DCCB to sell Max New York Life products

Hyderabad, Jan 12 (UNI) Max New York Life (MNYL) and Hyderabad District Cooperative Central bank (DCCB) today announed a strategic tie-up to sell MYNL's life insurance products through the bank.

MYNL Vice President and Rural Business Head R P Singh and DCCB General Manager Shiva Koteshwara Rao signed the three-year agreement.

Speaking to newsmen here, Mr Singh said ''this alliance is in line with our commitment to bring the true value of life insurance to a large section of people.

The DCCB with its strong customer relationships presents an excellent opportunity for Max to expand its insurance business in rural region.'' MYNL would tailor its products according to the needs and affordability of those in rural areas. Important factors like education of children, daughter's marriage and flexible premium payment options would be taken into account while planning the products for the bank's customers, he added.

UNI