Royal Insurance Corporation of Bhutan Ltd.

The Royal Insurance Corporation of Bhutan Limited was incorporated on 7th January 1975 under the Charter of His Majesty the fourth Druk Gyalpo Jigme Singye Wangchuk, primarily to meet the Insurance need 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.

 

Our Contribution towards Socio-economic Development of Bhutan

Royal Insurance Corporation Of Bhutan Limited, an insurance company also function as a financial institution, plays a significant role in the socio-economic development of the country. It generates revenue in one hand and offers services to the society in meaningful way on the other, through its various schemes of insurance and investment. The Life Insurance scheme provides security to the human life against any unforeseen calamities. The General Insurance schemes covers the Industrial sector and other fixed and movable assets by providing indemnity in case of natural hazards.The Group Savings-Cum-Insurance scheme covers employees in the civil service and the public sector against untimely death and total permanent disability, and also provides safety and security to the salaried class after their retirement. The Royal Insurance Corporation Of Bhutan Limited has been entrusted by the Royal Government of Bhutan to implement the Rural House Insurance Scheme to indemnify the rural population in case of fire, flood and earthquake, which may cause damages to their homes. it also provides both short term and long-term financial to the promoters of the big and small projects to accelerate the economic growth of the country.