Life Insurance Corporation (LIC) has tied up with Policybazaar to digitally offer a wide range of Life Insurance and investment products to its customers across India. This is LIC’s first association with a private insurance aggregator, which has mainly relied on its 1.33 million agents for distributing products. To facilitate seamless digital distribution of life insurance products and boost financial inclusion across India.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The benefit of the tie-up:
The alliance will provide insurance services in smaller cities to ensure financial inclusion and social security. It will increase its penetration digitally in rural and remote areas and offer a wide range of term and investment products to the customers.
Important takeaways for all competitive exams:
Did you know some animals sleep through the bright day and come alive only after…
The Winter Olympics 2026 are one of the most important global sporting events of the…
As you know the ODI Cricket World Cup 2024 is concluded on 19th November 2023…
Did you know there is a famous palace in India that seems to breathe with…
Did you know India is home to some of the tallest and most powerful dams…
Indian Railways has achieved an important milestone by launching the country’s first LNG–Diesel dual-fuel DEMU…