Current Affairs Economy & Banking

India’s First Policy To Protect Bank Locker Launched

Category : Economy & Banking

 IFFCO Tokio General Insurance has launched ‘bank locker protector policy’, the first stand-alone bank locker cover offered by any insurance company with a plan to protect the contents of a bank locker such as jewelry, title documents, and other valuables. The policy offers a cover against various risks including fire, earthquake, burglary, holdup or any act of terrorism. It offers 7 options of sum insured ranging from Rs 3 lakh to Rs 40 lakh and above and the premium rate is affordable with a cover of Rs 3 lakh available at just Rs 300.

Source: Financial Express


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