Mahindra Insurance Brokers, NNSB ink MoU to offer life insurance solutions

Source: The Hitavada      Date: 21 Jun 2018 12:13:34


Business Bureau

NAGPUR Nagarik Sahakari Bank (NNSB) and Mahindra Insurance Brokers Limited (MIBL) have signed a memorandum of understanding (MoU) to offer customised life insurance solutions for the NNSB customers. This was announced by Subhash Godbole, CEO NNSB while talking at a press conference here in the city on Wednesday. “Under the arrangement, customers who have availed of a home, vehicle or personal loan from the bank, will also be covered for the amount of the loan, throughout the loan tenure. The new life insurance solution for our loan borrowers is a gift to all the customers of the bank on the occasion of the NNSB’s 57th Foundation Day,” Godbole said.

Dr Jaideep Devare, Managing Director, Mahindra Insurance Brokers Ltd said, “MIBL has been safeguarding livelihoods across rural India, having serviced over 1 crore insurance cases, since inception. We have been continuously reinventing our offerings and effectively leveraging new age technology to drive positive change.” Promiently present were directors of NNSB Rajesh Lakhotia, Ramesh Pasari, Ravindra Bokare, Nilkant Devangan and others.