The credit cards, available in two variants – LIC Classic and LIC Select, aim to provide over 27 crore policyholders nationwide the opportunity to accrue reward points with every LIC insurance premium payment
Economy Business
Aside from this, cardholders will benefit from features like a lost card liability cover of up to Rs 50,000 and a personal accident insurance cover of up to Rs 5 lakh. V Vaidyanathan, MD of IDFC Bank, expressed enthusiasm about extending these additional perks to LIC policyholders opting for this credit card, alongside co-brand benefits. He also emphasised the partnership with Mastercard as a global presence in this initiative.
The credit cards, available in two variants – LIC Classic and LIC Select, aim to provide over 27 crore policyholders nationwide the opportunity
cardholders will benefit from features like a lost card liability cover of up to Rs 50,000 and a personal accident insurance cover of up to Rs 5 lakh.
About IDFC Bank(Infrastructure Development Finance Company Limited):
CEO - V. Vaidyanathan
Founded: 2012
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