MetLife Bangladesh has signed an agreement to provide group insurance services to North South University - one of the leading private universities of Bangladesh, states a press release.
Group Life insurance enables organizations to provide financial support to their employees against death and accidental disability through customized solutions, and through this agreement, the more than 950 faculty members and employees of North South University will have life and accidental insurance coverage.
More than 800 organizations in different sectors including educational institutions in Bangladesh take advantage of MetLife's long standing experience of providing customized, world-class insurance services. As the leading life insurance company in the country, MetLife also serves over 1 million individual customers.
Established in 1992, North South University is the first private university in Bangladesh. In addition to being one of the leading institutes for higher education in Bangladesh, North South University also holds a number of international rankings.
Ala Ahmad, General Manager of MetLife Bangladesh said, "Group insurance solutions enable organizations to stand beside employees and their families at their time of need. We are proud to be extending our world class insurance protection to North South University faculty and employees as they collectively contribute to building a stronger nation through education."
Professor Atiqul Islam, Vice-Chancellor of North South University, commented, "Providing financial protection through customized and international standard insurance helps an organization demonstrate that it truly cares for its people, and at the same time it also differentiates the organization from other employers. The importance of having financial protection has intensified during the COVID-19 pandemic, and we are very happy to work with MetLife in providing life and accidental insurance coverage to our faculty members and employees."
Ala Ahmad, Professor Atiqul Islam, and other faculty members and senior officials of both the organizations were present at the virtual signing ceremony.