Cost Effective Insurance

GFID INDIA has signed an Insurance MOU with Li Dieu Insurance Brokers Pvt. Ltd and M/s Alliance Insurance Brokers Pvt. Ltd.. This has an objective to extend the Industrial units of Madhya Pradesh the benefit of cost effective general insurance policies. The fruits of collective bargaining has yielded premium discounts of 30-90% on the units present general insurance policies renewals. Within the scope of this MOU, professional services are also available to customize the Insurance Policies suiting to the corporate - GFID INDIA being an umbrella organization wants to be instrumental in extending the credit support to business fraternity on pilot basis through the aegis of Lead Banks. This is proposed to be achieved by entering into an MOU with Lead Banks for financing of GFID INDIA member- units both direct and indirect, classified under the categories of MSMEs / Trading /Priority Sector with emphasis on total lending portfolio.