Q. Recently which bank and insurance company tie-up for bancassurance?
Answer:
Federal Bank & Star Health and Allied Insurance Co Ltd
Notes: Recently ,
Federal Bank has entered into a
Bancassurance partnership with
Star Health and Allied Insurance Co Ltd as a corporate agent to provide health insurance products for the Bank’s 8.90 million customers across India. The Bank’s customers can avail benefits of Star Health’s retail products and group affinity products through the bank’s various distribution channels which help the customers to address their complete financial needs under one roof.