New Delhi: Canara Bank launches portal for insurance
New Delhi, Apr 27 (UNI) Public sector bank Canara Bank and their life insurance partner Canara HSBC Oriental Bank of Commerce Life Insurance announced the launch of ‘Webassurance’ to enable bank customers to purchase life insurance through a seamless journey starting from the bank’s website, a statement here on Saturday said.
"Webassurance is a significant step towards providing the bank’s customers a one-stop, convenient online solution empowering customers to address their financial needs through a completely digital and paperless process," said Canara Bank Managing Director & Chief Executive Officer R A Sankara Narayanan in a statement.
Four life insurance products of Canara HSBC Oriental Bank of Commerce Life Insurance would be made available to customers of Canara Bank, covering the key needs of child future, savings and investments, retirement planning and protection.
The launch of this initiative is in line with the Company’s strategy of expanding its distribution reach to cover all segments of the bank’s customers, across all channels or touchpoints through which they engage with the Bank.
Image: UNI
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
