SBI Life Insurance Company Ltd. said it has signed a corporate agency agreement with city-based Repco Home Finance Ltd. to offer the company's range of products to RHFL customers.
The partnership would see over 148 branches and 27 satellite centres of RHFL spread across the country to offer SBI Life Insurance products to its customers, according to the agreement.
"The longevity associated with life insurance demands a very high level of consumer trust, which is built with tie-ups with highly credible distribution partners,” said M Anand, SBI Life Insurance, President (zone 2). “This tie-up with Repco Home Finance will help boost SBI Life's reach to new customers across geographies."
The tie-up will enable RHFL customers meet their diverse insurance needs, Yashpal Gupta, managing director and chief executive officer, Repco Home Finance Ltd.
"Consumers will have a direct access to SBI Life's wide range of products in protection, retirement, health, thereby empowering consumer to address their complete financial needs," Gupta said.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
