Life and health insurance for ultra-poor households
Wednesday, 11 October 2023
Pragati Life Insurance Limited and the Ultra-Poor Graduation Programme (UPG) of BRAC have signed a MoU to jointly introduce a life and health insurance product for ultra-poor households. The agreement was signed by Md. Jalalul Azim, Chief Executive Officer of Pragati Life, and Palash K Das, Director of the UPG Programme of BRAC, at the BRAC Centre recently. Under this MoU, Pragati Life Insurance will provide life and health insurance coverage through a micro-insurance pilot project under the Alternative Distribution Channel (ADC) initiatives for the households involved in the UPG Programme of BRAC. Sajadul Haque, Head of ADC of Pragati Life, and Md Shahid Ullah, Head of Operations of the UPG Programme of BRAC, were present at the signing ceremony.