AFLI (Association of Financial Life Insurance) Partners with PhonePe to Enhance Life Insurance Penetration in India".
Banking & Finance
AFLI (Association of Financial Life Insurance) has partnered with PhonePe to boost life insurance penetration across India. This collaboration aims to leverage PhonePe's extensive digital platform and user base to make life insurance more accessible and affordable to the masses. With the growing adoption of digital payments and financial services, AFLI sees this partnership as a strategic move to reach underinsured populations and promote financial security. The initiative is expected to simplify the process of purchasing life insurance, thereby encouraging more individuals to secure their future through comprehensive insurance coverage.
The partnership will offer customized insurance plans tailored to the specific needs of PhonePe users in India.
AFLI and PhonePe will jointly conduct awareness campaigns to educate people about the importance of life insurance.
About AFLI (Association of Financial Life Insurance),
CEO: Sameer Nigam
Founders: Sameer Nigam, Rahul Chari, Burzin
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