Bangalore: IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), one of the youngest private life insurers in the country is pleased to announce 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.
Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life said, “We are honored to partner with NABFINS – a prestigious model NBFC-MFI committed to rural development. This collaboration marks a significant milestone for IndiaFirst Life, enabling us to further extend our reach and provide essential insurance coverage to various communities across India. Together, we move closer towards making ‘Insurance for All by 2047’ a reality.”
NABFINS’s focus on client centricity, affordability, and inclusivity perfectly aligns with IndiaFirst Life’s #CustomerFirst philosophy. 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.