Wednesday, September 10, 2008

IDBI Fortis Life On Expansion Spree - Sep 10, 2008

Sept. 9 IDBI Fortis Life Insurance is mulling to expand its branches to 100 from the existing 35 by the end of the current fiscal. The company which unveiled its products in March this year, has collected a premium of over Rs 100 crore till now. It has issued 25,428 policies and collected sum insured of Rs 827 crore. The company provides products such as wealthsurance and homesurance to its customers to assist them minimise the impact of unforeseen circumstances on their wealth and home plan respectively

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