Premier Bank Ltd (PBL) recently signed a MOU with Pragati Life Insurance Company (PLIC) in the city. Under the agreement, Registered Retirement Deposit Plan account holder of PBL will get life insurance coverage for Tk. 1 crore in case of accidental death and/or natural death. M Reazul Karim, Additional Managing Director, PBL and Jalalul Azim, Managing Director and CEO of PLIC signed the agreement on their respective organisations’ behalf.