One insurance company which has been making news these days is the India First Life Insurance. Apart from the aggressive marketing campaign for the Money Back Plan, it also has lined up a many new products to be launched in this fiscal. The motley includes a group saving product, a product for the high net worth individuals and a pension plan (to be released after the regulatory guidelines for pensions are released by IRDA).
From all these expansion, the insurance company has set an eye on achieving Rs 1,200 crore from new premium from this fiscal. Chief Executive P Nandagopal showed optimism on achieving this target. So far they have successfully achieved the target of Rs 150 crore for the first quarter this July and things are already rolling to achieve their next goal
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