State-owned Life Insurance Corporation of India and AU Small Finance Bank have entered into a tie-up under which the bank will distribute LIC’s range of products, including annuity, ULIP, term insurance and savings category across its branches and digital channels.
The corporate agency arrangement was officially launched on Monday 14th July, LIC said in a release. The partnership will contribute to greater financial inclusion and expansion of insurance penetration, especially in underserved and rural segments where AU Small Finance Bank has a strong presence.
Published – July 15, 2025 01:33 am IST
Source: https://www.thehindu.com/business/au-small-finance-bank-to-distribute-lic-products/article69811998.ece
