Canara Bank to sell New India insurance products

Bengaluru June 9 (IANS) State-run Canara Bank on Friday signed an agreement with New India Assurance Company Ltd. to sell its general insurance products through bank branches in metros tier-one and tier-two cities across the country.

Under the agreement the state-run insurance firm will hard sell its various products to our customers through our 6 000-branch network across the country the city-based bank said in a statement here.

A bouquet of products such as insurance for motor home health travel and commercial products like fire/marine/engineering insurance will be available through our branches the bank said.

The agreement was inked by the bank s General Manager Lalit Vaid and Bancassurance General Manager R.M. Singh here.

--IANS
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