<h1>Life insurer and education NBFC partner to embed group credit life insurance within institutional education loans, protecting lenders and students</h1> An Indian life insurer has entered a strategic distribution agreement with an education-focused non-bank finance company to offer group credit life insurance for institutional education loans. The arrangement integrates insurance protection into loan products to mitigate lenders' and institutions' exposure to borrower death risk, promote borrower/institution financial resilience, and support continuity of educational services. The partnership leverages the insurer's product suite, technology platforms and high individual claim-settlement performance to broaden risk-transfer mechanisms and embed mandatory or optional credit-life coverage within loan origination and servicing frameworks for education-sector lending.