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Today Date : Saturday, June 22, 2024

HDFC Life enters into a Corporate Agency tie-up with KarurVysya Bank

HDFC Life enters into a Corporate Agency tie-up with KarurVysya Bank

HDFC Life, one of India’s leading life insurers, and KarurVysya Bank has entered into a Corporate Agency (CA) arrangement, today.This CA arrangement will enable customers of KarurVysya Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement and critical illness.

Mr. B Ramesh Babu, Managing Director & CEO of the Bank said, “Our Corporate tie-up with HDFC Life will provide one more option to our customers while charting their insurance plans. Together we look forward to creating a seamless experience that aligns with our shared value of trust, reliability and customer-centricity.”

Speaking on the arrangement, Mr. Suresh Badami, Deputy Managing Director of HDFC Life said, “We are delighted to partner with KarurVysya 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. We will work closely together to achieve India’s vision of ‘Insurance for All’ by 2047.”

Speaking on the development, Mr.Dolphy Jose, Chief General Manager & Head- Consumer Banking, KarurVysya Bank said “This alliance will enable us to offer a diverse range of life insurance products tailored to meet varying needs and our focus remains on simplifying the path to financial wellbeing for our customers.”

This partnership will enable both HDFC Life and KarurVysya Bank to offer superior life insurance products and services to their customers at scale.