Union Bank To Offer Insurance Products After Merger With Andhra Bank And Corporation Bank

Money & Banking
Our Bureau,

Mumbai | Updated on

July 03, 2020

Published on

July 03, 2020

Following the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) with effect from April 1, the 9,500-plus branches of UBI will offer insurance products of three life insurers, four non-life insurers and two standalone health insurers.

The branches of UBI will offer life insurance products of SUD Life Insurance Company, India First Life Insurance Company and Life Insurance Corporation of India; and non-life insurance products of Bajaj Allianz General Insurance Company, New India Assurance Company, Chola MS General Insurance Company, and United India Insurance.

Further, they will offer health insurance products of Religare Health Insurance and Manipal Cigna Health Insurance, the public sector bank said in a statement.

The continuation of the corporate agency tie-ups will facilitate uninterrupted post sales services to the policy holder customers of erstwhile Andhra Bank and Corporation Bank, it added.

Published on July 03, 2020

RECENT NEWS

USAA Delivers Advice, Financial Assistance As Government Shutdown Continues

           FOR THE LATEST DATA ON USAA SHUTDOWN RELIEF, VISIT USAA STORIES: LINK Read more

UPDATE: USAA Delivers $150 Million In Loans Within 48 Hours To Serve Members Impacted By Government Shutdown

FOR THE MOST UP-TO-DATE DATA ON USAA SHUTDOWN ACTIVITY, VISIT USAA STORIES: LINK Read more

USAA Names Rob Arena President Of Life Insurance Company

Sep 30 2025 SAN ANTONIO – September 30, 2025 – USAA has appointed Rob Arena as Preside... Read more

USAA Prepares Financial Assistance To Serve Members Impacted By Potential Government Shutdown

No-interest loan and payment relief options among the benefits that eligible members can access Read more

USAA, NFL Extend Long-standing Partnership

USAA to continue providing exceptional Salute to Service NFL experiences to the military community Read more

Nearly Half Of Gen Z Doesnt Know What Affects Their Credit Score, According To New USAA Report

Study Reveals Gaps in Young Adults’ Credit Knowledge and Optimism for Financial Growth Read more