The New Nation - Internet Edition

The City Bank Limited recently signed an agreement with Pragati Life Insurance Ltd. at a simple ceremony held at the bank premises. Under the agreement, the customers of the monthly deposit product called 'City Projonmo will enjoy full insurance cover after undergoing a free medical up.

To elaborate, in the event of the death of parent/ guardian of the child in whose name City Projonmo account is maintained, the child will receive up to Tk. 59 lacks from insurance company.

The deal was signed by Shefaque Ahmed, Md & Actuary of Pragati Life Insurance Ltd. and Sohail R.K. Hussain, DMD (Business), of City Bank.