Federal Bank and Star Health Insurance tie-up for bancassurance

Federal Bank has joined hands with India’s first standalone health insurance company, Star Health and Allied Insurance Co Ltd as a corporate agent to provide a wide range of innovative health insurance products for the Bank’s 8.90 million customers spread over 1,291 banking outlets across the country.

The Bank’s customers can avail benefits of Star Health’s retail products and group affinity products through the bank’s various distribution channels which help the customers to address their complete financial needs under one roof. It is a partnership between a bank and an insurance company that would enable them to offer insurance products to the bank’s customers.

Important For All Exam 2021:

Federal Bank Establishment: April 23, 1931;

Federal Bank Headquarters: Aluva, Kerala;

Federal Bank Managing Director & CEO: Shyam Srinivasan;

Federal Bank Tagline: Your Perfect Banking Partner.