Guardian Life Brings Online Life Insurance to Bangladesh

Guardian Life Insurance Limited has introduced EasyLife, the first digital term life insurance in Bangladesh.

Coverage can be purchased completely online, either through the website or the MyGuardian app, in “15 minutes” and without the need of a medical exam. Guardian Life offers two plans – EasyLife Special, which offers no refund of premiums at maturity, and EasyLife Plus Special, which offers a full refund of premiums at maturity. After buying online, customers receive a confirmation via SMS and Email with the policy documents attached, and within 5 working days, a representative will personally deliver the policy documents.

Get a feel for the flow below:

“IDRA is always very concerned for the implementation of digital technology in the insurance sector and for the continuous development of the insurance services. This type of insurance is first in the insurance industry of Bangladesh and we are proud for being with this project during the inception. I am inviting you all to buy and experience EasyLife for the success of this modern insurance service.” Chairman of the Insurance Development and Regulatory Authority (IDRA), Md Shafiqur Rahman Patwary.