Brac University is the first among private universities in Bangladesh to offer to all its regular confirmed employees the benefit of Group Life and Medical Insurance policy.
Group Insurance is an appealing component to an Employee Benefits Program. It not only provides financial peace of mind for employees arising due to severe injury, illness or death, but can remove the potential for any moral or financial dilemmas for the employer also.
The provision of insurance cover can also assist with prompt treatment and rehabilitation of employees thus reducing costs for the business arising from lost productivity through absenteeism.
The premium of the life and medical insurance policy shall be paid in its entirety by Brac University.
Contract signed with Guardian Life Insurance Ltd
In this regard, Brac University has signed a contract with Guardian Life Insurance Ltd. The policy will be effective from February 1, 2019.
Brac University is committed to provide the maximum benefit to all its members.
Please follow link for details about the benefit package, rules and regulations and application forms in Bangla and English.