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FIPB clears 15 FDI proposals worth Rs 7,262 crore

Japanese insurer Nippon Life Insurance, Tata AIA and Aviva Life were among the 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have been approved by the FIPB.

Aviva Life launches online term plan i-Shield

Aviva i-Shield provides life cover with a provision of return of 110 percent of paid premium, in case the insured survives the policy term, the private insurer said in a release.