IndiaFirst Life Insurance Company (IndiaFirst Life) announced its selection as one of the life insurers for NABFINS, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD) to provide Group Credit Life Micro Insurance cover for NABFINS’ borrowers and co-borrowers. This three-year corporate agency tie-up with NABFINS is expected to enhance IndiaFirst Life’s penetration in rural and semi-urban markets, extending insurance coverage to the marginalised segments.
Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life said, “Together, we move closer towards making ‘Insurance for All by 2047’ a reality.”