Canara Bank launches ‘Webassurance’ with 4 life insurance products
- Public Sector Bank, Canara Bank in association with its life insurance partner, Canara HSBC Oriental Bank of Commerce Life Insurance has announced the launch of ‘Webassurance’.
- ‘Webassurance’ will enable the bank’s customer to purchase life insurance products from the bank’s website. Four life insurance products of Canara HSBC OBC Life would be made available to customers of Canara Bank.
- Canara HSBC OBC Life is jointly owned by two public sector banks Canara Bank (51 percent) and Oriental Bank of Commerce (23 per cent) and HSBC Insurance (Asia Pacific) Holdings (26 per cent).
Points to remember:
- Which bank has launched the ‘Webassurance’?
- Name of the insurance tool launched by Canara Bank?
- Share of Canara Bank in Canara HSBC OBC Life Insurance?