Chairman Hands Over 1.75 Crore Taka Claim Cheques

National Life Insurance PLC, the largest entity in Bangladesh’s insurance sector, demonstrated its financial strength and commitment to policyholders by settling claims worth 1.75 Crore BDT. The disbursement took place on 27 December 2025 during the company’s year-end review summit at Dream Holiday Park in Narsingdi. Chairman Tofazzal Hossain, acting as the chief guest, personally distributed the cheques to beneficiaries, highlighting a new era of transparency and efficiency for the firm.

The event, chaired by Chief Executive Officer Md. Kazim Uddin, was attended by approximately 6,000 development officers from the Sylhet, Brahmanbaria, and Narsingdi regions. This massive assembly served as both a strategic audit of the 2025 fiscal year and a launchpad for the company’s upcoming global initiatives.

National Life Performance and Strategic Roadmap

Operational MetricCurrent AchievementFuture Strategic Goal
Total Insured Population7.2 Million IndividualsSaturation of all 68,000 villages
Claim Settlement TimeUnder 60 MinutesInstant Digital Transfers
Regional Workforce6,000 Officers (at summit)International Talent Acquisition
Aggregate Event Payout1.75 Crore BDTScaling Trust-Based Payouts
Expansion StatusDomestic LeaderOperations in Global Markets

Addressing the gathered officers, Chairman Tofazzal Hossain lauded the “exceptional professionalism and training” of the staff, noting that their dedication has significantly enhanced the company’s public reputation. He announced that National Life is now poised to venture beyond domestic borders, with plans to establish operations in international territories. He urged all personnel to remain diligent in collecting renewal premiums, which he described as the backbone of the company’s financial stability.

CEO Md. Kazim Uddin reflected on the commercial milestones achieved over the past five years, noting that the firm has successfully brought 7.2 million people under its protective shield. He highlighted that the company’s “fortified financial base” allows for a revolutionary one-hour claim settlement period, a feat that has rebranded insurance from an overlooked industry into a premier career choice for the nation’s youth.

The summit concluded with a unified pledge from the leadership—including Deputy Managing Directors Probir Chandra Das FCA and Md. Abul Kashem—to ensure that National Life’s protective services reach every single household in Bangladesh within the next five years.

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