Jiban Bima Corporation (JBC) is a prominent state-owned life insurance company in Bangladesh. Established to provide comprehensive life insurance services, JBC has a significant role in the country’s insurance sector. Here are key points about JBC:
Overview
- Foundation: Jiban Bima Corporation was established in 1973, following the nationalization of the insurance industry in Bangladesh.
- Ownership: It is entirely owned by the Government of Bangladesh.
- Objective: JBC aims to provide life insurance products to individuals and groups, offering financial security and support in times of need.
- Services: The corporation offers a variety of life insurance policies, including endowment policies, whole life policies, group insurance, and other tailor-made insurance solutions to meet diverse customer needs.
Operations
- Products: JBC’s product portfolio includes individual life insurance plans, group life insurance schemes, and various savings and investment-linked insurance policies.
- Customer Base: Serving millions of policyholders, JBC has established a vast network of branches and agents across the country to ensure accessibility and efficient service delivery.
- Corporate Governance: Managed by a board of directors appointed by the government, JBC operates with a focus on transparency, accountability, and customer satisfaction.
Location
- Head Office: The main office of Jiban Bima Corporation is located in Dhaka, the capital city of Bangladesh.
- Address: Jiban Bima Bhaban, 10, Dilkusha Commercial Area, Dhaka-1000, Bangladesh.
- Contact Information:
- Phone: +880-2-9566153
- Fax: +880-2-9565178
- Email: info@jbc.gov.bd
- Website: Jiban Bima Corporation
Branches
JBC has an extensive network of branches throughout Bangladesh, ensuring that their services reach customers in both urban and rural areas. These branches facilitate the distribution of their insurance products and provide customer support and claim services.
Significance
- Economic Impact: Jiban Bima Corporation plays a crucial role in the financial sector of Bangladesh, contributing to the national economy by promoting savings and providing financial protection to families.
- Social Responsibility: JBC is also involved in various social initiatives and programs aimed at improving the well-being of the community, such as health camps and educational programs about financial literacy.
For more detailed and up-to-date information, visiting their official website or directly contacting their head office would be advisable.
