GLI introduces digital insurance plan for cancer treatment

Business Desk :
Guardian Life Insurance (GLI) announced the launch of Guardian Cancer Care, country’s first-ever digital insurance plan for cancer treatment. The launching ceremony was held at the National Press Club where Guardian Life’s CEO, Sheikh Rakibul Karim, in the presence of the senior officials and employees of the company, introduced the breakthrough insurance product to the press. Quamrul Hasan, life member of the Insurance Development and Regulatory Authority (IDRA), Najmus Ahmed Albab, founder of Bangladesh Cancer Aid Trust (BANCAT) and Mahzabin Ferdous, general secretary of BANCAT attended the event as special guests. At present, there is no low-cost solution for cancer care in Bangladesh. National Cancer Research Institute reports an average cancer patient spends over Tk639,000 a year in the pursuit of recovery. Needless to mention, the exorbitant costs incurred from the medical consultation, surgery, therapeutic procedures and medications of cancer patients emerge as a catastrophic financial blow upon most families within our developing economy.