Union Life Insurance comes up with new scheme to address 18 fatal diseases; When will 64.50 lakh unit shares come in IPO now?

Union Life Insurance, with an aim to provide more security against 18 different fatal diseases for its customers, has launched a new provision under which the insurance for the 18 fatal diseases would be covered for all the existing insurance policies of the company expect the children's’ insurance scheme.

Interested customers can avail this new scheme from all the branches of the company as well as from all the BFIs having bancassurance agreement with it in a relatively low premium price, as mentioned in the media statement.

The company is in its process to issue 64.50 lakh unit shares as IPO in a near future, as further mentioned in the statement.