Robi Axiata Limited, one of the leading private mobile phone operators, has launched free life-insurance coverage, for the first time in the country, for its prepaid subscribers.

Robi Managing Director and CEO Michael Kuehner, Pragati Life Insurance Managing Director and CEO Md Abul Basher Akhond, and Chief Executive Officer of Swedish insurance company Milvik, Gustaf Agartsson launched the insurance service at a hotel in Dhaka Monday.

On the occasion, Michael Kuehner said, “This package is another unique service for mobile sector. Undoubtedly, life insurance service of Robi is a historic innovation.”

Under this life insurance coverage, each of the registered Robi prepaid subscribers, aged between 18-60 years, will get insurance premium for a minimum Tk 250 talk-time every month.

With more usage, more insurance coverage will be earned. The coverage limit will be renewed every month and may reach Tk 50,000.