Edelweiss Tokio launches India’s first life insurance Product

Edelweiss Tokio launched India’s first and the simplest life insurance product that can be bought at a point of sale (PoS) has finally been launched.

Edelweiss Tokio Life Insurance has recently launched PoS Saral Nivesh the first product to be approved by the Insurance Regulatory and Development Authority of India’s (IRDAI) guidelines on point of sale-life insurance products. PoS Saral Nivesh is a non-linked, non-participating endowment life insurance plan which offers both protection and saving. 
Important Takeaways from above News for BOB PO Exam-
  • Edelweiss Tokio Life Insurance launched India’s first insurance product Saral Nivesh  that can be bought at PoS
  • Edelweiss Tokio Life Insurance headquarter is in Mumbai.
Source- The Hindu

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