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IDBI Fortis signs agreement with Manappuram Finance

IDBI Fortis Life Insurance Co. Ltd. signed a distribution agreement with Manappuram Finance a Thrissur-based company. They have come together to offer wealth building and insurance products in Kerala.

Apnainsurance.com Research Bureau

24 Jun 2008

IDBI Fortis Life Insurance Co. Ltd. signed a distribution agreement with Manappuram Finance, a Thrissur-based company.

They have come together to offer wealth building and insurance products in Kerala.

The company launched their wealthassurance product in March, 2008. It gives investment options like guaranteed return funds, equity funds and debt funds. The company has sold 10,000 policies and earned a first premium income of Rs.35 crore.



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