<h1>Private life insurer partners with postal payments bank to expand affordable life insurance into Tier 3 and 4 rural markets</h1> A private life insurer and a government-owned postal payments bank entered a strategic distribution agreement to expand affordable life insurance into Tier 3-4 and rural markets using the bank's extensive postal network and access points. The insurer will offer tailored protection and savings products, manage regional distribution through zonal heads, and provide training to bank circle offices; digital servicing will enable policy issuance and servicing. The collaboration is framed as supporting national financial inclusion objectives and the insurance regulator's 'Insurance for All' vision, and is expected to increase rural penetration and reach new-to-insurance customers.