Bangladesh has the highest population density in the World. As per recent Demographic data its current population is about 150 million, 61.4% of the total Population are in the age structure 15-64 Years, Life expectancy 60.25 Years.

According to Bangladesh Insurance Association (BIA) Year Book 2011 - Life Insurance market grew at an impressive rate of 26.7%. Whereas the penetration (Premium as a % of GDP) remains low at 0.7% for Life Insurance.

Bangladesh Economy is vibrating. Life Insurance Policies become popular in Bangladesh day by day. So there is a bright prospect to enhance the Life insurance Service in Bangladesh. There are 18 Life Insurance Companies operating the service. Traditional, Typical products are mainly issued and the range of Life Insurance products are limited. The necessary and important products for the civilian like Health Insurance is mostly neglecting. An exclusive confidential study leads that the Life expectancy is growing up where as the Life Insurance Industry’s Premium rate is higher instead of decreasing and the benefits are lower. There are several reasons for these anomalies - it happens mostly because actuaries are using different Life Tables of the other region which are backdated also. Bangladesh Life Table is the fundamental requirements for the actuaries and Life Insurance Industry now a days. Unfortunately it unprepared. Some young energetic actuary students in Bangladesh are trying to prepare a Bangladesh Life Table. Last five years they engaged themselves to find the Mortality Trend of Life Insurance in Bangladesh which shows the recent Mortality Trend.