Life Insurance Corporation of India (LIC) has introduced two new insurance products aimed at providing life cover along with financial flexibility: Protection Plus (Plan 886) and LIC's Bima Kavach (Plan 887). These plans cater to different needs of policyholders, from savings to pure risk protection.
Aditya Birla Sun Life Insurance Company Limited (ABSLI) has launched the ABSLI Vision Retirement Solution for retirees.
Manulife Financial Corporation and Mahindra & Mahindra have signed an agreement to establish a life insurance joint venture (JV) in India, both holding an equal stake.
Tata AIA Life Insurance has launched its new Underwriting Rule Engine (URE), a digital platform that uses artificial intelligence and big data to make buying life insurance faster and more transparent.
SBI Life is partnering with the Board of Control for Cricket in India (BCCI) to take breast cancer awareness to the international stage through its Thanks A Dot initiative.
Canara HSBC Life Insurance, in partnership with Policybazaar, has launched the EZ Pension Plan, an individual-linked pension product aimed at supporting retirement planning.
SBI Life has launched its latest protection offering - SBI Life - Smart Shield Plus, an individual, non-linked, non-participating, pure risk life insurance product designed to address the evolving protection needs of today's consumers.
Kotak Mahindra Life has launched Kotak Signature Term Plan, a protection-focused term insurance product aimed at emerging affluent salaried professionals and entrepreneurs in India.
Bharti AXA Life Insurance has launched the Bharti AXA Life Guaranteed Bachat Plan, a new savings and protection product designed for middle-income Indians.
Equitas Small Finance Bank (Equitas SFB) has entered into a new bancassurance partnership with local insurer Edelweiss Life Insurance.
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