Aditya Birla Health Insurance in Bancassurance Partnership with Punjab & Sind Bank

New Delhi: Aditya Birla Health Insurance Company Limited (ABHICL), the health insurance joint venture of Aditya Birla Capital Limited (ABCL), on Friday announced the signing of a bancassurance partnership with Punjab & Sind Bank for distribution of health insurance products. . Bank’s network of branches across India.

This partnership will enable ABHICL to expand its national footprint and access Punjab & Sind Bank’s widely distributed network of 1,528 branches and its customers.

Punjab & Sind Bank’s customers and employees will have access to ABHICL’s comprehensive suite of health-first insurance plans, aimed at encouraging customers to practice a healthy lifestyle through innovative products such as 100% Health ReturnsTM and Chronic’s Incentive Wellness To reward with profit. Management Program, Day 1 covers for Asthma, High Blood Pressure, High Cholesterol, Diabetes; wellness coaching on nutrition and fitness; Counseling on mental health among others.

With this, ABHICL now has 18 Bancassurance Partners with over 70,000 Direct Selling Agents across India.

Swaroop Kumar Saha, MD & CEO, Punjab & Sind Bank said, “… in line with our customer first approach, we are delighted to share the Aditya Birla Health Insurance protection and health first solution with all our customers.”

Mayank Bathwal, CEO, Aditya Birla Health Insurance said, “…this alliance is a significant push towards our distribution growth plan, which will see us continue to provide need-based, cost-effective and technologically advanced health insurance solutions to millions of people.” Punjab & Sind Bank customers across India. This alliance will further help us in our vision of health insurance for all.”

ABHICL has more than 200 branches with diversified presence in more than 4800 cities spread across the country. With a vast network of over 10,000 hospitals, ABHICL can provide health insurance coverage to deep and under-penetrated parts of the country. Punjab & Sind Bank customers will benefit from a diverse range of new-age products introduced by Aditya Birla Health to ensure a healthy life for themselves and their loved ones.

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