Insurance can ensure financial resilience

In Bangladesh, the journey from policy to people is critical for building financial resilience. While we've made progress in financial inclusion, insurance penetration remains below 1.0 per cent of GDP-among the lowest in Asia. This leaves millions of households vulnerable to health emergencies, natural disasters and property losses.

Inclusive insurance can change this reality. When insurance products are simple, affordable, and powered by technology, they can reach farmers, informal workers and low-income families who are often excluded from traditional coverage. Global experiences show that inclusive insurance strengthens household resilience and supports national goals such as poverty reduction and economic stability.

However, policy frameworks alone are not enough. The real challenge lies in translating these policies into people-centered solutions. Awareness, trust, and innovative delivery models must be built at the community level so that protection becomes a reality-not just a policy ambition.

To achieve this, we must go the last mile. Only then will inclusive insurance help turn financial resilience from a distant policy goal into a lived reality for every Bangladeshi. This is essential for building a more secure and sustainable future.

Nasrin Ferdous

Insurance Professional

Non-Life (General) Insurance Sector

ferdousnasrin4@gmail.com