Private life insurer Bajaj Allianz Life Insurance and private sector bank Dhanlaxmi Bank have tied-up for the latter to become a corporate agent of the insurer.
As part of the agreement, the bank will continue to be a corporate agent for nine years and sell life insurance products of Bajaj Allianz Life Insurance.
Dhanlaxmi Bank has been a partner of Bajaj Allianz Life Insurance since 2009 and has done business worth nearly Rs 400 crore.
All the life insurance products of Bajaj Allianz Life Insurance will be made available for the customers of Dhanlaxmi Bank.