Guardian Life announced the launch of Guardian Cancer Care – the 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, FCA, 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.
Therefore, with cancer rates soaring globally, Guardian Cancer Care is a timely initiative by Guardian Life to financially safeguard individuals and their families whose lives and financial security can be dismantled in the aftermath of a critical illness such as cancer.
Guardian Cancer Care plan can be purchased from the official website of Easylife – Guardian Life's digital platform.
As per the terms of the Guardian Cancer Care plan, a lump sum benefit of up to Tk20 lakh will be paid to a policyholder in the event of early or major-stage cancer diagnosis for highly affordable yearly premiums starting from Tk150.
Furthermore, insurance premiums for the next three policy years will be waived in case a policyholder is diagnosed with Early-Stage Cancer.
At the event, Guardian Life's CEO, Sheikh Rakibul Karim, FCA said: “Guardian Life always strives to introduce world-class life and health insurance services in the Bangladesh market. Providing innovative and affordable solutions is always our utmost priority. Our affordable digital cancer care policy is another milestone in our journey.”
