Choose the best Health Insurance Plan
for Yourself and your Family

Compare upto 3 plans
Compare upto 3 plans
Compare upto 3 plans
Coverage Summary

What is health insurance?

Health insurance is a type of insurance policy that provides financial coverage against illness, diseases, and accident-related treatments. That means the insured person can get medical expense reimbursement or fixed cash benefit (based on the type of insurance policy) for treatments received due to the medical conditions.

The usage of health insurance is quite new in Bangladesh and most of the insurance companies in Bangladesh do not offer retail health insurance products to individual persons. Rather, insurance companies offer group health insurance plans to enterprises and corporates for their employees and workforce. For this reason, access to health insurance plans is still difficult for the mass people of Bangladesh. Bimafy is working with selected insurance companies to make health insurance easy and accessible for everyone. Bimafy offers different types of health insurance plans on its platform for you to choose from. 

Why does everyone need a health insurance policy?

Everyone should have a health insurance policy, because:

  • Health insurance provides coverage against unexpected illness or accidental injuries so that you can better manage your financial situation in case of an emergency hospitalization or treatment
  • Health insurance helps you to afford better healthcare services as you have the financial independence to seek quality healthcare services
  • Health insurance provides peace of mind as you are covered against unexpected situations and do not need to worry about spending your savings for treatment purposes

Types of health insurance policies available in Bangladesh

Regardless of the scarcity of up-to-date health insurance coverage and plans, there are 3 types of health insurance products/plans available in our country as per the following:

Hospital Reimbursement Plans

Hospital reimbursement plans are the most commonly used health insurance coverage used by enterprises/corporates for their employees and workforce. These plans usually come with a yearly total coverage (sum-insured) amount up to which the policyholder or insured person can claim back the medical expenses incurred due to hospitalization. Sometimes, these plans come with bundled life insurance coverage and OPD (out-patient department services) coverage so that you can have peace of mind in case of any mishaps.

For example, if a reimbursement plan provides BDT. 50,000 yearly coverage for hospital treatment, and you had to spend BDT. 35,000 in total for an in-patient hospital treatment, then the insurance company shall provide up to BDT. 35,000 as reimbursement against the claim. Some expenses may be excluded from the coverage on your policy and those bills will not be paid back by the insurance company. So, check the policy wording, coverage limits, and exclusions properly before buying a health insurance plan.

An important note to consider here is that reimbursement policies give back the medical expenses (subject to exclusion and deductibles) as per the hospital bill and you need to properly collect and preserve the medical documents and bills at the time of discharge to submit an insurance claim.

Hospital Cash Plans

Hospital cash plans or simply, “hospicash” plans are a more straightforward type of health insurance policy that provides daily fixed benefits per night of hospitalization. These plans do not consider the medical expenses incurred by the insured/policyholder. Instead, this health insurance policy provides a daily cash benefit to meet the lost income due to illness or accident. Often, these plans also come with bundled life coverage and OPD coverage along with daily hospital cash benefits and are priced reasonably lower compared to reimbursement plans.

For example, if a hospital cash policy provides BDT. 3,000 per night of hospitalization, then you can get BDT. 9,000 benefits if you had to take treatment in a hospital for 3 consecutive nights. These plans usually come with waiting periods for claims and specific exclusions against particular diseases. So, please check the waiting periods and exclusions before buying a health insurance policy for yourself or your family members.

An important note to consider here is that you must properly collect all medical documents, including hospital bills, to raise insurance claims. The insurance company will need these documents to verify the authenticity of your claim.

Critical Illness Plans

A critical illness (CI) plan is a type of health insurance policy that provides a fixed benefit or reimbursement of expenses up to the coverage amount in case of a diagnosis of a life-threatening illness. Hence it is called critical illness insurance. These plans usually cover a selected number of diseases such as cancer, heart attack, stroke, coronary artery bypass surgery, major organ transplantation, etc. Based on the insurance company or the plan, this list may include more diseases or illnesses. Critical illness health insurance policies are very affordable in terms of price and can be a lifesaver for you in case of an unfortunate situation.

Sometimes, critical illness coverages are bundled with reimbursement or hospital cash policies so that you can get complete coverage simply by purchasing a single policy. Otherwise, you can buy a reimbursement or hospital cash plan and get critical illness coverage separately to ensure better financial safety in case of an emergency.

Why Bimafy is the best place to buy health insurance policies?

Bimafy ( is the first online insurance marketplace in Bangladesh, from where you can easily order the insurance policy you prefer or need and submit your insurance claims using the same platform, digitally. Bimafy is not an insurance company, it is an online platform through which you can take the insurance services provided by various insurance companies using online channels. It is a very new solution offered by Bimafy for the people of Bangladesh to make insurance easily accessible and more user-friendly.

Bimafy is a platform owned by Flair Technologies Limited that promotes and markets insurance services of reputed insurance companies using digital channels. People now can get many services through different digital platforms like e-commerce, ride-sharing, doctor consultation, etc. But, before Bimafy, insurance was not available to the people through digital channels, and we made it available for the people of Bangladesh.

In this case, Bimafy conducts business by verifying the approval of each insurance company.

Through this marketplace, you will get the following insurance services: Health Insurance, Travel Insurance, Accident Insurance, Motor insurance, Life Insurance, and many more.

Bimafy is the best platform to get a health insurance policy for yourself and your loved ones. As it provides various types of insurance policies in one place, you can easily compare and select the policy best suited for your needs and budget.

Bimafy not only helps you to get the best insurance policy for you, it also assists you to submit the insurance claims digitally and get the settlement as fast as possible.

Various reputed insurance companies provide their insurance services through Bimafy, such as Pragati Life Insurance, Green Delta Insurance, Guardian Life Insurance, Chartered Life Insurance, Bangladesh National Insurance, Mercantile Insurance, etc. You can get your suitable health insurance plan today without any hassle through an online purchase or with just a phone call. Bimafy ensures customer satisfaction at the highest priority and aims to provide the best insurance experience that you have ever enjoyed before.

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