UAE Exchange, LIC in tie-up

UAE Exchange has entered into a strategic tie-up with LIC of India as its corporate agent. UAE Exchange will offer customers four LIC policies initially such as Endowment Plan, Child Plan, ULIP plan for pension and investment and investment and tax saving plan. The facility is rendered through all 221 branches of UAE exchanges across the country. The company will also act as LIC’s renewal premium collection centre for the public shortly.