Life Insurance Corporation of India (LIC) and Union Bank of India, after its amalgamation with Corporation Bank and Andhra Bank, have announced a corporate agency agreement to distribute LIC policies.
The bank will market LIC products of term insurance, pension, plan, children plan, ULIPs, and endowment schemes. Union Bank of India can act as a financial supermarket by offering a basket of products to its account holders, whereby they can select products according to their choice.
Important takeaways for all competitive exams:
Kashmir is a land of snow-covered mountains, green valleys, and sparkling waters. Rivers play a…
India’s fisheries and aquaculture sector has emerged as one of the fastest-growing segments of the…
Fruits are one of nature’s most wonderful gifts, full of colour, flavour, and goodness. Most…
India has entered a new era of advanced robotics with the launch of SCORP, the…
India and Germany have taken a major step forward in strengthening their strategic and economic…
Throughout history, many kings became famous not only for ruling their kingdoms but also for…