Google News
logo
Daily Current Affairs
Indias first policy to protect bank locker was launched by __________.
A)
ICICI Lombard
B)
Max Bupa company
C)
IFFCO Tokio General Insurance
D)
Royal Sundaram General Insurance

Correct Answer :   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
Advertisement