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Which Insurance company announced(11th july 2022) partnership with 'City Union Bank' for life and health Insurance?
Tata AIA Life Insurance
Max Life Insurance
Reliance Nippon Life Insurance
Star Health and Allied Insurance

Correct Answer : Option (A) - Tata AIA Life Insurance

One of India’s leading life insurance companies, Tata AIA Life Insurance Co. Ltd, 11th July 2022 announced a strategic alliance with City Union Bank (CUB) to offer life and health insurance solutions to the Bank’s consumers.
This partnership brings together two respected consumer centric brands that have been a part of India’s consumer landscape for more than a century. This partnership will help City Union Bank consumers (existing and new) to benefit from Tata AIA Life’s diverse and innovative products and services spanning term insurance, savings and investment, retirement, and health.
It will enable Tata AIA Life to expand its distribution through CUB’s 700+ branches and contribute significantly towards increasing life insurance penetration in the country. Another point of synergy between the two entities is their focus on providing a digitally enabled experience and mobile first solutions to consumers..

Source : The print

Published On : July 13, 2022
Category : Insurance and Finance