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Insurance
11-Jul-23
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Max Life Insurance tie up with DCB Bank to offer life insurance solutions
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Max Life Insurance Company on Tuesday announced its bancassurance partnership with DCB Bank.
Through this collaboration, Max Life and DCB Bank will provide the bank's customers a wide range of life insurance products including term, savings and pension plans, allowing them to protect their financial future and expand their investment portfolio.
The business tie-up will offer Bank customers access to Max Life's protection and long-term savings solutions, offering financial stability for themselves and their families.
“We are delighted to join forces with DCB Bank as part of our growing Bancassurance network. DCB Bank's customer-centric approach and widespread reach make them an ideal partner for Max Life. Through this collaboration, we aim to provide superior customer experience by offering top-notch products, digital servicing, and an omni-channel approach,” said V. Viswanand, Deputy Managing Director, Max Life.
Praveen Kutty, Head Retail Banking, DCB Bank, said, “DCB Bank's tie-up with Max Life will pave the way for adaptable, and varied life insurance products for our customers. Through this partnership, we aim to empower our customers by providing them with life insurance products that cater to their needs."
Max Life Insurance Company Limited is a Joint Venture between Max Financial Services and Axis Bank. Max Financial Services is a part of Max Group. Max Life offers protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners.
DCB Bank is a new generation private sector bank with 427 branches (as on March 31, 2023) across India with contemporary technology and infrastructure, including state-of-art internet banking for personal and business banking services. It is a scheduled commercial bank regulated by the Reserve Bank of India.
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