L&T Insurance plans to launch SME products

Private sector general insurer L&T Insurance said it plans to launch 10 products in SMEs and home space soon.

The company has tied up with FINISH (Financial Inclusion Improves Sanitation and Health), a public-private-partnership company for the distribution of its micro insurance products.

Under the partnership, FINISH, supported by the Dutch government, would train the employees of its micro insurance partner or NGO for distribution of two micro health insurance products in the three identified states. These states are Maharashtra, Rajasthan and Orissa.

The company sees great potential in micro insurance playing crucial role for the penetration of the sector in India.

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