Business and economics

LIC and IDFC First Bank Partner to Provide Online Life Insurance Policies

Published on 23 Jul 2024

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LIC and IDFC First Bank Partner to Provide Online Life Insurance Policies
  • LIC has partnered with IDFC First Bank under a corporate agency arrangement to offer online life insurance policies.
  • This collaboration enables over 1 crore IDFC First Bank customers to purchase LIC policies through the bank's website.
  • IDFC FIRST Bank, led by CEO V. Vaidyanathan, and LIC, chaired by Siddharth Mohanty, are both prominent Indian financial institutions involved in this initiative.

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