Bima Life Insurance in Robi

How does a subscriber register for Bima Life Insurance?
A subscriber can register for Bima Life Insurance in one of the 3 ways
      1. Using handset by dialing *1216#1 to access BIMA Life Insurance menu and choosing insurance type –
          a. General Life Insurance or (*1216*1*1#)
          b. Islamic Life Insurance (*1216*1*2#)
By dialling to *1216*1*1# (General Life Insurance) a customer will be able to complete the registration by following below steps:

       2. By visiting one of Robi’s WICs or RSP where a Robi/Bima agent will assist with registration.
What does Bima Life Insurance cover?
Bima Life Insurance covers the registered subscriber.Bima Life Insurance will pay out the insurance benefit in the event of death from all causes, accidental and natural (subject to the exclusions outlined in the policy contract electronically signed duringregistration), to a nominee of the subscriber’s choice who is a direct relative.
How much does a subscriber need to pay for Bima Life Insurance?
The subscriber does not need to pay any fees to register for Bima Life Insurance. However, to be actively covered by Bima Life Insurance each month, the subscriber needs to first use at least BDT250 ( excluding VAT) of airtime in one calendar month to start earning insurance cover and must maintain an airtime usage of at least 150 ( excluding VAT) each calendar month in order to maintain the insurance cover balance earned in previous months.
How does a registered subscriber earn insurance cover and how much insurance cover is being provided?
A registered subscriber earns and accumulates insurance cover by using airtime. Since the insurance cover provided is cumulative, the total amount of insurance cover provided depends on how much the subscriber has accumulated so far. The maximum amount of insurance cover that can be accumulated is BDT50,000. The following table gives the insurance cover provided for different slabs of airtime used

Value of airtime used in previous calendarmonth*	Incremental insurance cover earned for current calendar month**
BDT 150 – 249	Coverage remains same but no additional insurance earned
BDT 250 – 349	BDT 4,000
BDT 350 – 499	BDT 6,000
BDT 500 and above	BDT 8,000
Less than BDT150	Earned coverage is reset to zero. The subscriber has to spend at least BDT 250* to start earning coverage again.
*Excluding VAT ** Upto BDT 50000

For example, if the subscriber registers for Bima Life Insurance and uses BDT250 of airtime in Month 1, the subscriber earns BDT4,000 worth of insurance cover in Month 2; the subscriber’s total insurance cover in Month 2 will be BDT4,000. In Month 2, if the subscriber uses BDT350 of airtime, the subscriber earns BDT6,000 worth of insurance cover in Month 3; the subscriber’s total insurance cover in Month 3 will be BDT10,000. In Month 3, if the subscriber uses only BDT150 of airtime, the subscriber will not earn any incremental insurance cover in Month 4, so the subscriber’s total insurance cover in Month 4 will remain at BDT10,000. As the maximum amount of insurance cover that can be accumulated is BDT50,000, the subscriber’s total insurance cover will remain at BDT50,000 after he/she has earned to that level, as long as the previous month’s airtime usage remains at least BDT150
How do I track my monthly airtime usage as it relates to insurance coverage?
At the start of each month, each registered subscriber will receive a SMS informing him/her of how much incremental insurance has been earned based on the previous month’s airtime usage. The SMS will also inform the subscriber of the current total insurance cover accumulated to date. To know current month airtime usage call 123.
How can I access detailed policy information after registration?
Customers can dial *1216#3 from a Robi number to access detailed policy information.
Source : robi.com.bd