India s insurance sector regulator has levied a penalty of Rs 17 lakh on private non-life insurer Future Generali India Insurance Ltd for buddling add-on covers on its motor insurance policies without the policyholder s as well as its own .
Mumbai (Maharashtra) [India], December 31 (ANI/NewsVoir): Future Generali India Insurance Company Limited (FGII) has teamed up with Room to Read an NGO that helps underprivileged children to improve literacy and inculcate the habit of reading. Through this partnership, the company plans to setup libraries and donate books to underprivileged children from the society.
As a part of its responsibility towards community development, FGII will use its uniquely designed annual report to raise funds for the NGO backed schools. One can contribute to this cause by ordering this book on Amazon.in and Flipkart.com. The amount contributed by an individual shall be directly contributed to the NGO partner. In addition, Future Generali India Insurance vows to match the amount Rupee for a Rupee thus doubling the impact of the initiative.
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