HDFC Life Insurance Company Limited on Tuesday said it has entered into a corporate agency arrangement with Yes Bank.
Yes Bank as a corporate agent of HDFC Life can sell a range of life insurance products to its customers.
Life insurance is an important financial tool for covering the risk of mortality, morbidity and longevity.
"There is a huge potential for insurance coverage across life & health protection, savings and annuity products in our country. With our bancassurance experience we aim to offer a comprehensive suite of product solutions and best in class servicing, leveraging our investments in technology," Suresh Badami, Executive Director, HDFC Life said
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