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    Question

    Which company introduced new term and credit life

    insurance products targeting young customers in August 2024? 
    A HDFC Life Insurance Company Correct Answer Incorrect Answer
    B TATA AIG General Insurance Company Correct Answer Incorrect Answer
    C Life Insurance Corporation of India Correct Answer Incorrect Answer
    D State Bank of India Life Insurance Company Correct Answer Incorrect Answer
    E Star Health and Allied Insurance Company Correct Answer Incorrect Answer

    Solution

    LIC launched the Yuva Term/Digi Term and Yuva Credit Life/Digi Credit Life plans to cater to the younger demographic, emphasizing early financial planning and loan liability coverage. These plans, available both offline and online, align with modern consumer needs for flexible and accessible insurance options.

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