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Current Affairs - 2019
Indias first policy to protect bank locker was launched by __________.
ICICI Lombard
Max Bupa company
IFFCO Tokio General Insurance
Royal Sundaram General Insurance

Correct Answer : Option (C) - IFFCO Tokio General Insurance

IFFCO Tokio General Insurance launched 'bank locker protector policy', the first stand-alone bank locker cover offered by any insurance company with a plan to protect the contents of a bank locker such as jewelry, title documents, and other valuables. The policy offers a cover against various risks including fire, earthquake, burglary, holdup, infidelity by a bank staff or any act of terrorism. Important documents kept in a locker can also be insured under the policy as an add-on cover. The policy can be sold both as a retail and a group policy for banks.

Published On : July 11, 2021