%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(38).png "Indian Navy signs MoU with Bajaj Allianz Life Insurance for Naval Civilian Insurance")
- Aim:
- The primary aim of this MoU is to provide a diverse range of insurance products, including term insurance, to naval civilians at affordable premiums.
- This initiative is part of the Indian Navy’s commitment to enhancing the welfare of its civilian personnel.
- Key Points:
- Voluntary Basis: The insurance can be availed by naval civilians voluntarily.
- Financial Relief: The insurance aims to provide instant financial relief to the families of civilian employees in case of untimely death or other covered eventualities.
- Year of Naval Civilians: This initiative is part of the activities under the ‘Year of Naval Civilians’, declared by the Indian Navy to improve the overall work environment and welfare measures for naval civilians.
Question:
1 What was the primary aim of the MoU signed between the Indian Navy and Bajaj Allianz Life Insurance on October 10, 2024?
- A) To provide insurance products to naval civilians
- B) To provide insurance products to naval sailors
- C) To provide insurance products to naval officers
- D) To provide insurance products to all naval personnel
