Central Bank of India
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Bancassurance

With a view to provide “one stop banking” to the valued customers, Central Bank of India has undertaken selling and distribution of Life Insurance , General Insurance and Health Insurance Products of most trusted Insurers through its branches. The Bank has tied-up with Life Insurance Corporation of India and TATA AIA Life Insurance Corporation Ltd to undertake Life Insurance Business, Bajaj Allianz General Insurance Company Ltd. and The New India Assurance Company Ltd. to undertake Non-Life Insurance Business and Apollo Munich Health Insurance Company Ltd to undertake Standalone Health Insurance business as corporate agent of all the Insurance companies on fee basis without any risk participation.

Bank has trained a good number of its officers who have been authorized by IRDA to act as Specified Persons for selling insurance products.

Some of the most popular plan/products are as under:

Life Insurance Corporation of India

·         Unit Linked Plan

·         Whole Life Plan

·         Children’s Plan

·         Money back Plan

·         Endowment

·         Pension

·         Health Insurance

·         Group Insurance plan

·         Jeevan Plus

·         Bima bachat

TATA AIA Life Insurance Co Ltd.

·         Protection Solutions

·         Savings Solutions

·         Retirement Solutions

Bajaj Allianz General Insurance Co Ltd. & The New India Assurance Co Ltd.

·         Property Insurance

·         Motor Insurance

·         Health Insurance (Group & Individual)

·         Personal Insurance

·         Fire Insurance

·         Burglary Insurance

·         Engineering Insurance

·         Package Insurance

·         Travel Insurance

Apollo Munich Health Insurance Co Ltd.

·         Stand Alone Health Insurance

These Products are sold through all our branches throughout the country besides other products of respective Insurance Companies.

Customer may bank on us for their Insurance needs too. For further details please contact the Branch Manager of our nearby Branch.

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