Question

     India Post Payments Bank has partnered with which insurance company to offer term and annuity products to its customers.

    A Bajaj Allianz Life Insurance Correct Answer Incorrect Answer
    B United India Insurance Co Correct Answer Incorrect Answer
    C The New India Assurance Co. Ltd Correct Answer Incorrect Answer
    D Tata AIA Life Insurance Co Correct Answer Incorrect Answer
    E Oriental Life Insurance Company Correct Answer Incorrect Answer

    Solution

    India Post Payments Bank (IPPB), Department of Posts, and Bajaj Allianz Life Insurance Company (BALIC) announced a strategic alliance to offer term and annuity products to customers through the Bank’s extensive network of 650 branches and over 1,36,000 banking access points for distribution of their non-life insurance products across the country.

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