India First Life Insurance Partners Bank of Baroda Financial Services Ltd

July 06, 2020
Current Context: India First Life Insurance partners with Bank of Baroda Financial Services Ltd to offer group insurance cover.
India First Life Insurance Partners Bank of Baroda Financial Services Ltd
  • 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

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