Multiple Choice Questions on Which Company becomes the first Life Insurance company to announce Additional Benefits for Poli........... for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Which Company becomes the first Life Insurance company to announce Additional Benefits for Poli...........

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    Which Company becomes the first Life Insurance company to announce Additional Benefits for Policyholders and agents Related to COVID-19 ?

    ICICI Prudential Life Insurance

    Incorrect Answer

    Tata AIA Life Insurance

    Correct Answer

    Life Insurance Corporation of India

    Incorrect Answer

    SBI Life Insurance

    Incorrect Answer
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    Explanation:
    • Tata AIA Life Insurance has announced additional benefits for its Policyholders and Agents under which its individual policyholders will get COVID-19 related additional benefit up to Rs 500,000 at no additional cost.
    • Also, all ‘active’ Agents of Tata AIA Life Insurance along with their spouse and children will be reimbursed up to Rs 25,000 in case of hospitalisation due to COVID-19.
    • Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). 
    • MD & CEO of Tata AIA Life Insurance - Rishi Srivastva

    By: Rohit Middha
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