50 Best
Home/Bangladesh
๐Ÿ‡ง๐Ÿ‡ฉ

Best Health Insurance in Bangladesh

6 insurers ranked and reviewed ยท Updated May 2026

Sources:Insurance Development and Regulatory Authority (IDRA)Insurance News 24

Healthcare System Overview

Bangladesh has very low health insurance penetration (under 0.5%). The country relies heavily on out-of-pocket healthcare spending (~74% of total health expenditure). Health insurance is primarily offered as a rider on life insurance policies or through group corporate plans. Government social health protection schemes are in early stages, and microinsurance for low-income populations is growing through NGOs and mobile platforms.

#1

MetLife Bangladesh

MetLife Bangladesh / American Life Insurance Company

private2.0M members
92Score
IDRA: #1 Life Insurer by Premium(2024)
โ˜…โ˜…โ˜…โ˜…โ˜†4.2satisfactionFinancial strength: Global MetLife backing

Market Share

27.1% of life insurance market

Claim Settlement Ratio

97.79% (2024)

Total Claims Settled

Tk 2,895 crore (2024)

  • Industry-leading 97.79% claim settlement ratio
  • Part of global MetLife group
  • Comprehensive health riders on life policies
  • 70+ years of operating history in Bangladesh
#2

Green Delta Insurance Company Limited

Green Delta Insurance PLC

private500K members
82Score
Top Non-Life Insurer(2024)
โ˜…โ˜…โ˜…โ˜†โ˜†3.8satisfaction

Market Share

9.12% non-life market

Cashless Service

Yes, at network hospitals

Specialization

Corporate group health

  • Comprehensive health insurance with hospitalization, surgery, and outpatient coverage
  • Cashless services at network hospitals
  • Group health insurance specialization for corporates
  • World Economic Forum member
#3

National Life Insurance Company Limited

private500K members
80Score
#1 Local Life Insurer by Premium(2024)
โ˜…โ˜…โ˜…โ˜†โ˜†3.4satisfaction

Market Position

#1 local life insurer by premium

Product Range

Health, term life, endowment, pension

Distribution

Strong agent network

  • Largest domestic life insurer in Bangladesh
  • Health insurance as part of diverse product portfolio
  • Wide agent distribution network
  • Term life, endowment, and pension products alongside health
#4

Reliance Insurance Limited

private300K members
78Score
Top Non-Life Insurer by GPI(2024)
โ˜…โ˜…โ˜…โ˜†โ˜†3.6satisfaction

Market Share

7.63% non-life market

Market Position

#1 by gross premium income (2024)

Profitability

Strongest profit indicators among peers

  • Top non-life insurer by gross premium income
  • Strongest profit indicators among non-life peers
  • Growing health product portfolio
  • Part of broader general insurance offering
#5

Pragati Life Insurance Limited

private100K members
65Score
IDRA Regulated Insurer(2024)
โ˜…โ˜…โ˜…โ˜†โ˜†3.3satisfaction

Health Products

Dedicated standalone health plans

Micro Insurance

Available for lower-income groups

Maternity

Coverage included

  • Dedicated health insurance products (not just riders)
  • Maternity coverage included
  • Micro-insurance options for lower-income groups
  • Individual and corporate group health plans
#6

Delta Life Insurance Company Limited

private200K members
62Score
Micro-Insurance Pioneer(2024)
โ˜…โ˜…โ˜…โ˜†โ˜†3.2satisfaction

Micro Insurance

Pioneer since 1988 (Grameen Bima)

Rural Penetration

Strong

Product Range

Life, micro, group life, health

  • Pioneer of micro-insurance in Bangladesh (since 1988)
  • Strong rural penetration
  • Life, micro, group life, and health insurance products
  • Long history serving rural and low-income populations

About Health Insurance in Bangladesh

Bangladesh has very low health insurance penetration (under 0.5%). The country relies heavily on out-of-pocket healthcare spending (~74% of total health expenditure). Health insurance is primarily offered as a rider on life insurance policies or through group corporate plans. Government social health protection schemes are in early stages, and microinsurance for low-income populations is growing through NGOs and mobile platforms.

Our editorial team has evaluated and ranked the top 6 health insurers in Bangladesh based on editorial ratings from trusted sources, customer satisfaction, financial strength, and coverage quality. Rankings are updated regularly to reflect the latest market changes.

Affiliate Disclosure

Some links on this page are affiliate links. If you click through and purchase a plan, we may earn a commission at no extra cost to you. This helps us keep the site free and our reviews independent.