Current Context: India First Life Insurance partners with Bank of Baroda Financial Services Ltd to offer group insurance cover.
- The partnership will provide financial support to the BOB credit card supporters in order to carry out hospitalization on COVID-19 diagnosis.
- The customer who will choose India First Life Insurance Hospi Care plan will be able to avail financial benefits if diagnosed with COVID-19 positive and for any other health issue.
- The partnership offers COVID-19 Diagnosis Cash Benefit or hospitalization cash benefit amounting to Rs 5000 and Rs 10,000.
- The cash benefit will be offered if hospitalized for 2 or 4 times in a year.
- Static Part:
- HQ of India First Life Insurance: Mumbai
- HQ of BOB: Baroda (Vadodara)
Question:
Q.1 India First Life Insurance partners with whom to offer exclusive COVID-19 and Hospital cash cover insurance facility?
a. Bank of Baroda
b. SBI
c. Union Bank of India
d. UCO Bank
a. Bank of Baroda
b. SBI
c. Union Bank of India
d. UCO Bank