Terms of Service
Terms & Conditions
Please read these terms carefully before using our platform. They outline your rights, responsibilities, and the rules of our community.
Last Updated: April 13, 2026
1. Acceptance of Terms
By accessing and using the Labaid Insuretech platform, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree, please refrain from using our services.
2. Eligibility
To use our services, you must be at least 18 years of age and possess the legal authority to enter into a binding agreement. You represent that all information provided during registration is accurate and complete.
3. Insurance Services
Labaid Insuretech acts as a digital intermediary between you and insurance providers. While we strive to provide accurate quotations and policy information, the final terms of any insurance policy are determined by the respective underwriter.
4. Payments & Renewals
Premium payments must be made through our authorized payment gateways. Failure to pay premiums on time may lead to the cancellation or lapse of your insurance policy as per the insurer's guidelines.
5. Intellectual Property
All content on this platform, including logos, text, graphics, and software, is the property of Labaid Insuretech or its licensors and is protected by intellectual property laws. Unauthorized use of any material is strictly prohibited.
6. Limitation of Liability
Labaid Insuretech shall not be liable for any indirect, incidental, or consequential damages arising from your use of the platform. We do not guarantee that the platform will be error-free or uninterrupted at all times.
7. Governing Law
These Terms and Conditions are governed by and construed in accordance with the laws of the People's Republic of Bangladesh. Any disputes shall be subject to the exclusive jurisdiction of the courts in Dhaka.
Need Clarification?
If you have any questions regarding these Terms & Conditions, please contact our legal department.