Union Bank To Offer Insurance Products After Merger With Andhra Bank And Corporation Bank
Money & Banking
Following the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) with effect from April 1, the 9,500-plus branches of UBI will offer insurance products of three life insurers, four non-life insurers and two standalone health insurers.
The branches of UBI will offer life insurance products of SUD Life Insurance Company, India First Life Insurance Company and Life Insurance Corporation of India; and non-life insurance products of Bajaj Allianz General Insurance Company, New India Assurance Company, Chola MS General Insurance Company, and United India Insurance.
Further, they will offer health insurance products of Religare Health Insurance and Manipal Cigna Health Insurance, the public sector bank said in a statement.
The continuation of the corporate agency tie-ups will facilitate uninterrupted post sales services to the policy holder customers of erstwhile Andhra Bank and Corporation Bank, it added.
Published on
July 03, 2020
Following the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) with effect from April 1, the 9,500-plus branches of UBI will offer insurance products of three life insurers, four non-life insurers and two standalone health insurers.
The branches of UBI will offer life insurance products of SUD Life Insurance Company, India First Life Insurance Company and Life Insurance Corporation of India; and non-life insurance products of Bajaj Allianz General Insurance Company, New India Assurance Company, Chola MS General Insurance Company, and United India Insurance.
Further, they will offer health insurance products of Religare Health Insurance and Manipal Cigna Health Insurance, the public sector bank said in a statement.
The continuation of the corporate agency tie-ups will facilitate uninterrupted post sales services to the policy holder customers of erstwhile Andhra Bank and Corporation Bank, it added.
Published on
USAA And The Valero Texas Open Join Forces To Honor Military Heroes
Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more
USAA Stands Strong Amid Wildfire Losses, With More Than $1 Billion In Member Payments
Feb 05 2025 SAN ANTONIO, TX – February 5, 2025 – USAA, a leading financial services p... Read more
USAA Bank Board Appoints Michael Moran As Bank President
Jan 30 2025 San Antonio, TX – January 30, 2025 – Today, USAA Bank Board of Directors a... Read more
USAA Announces Juan C. Andrade As President And Chief Executive Officer
Global, Industry Leader and Public Servant Committed to Serving USAA, the Military Community and Their Families Read more
USAA Extends Sponsorship Of The Army-Navy Game Through 2030
Ahead of the 125th matchup of Army and Navy, USAA Continues Commitment to Academies Read more
Military Community Shows Financial Resilience, Growing Savings By 19% And Cutting Credit Card Balances By 23% Over Last Five Years, New USAA Bank Data Shows
USAA’s Military Financial Wellbeing Index highlights the impact of pandemic-era trends and inflation on service member... Read more