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Canara HSBC OBC Life Insurance forays into health space

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Press Trust of India Mumbai

Private life insurer Canara HSBC Oriental Bank of Commerce Life Insurance Tuesday said it has forayed into the health insurance segment.

The company launched - Health First Plan, which provides fixed benefit critical illness cover at affordable premiums, an official release said.

******************* IHCL announces second hotel in Bhubaneswar *

The Indian Hotels Company (IHCL) Tuesday announced its second property in Odisha with the signing of a new Vivanta hotel in Bhubaneswar through a management contract with Lifeline Multi-Ventures.

This signing is in line with the company's strategic expansion plans for driving aggressive growth, a release said.

******************* FGILI launches comprehensive employee benefits plan *

Future Generali India Life Insurance (FGILI) Tuesday said it has launched a comprehensive employee benefits plan for corporates.

 

The plan will provide single solution for employers to manage their statutory liability of gratuity and would offer various other employee benefits such as leave encashment and superannuation, a company release said.

It will offer six diverse funds having portfolio allocation across money market, debt securities and equities, which can be opted or switched by the employer or employee depending upon their risk appetite and the prevailing market scenario, the release added.

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First Published: Nov 13 2018 | 6:35 PM IST

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