National Life Insurance Co Ltd. formally started functioning on 23 April 1985 following formal approval of the Govt. It came into existence as the first private sector indigenous life insurer after a lengthy complicated process of preparatory work under the guidance & leadership of Alhaj M. Haider Chowdhury, the founder Chairman of the company. He was floated the company with three distinct & definite philosophies. In brief, the first one is to encourage & induce saving of the high/mid income population and especially of the low income & marginal group. The low income people usually face economic hardship for household food security & health problems at certain period of their life. Saving through insurance might provide them relief at odds & calamities. The second one is to create & provide employment opportunity for the illiterate/half literate/literate youth of the country. The third one is capital formation at national level for investment to develop dynamism at macro-economy.
The members of the Board of Directors imbued with the spirit of social service, which the company stands for, are leaders in other professions & business, such as finance, marketing and private enterprise. They are equipped with their specialized knowledge to run the company skillfully & maintain an unparallel position in the insurance arena.
As a service industry, the company is committed to personalized service to its valued customers and will justify their confidence by prudent and viable economic management and offering absolute security and favorable returns.
This company began operation with 11 staff with a head office covering few hundred sq. ft. of area at Segunbagicha, Dhaka; but today manpower enrollment has reached more than 100,000 staff with head offices at different locations of Motijheel Commercial Area of Dhaka covering several thousand sq, feet of floor area with several hundred branch & zonal offices all over the country. In a couple of years, hopefully & definitely, head office of the company, will shift to 'NLI Tower' -own high rise building at Kawranbazar, at a significant artery point of Dhaka metropolis. The company has also purchased plots & lands at different Divisional & District headquarters . In course of time, it will shift to own premises from the rented space gradually & make commercial utilization of the plots & lands.
The company has grown & developed massively & substantially over a period of about 20 years. It has earned name & fame along with premium for the services it provides to the policy holders. Since inception, it has focused on policy holders' satisfaction for the type, quality & timeliness of the services. The company has diversified its products to match customers' needs & preferences. Currently it provides multifarious life assurance products to cater the aspirations & needs as well as religious beliefs of the clients.
Address of National Life Insurance Co. Ltd
N.L.I. Tower, 54, Kazi Nazrul Islam Avenue,
Karwan Bazar, Dhaka-1215, Bangladesh
Phone : PABX-8158171, 8158189, 8158190.
79, Motijheel Commercial area,
Phone : PABX-9560241.
National Life Insurance Co. Ltd