The UAE Exchange has entered into a partnership with public insurance major Life Insurance Corporation of India (LIC). with this it becomes the corporate agent of the insurance major.
Under the deal, UAE Exchange will offer four LIC policies initially such as Endowment Plan, Child Plan, ULIP plan for pension and investment and investment and tax saving plan, to its customers . This facility will be made available across all the 221 branches of UAE Exchange across the country.
Besides, the company is also planning to act as LIC’s renewal premium collection centre for the public soon.