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Protective Islami Life Insurance
Bangladesh
13 Jul 2013 (12 Years)
Last online: No recent activity
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Protective Islami Life Insurance
Company Information
Get to know Protective Islami Life Insurance
Protective Islami Life Insurance provides financial support to the employee and/or family in case of catastrophic events like death, disability, or disease. The plan covers the risk of death of an insured employee anywhere due to any cause other than suicide in the first year of coverage for an insured employee and AIDS, for an amount called the Sum Assured.
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- Financial InsurancePRIMARY
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