 "AEGON Religare Life ties-up with YES Bank for collecting insurance premiums")
AEGON Religare Life Insurance ties-up with YES Bank for collecting its insurance premiums. This will be a convenient way for customers to pay their renewal as well as new business premiums. One can do so at any YES Bank branch across India.
The customer needs to fill in the deposit slip, mention his policy number, name and contact number on the reverse of the instrument, while issuing the same in favour of AEGON Religare Life Insurance Company Limited. They then receive a premium payment acknowledgement receipt immediately, upon payment across the bank counter.
Yateesh Srivastava, Chief Operating Officer of ARLI says, “YES Bank accesses real-time data of a particular policy and will collect the due premium. Any new branches added by YES Bank will be made available to the customers to make the renewal premium payment."