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Business Economy


ICICI Prudential Life, Saraswat Co-operative Bank sign bancassurance deal

Mumbai, Sep 20 (UNI) ICICI Prudential Life and Saraswat Co-operative Bank (Saraswat Bank), a century old urban co-operative bank, have come together to offer life insurance products ranging from protection to wealth creation.
"Through this partnership, over 280 Saraswat Bank branches in Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka will offer the entire range of protection and savings products of ICICI Prudential Life," the release stated.
"Some of the key protection products include ICICI Pru iProtect Smart, a first of its kind term insurance plan providing cover against 34 critical illnesses and ICICI Pru Heart/Cancer Protect, a health insurance plan covering a range of Heart ailments and Cancer.
"Long term saving products which enable customers to achieve their financial goals include ICICI Pru Future Perfect, ICICI Pru Savings Suraksha and ICICI Pru Cash Advantage too will be offered to the Bank’s customers," said NS Kannan, Managing Director & CEO, ICICI Prudential Life Insurance.
Smita Sandhane, Managing Director, Saraswat Co-Operative Bank said, “We are very pleased to enter into this alliance with ICICI Prudential Life. Since customer centricity forms the core philosophy of both the companies, it is going to be a mutually benefitting collaboration and we are looking forward to work closely with ICICI Prudential Life.”
UNI DJK SHK1611
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