Introduction of insurance to ailing, disaster prone, burn injured stressed
Chattogam Bureau :
Information Minister Dr Hasan Mahmud said present govtt has been working hard to turn the country into a social welfare state with its mammoth development activities. “Keeping this in view the government has sanctioned 13.81 percent in the present budget for widening social safety net with a view to turn the country into social welfare state like continental Europe and developed countries,” the minister said.
Dr Hasan said a total of 125 programs have already been brought under social safety net. The Minister said this while inaugurating a two day long 3rd insurance fair at Chittagong’s MA Aziz stadium Gymnasium premises Friday afternoon.
He said the country’s GDP in insurance sector is 0.67 percent, 4.1 percent in India while Europe and other developed countries is 10 percent. Dr Hasan Mahmud said there is 100 percent health insurance in Europe while the percentage in Bangladesh is .001 percent.
Information Minister underscored the need for introducing health insurance for extending support to the ailing, disaster prone and burn injured persons particularly for the low and middle class earner. He urged the insurance companies to introduce life insurance for the drivers and group insurance for the workers in mills and factories as industrial sectors has exceeded agriculture sector.
“There are some allegations in nonpayment of insurance claim by a few insurance companies and they must regain the people’s trust and dependability in the sectors in order to strive ahead,” said Information minister.
Dr Hasan said there are negative impacts in insurance sectors due to some companies and if this practice is stopped, Bangladesh will exceed India.
. Earlier, the Minister went round different stalls in the fair. Mohammad Shafiqur Rahman Patwary, Chairman of Insurance Development and Regulatory authority presided over the inaugural function. Ashadul Islam, secretary financial institution division, Chairman of Jibon Bima Corporation Selena Afraj and Commissioner of Chattogram Division, Abdul Mannan among others addressed the function.
Information Minister Dr Hasan Mahmud said present govtt has been working hard to turn the country into a social welfare state with its mammoth development activities. “Keeping this in view the government has sanctioned 13.81 percent in the present budget for widening social safety net with a view to turn the country into social welfare state like continental Europe and developed countries,” the minister said.
Dr Hasan said a total of 125 programs have already been brought under social safety net. The Minister said this while inaugurating a two day long 3rd insurance fair at Chittagong’s MA Aziz stadium Gymnasium premises Friday afternoon.
He said the country’s GDP in insurance sector is 0.67 percent, 4.1 percent in India while Europe and other developed countries is 10 percent. Dr Hasan Mahmud said there is 100 percent health insurance in Europe while the percentage in Bangladesh is .001 percent.
Information Minister underscored the need for introducing health insurance for extending support to the ailing, disaster prone and burn injured persons particularly for the low and middle class earner. He urged the insurance companies to introduce life insurance for the drivers and group insurance for the workers in mills and factories as industrial sectors has exceeded agriculture sector.
“There are some allegations in nonpayment of insurance claim by a few insurance companies and they must regain the people’s trust and dependability in the sectors in order to strive ahead,” said Information minister.
Dr Hasan said there are negative impacts in insurance sectors due to some companies and if this practice is stopped, Bangladesh will exceed India.
. Earlier, the Minister went round different stalls in the fair. Mohammad Shafiqur Rahman Patwary, Chairman of Insurance Development and Regulatory authority presided over the inaugural function. Ashadul Islam, secretary financial institution division, Chairman of Jibon Bima Corporation Selena Afraj and Commissioner of Chattogram Division, Abdul Mannan among others addressed the function.