Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 51)
51.
Which company partnered with GIC Housing Finance to offer credit life insurance to home loan customers?
HDFC Life Insurance
Canara HSBC Life Insurance
ICICI Prudential Life Insurance
Bajaj Allianz Life Insurance
Answer: Option
Explanation:
Canara HSBC Life Insurance has partnered with GIC Housing Finance (GICHF) to provide credit life insurance to home loan customers. Through this collaboration, GICHF customers are offered the 'Group Asset Secure' product, which provides financial protection against loan liabilities. This partnership aims to support India's growing homeownership aspirations by integrating strong insurance solutions into the home loan process, ensuring customers are financially protected in case of unforeseen circumstances.
Discussion:
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