Page 44 - Insurance Times February 2022

GREEN DELTA INSURANCE COMPANY& TRUST AXIATA PAY SIGN

AGREEMENT TO OFFERHEALTH INSURANCE PACKAGES FOR RETAIL

CUSTOMERS

Green Delta Insurance Company Limited and Trust Axiata Pay Limited have signed an agreement on 16 January 2022, which
would enable customers to access health insurance services very soon.

Under this partnership, Green Delta Insurance's exclusive micro-health insurance packages will be sold at a very competitive
price through the digital platform of TAP.This partnership will also enable parents can buy micro-health insurance products
for their families while paying tuition fees oftheir children through TAP. The packages will cover hospitalization, surgery and
accidental cashback with a reasonable premium. By removing the hassle of traveling distance and filling up numerous forms,
the initiative promises to benefit both service providers and end-users in multiple aspects.

At the MoU signing ceremony, Green Delta Insurance Company's Addl. Managing Director & Company Secretary-Syed
Moinuddin Ahmed, andHead of Digital Business- Md. Moniruzzaman Khan signed the agreement on behalf of GDIC, while
Dewan Nazmul Hasan -acting CEOof TAP, andShahjalal Uddin - Vice President, Head of Sales and Distribution, Commercial
ofTrust Axiata Pay,signed the agreement on behalf of their respective organizations. Other high officials and concerned
members from both organizations were also present at the agreement signing ceremony.

HDFC Life launches Systematic Retirement Plan

HDFC Life has launched HDFC Life Systematic Retirement Plan, an individual, group, non-participating, non-linked,
savings deferred annuity plan that systematically allows you to save for your retirement years. Insurance products
such as annuity ensure a guaranteed income for life thereby helping consumers to cover against this risk of longevity
of life. HDFC Life Systematic Retirement Plan offers individuals an opportunity to systematically save for a retirement
corpus over a period of time and thereafter enjoy a guaranteed lifelong income. The plan offers flexibility to choose
from two plan options - Life Annuity and Life Annuity with return of premiums. One can choose a premium payment
term of 5 to 15 years. He / she can choose the deferment period up to 15 years.

44 The Insurance Times, February 2022