Religare Health Insurance on 19 August 2017 said its product and service bouquet will now be marketed through the distribution network of Union Bank of India. Religare Health Insurance Co Ltd today signed a corporate agency agreement with Union Bank of India to this effect.
“Union Bank becomes the first PSB to enter into a tie-up for distribution of health insurance products of a standalone health insurer viz Religare Health Insurance,” Union Bank of India Executive Director S K Jain said. By way of this association, Religare Health Insurance’s product and service bouquet would now be marketed through the extensive distribution network of Union Bank of India.
Commenting on the development, Anuj Gulati, Managing Director and CEO, Religare Health Insurance said, “We are delighted to announce this privileged association with the Union Bank of India, and together look forward to building enduring relationships with our customers.”