purchasing a home.
Many policies—like endowment, money-back, or ULIPs—combine life coverage with a savings or investment component, allowing you to build a financial corpus that you receive if you survive the policy term. Additionally, premiums paid for life insurance in Bangladesh may be eligible for tax deductions, and death or maturity benefits often receive favorable tax treatment.
Top 10 life insurance company in Bangladesh
SL | Company in Bangladesh |
1. | MetLife Bangladesh |
2. | National Life Insurance Company Ltd. |
3. | Delta Life Insurance Company Ltd. |
4. | Guardian Life Insurance Ltd |
5. | Pragati Life Insurance Ltd |
6. | Popular Life Insurance Company Ltd |
7. | Meghna Life Insurance Company Ltd |
8. | Fareast Islami Life Insurance Company Ltd. |
9. | Padma Islami Life Insurance Company Ltd. |
10. | Sandhani Life Insurance Company Ltd |
MetLife Bangladesh

MetLife Bangladesh provides a variety of life insurance options aimed at ensuring financial stability and tranquility:
- Term Life Insurance – Offers coverage for a designated time frame, disbursing a death benefit to the designated beneficiaries if the insured individual dies within that period.
- Whole Life Insurance – Provides ongoing coverage throughout one’s life and includes the benefit of building cash value over time.
- Endowment Plans – Merges life insurance with a savings aspect, delivering a lump sum either after a specified duration or upon the policyholder’s death.
- Education Protection Plans – Guarantees financial resources for children’s educational needs, safeguarding their future in academics.
- Retirement Plans – Assists individuals in preparing financially for retirement, ensuring a consistent income during their later years.
- Takaful Plans – Serves as Shariah-compliant insurance, catering to customers in search of Islamic insurance alternatives.
National Life Insurance Company Ltd.
National Life Insurance Company Ltd. stands out as a prominent life insurance firm in the private sector of Bangladesh. Founded in 1985, this organization has experienced significant expansion over the last forty years, presenting a wide array of life insurance options to meet the various requirements, choices, and faiths of its customers.
- Individual Life Insurance – Includes endowment, anticipated endowment, five-payment endowment, double protection endowment, and pension plans.
- Child Protection Plans – Assurance cum pension and child education security plans to secure a child’s future.
- Group Life Insurance – Customized plans for organizations and institutions to protect employees.
- Islamic Takaful – Shariah-compliant insurance solutions for customers seeking Islamic insurance.
- Personal Accidental Insurance – Provides coverage for accidental injuries and accidental death.
- Janabima – Specialized plans catering to the unique needs of specific communities.
National Life Insurance – Financial Highlights
- Claim Payments: Over BDT 11,668 crore
- Claim Success Rate: 98%
- Quality Security Rate: 98%
- Employees: Around 4,606
- Life Fund: Exceeds BDT 6,198 crore
- Customer Satisfaction Rate: 94%
- Revenue (2023): BDT 22.41 billion
- Net Income (2023): BDT 5.42 billion
Delta Life Insurance Company Ltd.

Delta Life Insurance Company Ltd. stands out as a prominent private life insurance provider in Bangladesh, founded on December 17, 1986. It was the pioneering firm in the nation to launch micro-insurance with its Gono-Grameen Bima initiative in 1988, greatly enhancing insurance availability in rural communities.
Insurance Products
- Ordinary Life Insurance: Includes endowment, anticipated endowment, and pension plans
- Group Health Insurance: Health coverage for groups
- Overseas Mediclaim Policy: Insurance for individuals traveling abroad
- Gono-Grameen Bima: Micro-insurance scheme targeting rural populations
- Group Life Insurance: Coverage for employees of organizations
- Individual Life Insurance: Tailored plans for urban and suburban clients
Delta Life Insurance – Financial Highlights (2024)
- First Year Premium: BDT 182.11 crore
- Group Life Insurance Premium: BDT 39.72 crore
- Group Health Insurance Premium: BDT 38.00 crore
- Gross Premium: BDT 948.31 crore
- Renewal Premium: BDT 688.48 crore
- Investment & Other Income: BDT 351.66 crore
Guardian Life Insurance Ltd
Guardian Life Insurance Limited began its activities on January 1, 2014, dedicated to delivering reliable and creative insurance options for the citizens of Bangladesh. The organization is based in Dhaka and has developed a significant foothold in the insurance sector.
Insurance Products
- Term Life Insurance: Provides financial protection for a specified period.
- Endowment Plans: Combines life coverage with a savings plan.
- Pension Plans: Ensures a steady income post-retirement.
- Health Insurance: Covers medical expenses for policyholders.
- Whole Life Insurance: Offers lifelong coverage with an investment component.
- Child Education Plans: Secures funds for children’s education.
- Islamic Takaful Plans: Shariah-compliant insurance solutions.
Financial Highlights (2024)
As of the end of December 2024, Guardian Life Insurance Limited announced a remarkable achievement, exceeding an operating income that topped $2.4 billion, setting a new peak for the organization. Furthermore, it upheld a capital amount exceeding $11 billion, fueled by strong investment yields, effective underwriting practices, and careful management of expenditures.
Popular Life Insurance Company Ltd
Popular Life Insurance Company Ltd. is a well-known private life insurance provider in Bangladesh, founded in the year 2000 and listed on the stock exchange since 2005. The organization provides an extensive selection of life insurance offerings, such as endowment policies, retirement plans, educational plans for children, Hajj Bima, and products aimed at micro-insurance.
Product Portfolio
- Endowment Plans: Traditional savings and protection plans.
- Pension Plans: Retirement-focused financial security.
- Child Education Plans: Securing funds for children’s education.
- Hajj Bima: Insurance coverage for Hajj pilgrims.
- Micro-Insurance Products: Affordable coverage options for low-income individuals.
- Double Payment Single Premium Policy: Unique policy offering dual benefits.
- Mohorana Bima: Insurance coverage for marriage-related expenses.
- Biennial Plans: Insurance plans with a two-year payment structure.
Financial Highlights (2022)
- Premium Income: BDT 675.74 million
- Life Fund: BDT 1,685.27 million
- Total Assets: BDT 2,254.37 million
- Investments: BDT 1,662.88 million
- Credit Rating: AAA (long-term)