LIC enters into tie-up with IDFC First Financial institution underneath company company association

Life Insurance coverage Company of India (LIC) has entered right into a tie-up with IDFC First Financial institution Ltd underneath company company association.

This tie-up will facilitate greater than 1 crore clients of IDFC First Financial institution to purchase LIC insurance policies on-line by visiting the financial institution’s web site, India’s largest life insurer mentioned in a press release.

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Referring to greater than 95 per cent of the financial institution’s transactions taking place on-line, the Company mentioned, “It might be a fantastic expertise for the financial institution clients to have end-to-end answer for his or her different life insurance coverage wants.”

R Doraiswamy, Managing Director, LIC, mentioned, the approaching collectively of the 2 monetary entities will present IDFC First Financial institution’s clients with the broad selection of LIC’s merchandise.