Expatriates Welfare and Overseas Employment ministry would soon introduce insurance coverage for outgoing migrant workers, said officials.
They told New Age that the decision to provide insurance coverage to the workers was taken on instruction from the prime minister.
EWOE ministry additional secretary Ahmed Monirus Saleheen said that Jibon Bima Corporation had been instructed to provide automated one-stop service so that the dependents of migrant workers got the benefits in the event of their deaths or disabilities abroad.
Providing free insurance coverage to the migrants is under consideration, he said.
On Sunday, an inter-ministry meeting held at the EWOE ministry took the decision, said officials.
They said that there would be two categories of two-year term insurance policies, one mandatory and the other optional with a provision to extend the term for the workers whose job contracts would be extended.
Under the mandatory package against the lone premium of Tk 990 the beneficiary would get Tk two lakh while in the optional category the beneficiary would be entitled to get Tk five lakh against the lone premium of Tk 2,475, said officials.
The Insurance Development and Regulatory Authority (IDRA) drafted the rules.
Migrant workers aged 18 to 58 would be eligible to get the insurance coverage.
Migrant rights activist and returnee migrant Faruque Ahmed welcomed the initiative and said that it would fulfill ‘our old demand’.
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