Private sector Karur Vysya Bank and HDFC Life have entered into a corporate agency settlement to supply life insurance coverage merchandise to their respective clients.
This corporate agency association would allow clients of Karur Vysya Bank to avail HDFC Life’s big selection of life insurance coverage merchandise which embrace options for defense, financial savings and funding, retirement and demanding sickness, a press launch stated on Tuesday.
“Our corporate tie-up with HDFC Life will provide one more option to our customers while charting their insurance plans. Since HDFC Life offers claim intimation process online, our customers can avail the services without stepping out of their homes,” Karur Vysya Bank Managing Director and CEO B Ramesh Babu stated.
HDFC Life Deputy Managing Director Suresh Badami stated, “We are delighted to partner with Karur Vysya Bank, a well-respected bank with a rich legacy of over 100 years. This tie-up will enable us to offer our strong product proposition to their customers.” Karur Vysya Bank has 827 branches throughout 20 states and three union territories, the discharge added.
