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IDBI Federal Life to sell insurance via PoS channel

IDBI Federal Life to sell insurance via PoS channel

Thursday, April 13, 2017, 10:59 PM

IDBI Federal Life Insurance Co is planning to explore PoS (point of sales) channel to sell insurance policies and has filed for two such products to the Insurance Regulatory & Development Authority (IRDA), its chief executive officer said. IRDA allowed this channel a couple of years back to increase the distribution footprint of the insurance sector.
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