CURRENT AFFAIRS

Detailed explanation-1: -Life Insurance Corporation of India (LIC) launched a mobile app called “Ananda mobile app” for its agents and intermediaries in order to onboard the prospective customers.

Detailed explanation-2: -Hon’ble Prime Minister of India launched this ambitious multi-purpose and multi-modal platform - “Pro-Active Governance and Timely Implementation” (PRAGATI) on 25th March, 2015, as a part of Digital India program.

Detailed explanation-3: -The services offered by My LIC App include viewing LIC products, LIC Premium, premium comparison, and other LIC features. However, consumers can download the My LIC App to their Apple iOS and Android mobile devices in order to access these services instantly.

Detailed explanation-4: -ANANDA stands for Atma Nirbhar Agents New Business Digital Application. The ANANDA mobile app was launched by LIC Chairperson MR Kumar, through Video Conferencing.

Detailed explanation-5: -To sustain its sales during the pandemic, LIC introduced a digital app for its agents called ANANDA (Atma Nirbhar agents new business applications), where an agent can seamlessly call the customer, enter the customer’s details in the app and then send a link to them to pay the premium.