Trust Bank, Astha Life partner to offer credit shield coverage for cardholders

Trust Bank PLC has signed an agreement with Astha Life Insurance Limited to introduce “Credit Shield Coverage” for its credit cardholders.

Ahsan Zaman Chowdhury, managing director and chief executive officer of Trust Bank PLC, and Brig Gen (retd) Shah Sagirul Islam, chief executive officer of Astha Life Insurance Limited, signed the agreement in Dhaka recently, according to a press release.

Under the arrangement, Trust Bank credit cardholders will receive financial protection, with outstanding dues settled in the event of natural death, accidental death, or permanent total disability. Additional benefits for nominees will also be provided within defined limits.

The partnership reflects Trust Bank’s commitment to enhancing customer value through innovative and protective financial solutions, the release added.

Senior representatives from both organisations were also present at the signing ceremony.