RICBL launches new in­surance pol­icy for the pro­fes­sional driver

Bhutan Times - - Home - Biku Gu­rung

The Royal In­surance Cor­po­ra­tion of Bhutan Limited launched a new in­surance pol­icy ti­tled “Dhey­obN­gen- sung Lay- char” to com­mem­o­rate the 60th Birth An­niver­sary of His Majesty the Fourth DrukGyalpo.

The new pol­icy is equipped with far- reach­ing ben­e­fits of com­pen­sa­tion in the event of death, per­ma­nent to­tal dis­able­ment, tem­po­rary dis­able­ment and an op­tional cover for med­i­cal ex­penses.

This pol­icy has been de­signed par­tic­u­larly with the fol­low­ing ob­jec­tives to pro­vide in­surance with dual cover at an af­ford­able rate and to en­sure so­cial se­cu­rity and wel­fare for the driv­ers and their fam­i­lies

Driv­ers are highly vul­ner­a­ble to fa­tal ac­ci­dents re­sult­ing in loss of lives and leav­ing their fam­i­lies be­hind in des­ti­tute sit­u­a­tion. Thus the new pol­icy was spe­cially de­signed for the driv­ers in view of en­hanc­ing their so­cial se­cu­rity and to en­sure the wel­fare of their fam­i­lies as the

The pol­icy has two types of cov­ers of Stan­dard Dhe- yob: cov­er­ing Death, To­tal Per­ma­nent Dis­able­ment and Tem­po­rary Par­tial Dis­able­ment and Pre­mium Dhe-yob with ad­di­tional cover of health in­surance to the above cover which is op­tional.

Royal In­surance Cor­po­ra­tion of Bhutan Limited was in­cor­po­rated on 7th Jan­uary 1975 un­der the Royal Char­ter of His Majesty, the fourth DrukGyalpoJig­meSingyeWangchuk, pri­mar­ily to meet the In­surance needs of its Cit­i­zen as well as to ac­tively par­tic­i­pate in the eco­nomic de­vel­op­ment of the na­tion. It has grown from strength to strength over the years in keep­ing with na­tion’s march to­wards the goal of eco­nomic growth, self- re­liance and Gross Na­tional Hap­pi­ness.

To­day, RICB has 27 of­fices across the coun­try with the Head Of­fice in Thimphu and a Re­gional Of­fice at Phuentshol­ing.

As an in­surance provider, RICB plays a sig­nif­i­cant role in the fi­nan­cial sec­tor and in so­cio- eco­nomic de­vel­op­ment of the coun­try. RICB pro­vides mul­ti­fac­eted fi­nan­cial ser­vices in­clud­ing so­cial se­cu­rity ser­vices to the so­ci­ety through its var­i­ous schemes/ prod­ucts.

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