4 life insurance coverage merchandise of Canara HSBC OBC Life can be made out there to clients of Canara Financial institution, masking the important thing wants of kid future, financial savings and investments, retirement planning and safety
Public sector lender Canara Financial institution and its life insurance coverage accomplice Canara HSBC Oriental Financial institution of Commerce Life Insurance coverage Saturday introduced the launch of ‘Webassurance’.
4 life insurance coverage merchandise of Canara HSBC OBC Life can be made out there to clients of Canara Financial institution, masking the important thing wants of kid future, financial savings and investments, retirement planning and safety, a launch issued right here stated.
Canara Financial institution Managing Director and CEO R A Sankara Narayanan stated, “There’s a giant and quickly rising part of our clients who’re digitally savvy and like to have interaction on-line for his or her banking necessities. This buyer section additionally likes to have management over their buy course of and search for handy availability of services and products on-line”.
He stated, with Webassurance the financial institution will be capable to service the safety wants of its youthful and net-savvy clients.
“This initiative integrates collectively the digital capabilities of the financial institution and the corporate to supply a handy and hassle-free possibility for the financial institution clients to satisfy their insurance coverage wants. We’re assured that this initiative will assist additional enhance our attain into Canara Financial institution’s buyer base and guarantee we attain out with related options to all clients within the Canara Financial institution household,” Canara HSBC OBC Life Managing Director and CEO Anuj Mathur stated.
Canara HSBC OBC Life is collectively owned by two public sector banks Canara Financial institution (51 per cent) and Oriental Financial institution of Commerce (23 per cent) and HSBC Insurance coverage (Asia Pacific) Holdings (26 per cent), the Asian insurance coverage arm of banking and monetary providers teams HSBC.