Economy · India
Policybazaar launches dollar-denominated insurance via GIFT City
Policybazaar has launched a new service allowing customers to purchase dollar-denominated term insurance plans. These plans will be marketed through GIFT City, India's first operational smart city and International Financial Services Centre. The service aims to benefit Non-Resident Indians (NRIs) by enabling them to receive insurance claim payouts in US dollars. This initiative allows policyholders to potentially hedge against currency fluctuations.
How outlets across the spectrum covered it
Left 1 · Centre 1 · Right 0 n = 2
- Left (1): The Hindu
- Centre (1): Business Standard