Standalone health insurer Apollo Munich Health Insurance said it is expanding its footprint across the country with bancassurance tie-up with state-owned Dena Bank.
Under the tie-up the bank will distribute customised Apollo Munich Health insurance and personal accident policies to the bank’s 20 million customers nationwide, a release issued here said.
Apollo Munich Health has developed specialised health insurance solutions with distinctive benefits and an uncomplicated application process, exclusively for Dena Bank customers.
“Since our first bancassurance tie-up in 2013, we have seen a growing trend in the number of people buying health insurance policies through their banks. Our tie-up with Dena Bank helps to strengthen our vision to be a trusted leader in the health insurance sector,” Apollo Munich Health Chief Executive Officer Antony Jacob said.