Daffodil International University (DIU) has signed a Memorandum of Understanding (MoU) with Pragati Life Insurance Limited on Tuesday in order to ensure secured and risk-free quality higher education for the students.
DIU Treasurer Mr Mominul Haque Majumder and Deputy Managing Director of the company Md Rafiqul Alam Bhuiyan signed the agreement on behalf of their respective organisations, said a press release on Wednesday.
Under this agreement, all the students of the university will be brought under risk coverage like death benefit, survival benefit, and supplementary coverage through Group Life Insurance.
DIU Acting Vice-Chancellor Prof Dr SM Mahbub Ul Haque Majumder; Registrar Prof Dr Engineer AKM Fazlul Hoque; Senior Assistant Directors Mr Rezaul Karim Masud, Mr Rasel Prodhania; Accounts Officer Mr Zonador Rahman, and DGM of Pragati Life Insurance Ltd Mr Syed Hasan were present on the occasion.
Earlier in 2016, DIU signed an agreement with Prime Islami Life Insurance Limited regarding this issue for 4 years tenure.