Money & Banking

LIC launches digital application tool for agents

Our Bureau | Updated on November 20, 2020

It’s called ‘ANANDA’, which is an acronym for Atma Nirbhar Agents NewBusiness Digital Application.

Life Insurance Corporation of India has launched a digital application for agents for onboarding to get a life insurance policy.

The Digital Application is called “ANANDA”, which is an acronym for Atma Nirbhar Agents NewBusiness Digital Application.

“The Digital application is a tool for the onboarding process to get the life insurance policy through a paperless module with the help of the agent or intermediary,” LIC said in a statement on Friday, adding that it is built on paperless KYC process using Aadhaar-based e-authentication of the life proposed.

Published on November 20, 2020

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