Sarathi, Guardian Life Insurance sign MoU

To improve access to regular healthcare for the low-income population, 'Sarathi- Improving Financial Health', a project co-funded by Swisscontact and MetLife Foundation, has partnered with Guardian Life Insurance Limited, the biggest life insurer of Bangladesh in terms of life coverage, says a press release.
Bipasha S Hossain, team leader of Sarathi, Swisscontact Bangladesh and Yeasin Arafat, ex-head of Digital Channel & ADC, Guardian Life, signed a memorandum of understanding (MoU) in presence of the Sarathi team and representatives from Guardian Life Insurance Limited recently.
Out-of-pocket healthcare expenditure for Bangladesh was reported to be 72.7 per cent by the World Bank in 2019.
The collaboration will usher in access to affordable health and life-embedded insurance products for ready-made garment (RMG) workers which will concurrently promote savings.
The upcoming product includes innovative features such as 24/7 telemedicine and live hospicash benefits alongside outpatient department (OPD) services.