LIC and IDFC First Bank team up to offer a variety of life insurance plans online, giving customers more options.
LIC, India’s largest government-owned insurance company, has partnered with IDFC First Bank to expand bancassurance and aims to ensure life insurance coverage for everyone by 2047.
Through this collaboration, over 1 crore customers of IDFC First Bank can now purchase LIC policies directly through the bank. The digital onboarding process has already begun and is currently under development. Once completed, customers will be able to conveniently buy LIC policies online through the bank’s website.
नोट - सभी पाठक ध्यान दे! हो सकता है की लेख में लिखित कुछ प्रक्रियाएं वर्तमान समय में अधिकारिक वेबसाइट पर सक्रिय नहीं है। अत:सभी प्रक्रियाएं सक्रिय हो जाने पर आप लेख में लिखित तरीकों से सभी प्रक्रियाओं की जानकारी प्राप्त कर सकत है।
IDFC First Bank, known for its high volume of online transactions, will provide its tech-savvy customers with seamless solutions for their diverse life insurance needs. The partnership leverages LIC’s extensive network of over 3600 branches and Satellite Offices, along with IDFC First Bank’s network of more than 1000 branches, making life insurance more accessible across the country.
LIC offers a comprehensive range of products including annuity, ULIP, savings, and term insurance, catering to all segments of society. R Doraiswamy, MD of LIC, highlighted that this collaboration will offer IDFC First Bank’s digital-savvy customers a wide array of attractive LIC products to choose from.
