New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which insurance company became the first to go live with

    the BIMA-ASBA facility?
    A HDFC Life Insurance Correct Answer Incorrect Answer
    B ICICI Prudential Life Insurance Correct Answer Incorrect Answer
    C SBI Life Insurance Correct Answer Incorrect Answer
    D Bajaj Allianz Life Insurance Correct Answer Incorrect Answer
    E Max Life Insurance Correct Answer Incorrect Answer

    Solution

    Bajaj Allianz Life Insurance became the first insurer to implement the BIMA-ASBA facility. This facility enables policyholders to block their premium amount in their bank account, enhancing security and transparency in insurance transactions.

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