LIC–Yes Bank Bancassurance Partnership:

LIC–Yes Bank Bancassurance Partnership:

Daily Current Affairs   /   LIC–Yes Bank Bancassurance Partnership:

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Category : Business and economics Published on: December 09 2025

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  • LIC has signed a new bancassurance agreement with Yes Bank, enabling the bank’s customers to purchase LIC insurance products through its branches and digital channels.
  • Customers will gain access to LIC’s term, endowment, pension, and unit-linked plans.
  • The “Protection Plus” plan—an individual linked savings policy—offers life cover with investment flexibility, options for fund selection, adjustable sum assured, and top-up premium payments. Partial withdrawals are permitted after five years.
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