Guardian Life settles Tk 523.41cr in insurance claims in 9 months

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Guardian Life settles Tk 523.41cr in insurance claims in 9 months

Guardian Life Insurance Limited settled 211,597 insurance claims during the first nine months of 2026, paying out a total of Tk 523.41 crore to policyholders and beneficiaries.

The company said it processed the claims between January and September, demonstrating its commitment to timely settlements and ensuring customers receive their entitled policy benefits.

Of the total amount paid, Tk 235.45 crore was disbursed against 170,675 health insurance claims, while Tk 257.32 crore was paid for 34,939 death-related claims.

The remaining Tk 30.64 crore was settled against 5,983 claims involving policy maturity and other benefits.

Commenting on the performance, Guardian Life Insurance Chief Executive Officer Sheikh Rakibul Karim, FCA, said every insurance claim represents an important moment in the life of an individual or family.

He said timely claim settlement was particularly important in supporting families after the loss of a loved one, helping customers meet medical expenses and ensuring policyholders receive maturity benefits when due.

The company remains committed to making the claims process simpler, faster and more reliable so that customers can access their entitled benefits without unnecessary delays, he added.

Guardian Life has also been using modern digital technology to streamline its claims settlement process. Its fully paperless operations and simplified procedures have reduced paperwork and processing time, making claim settlements more convenient for customers.

Through technology-driven services and timely payments, the insurer aims to ensure that policyholders and nominees receive financial protection when they need it most.

 

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