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US insurance firm inks pact with Mahabubnagar DCCB

Correspondent

MAHABUBNAGAR: Max New York Life Insurance Company has entered into an understanding with Mahabubnagar District Cooperative Central Bank to sell its policies to customers and depositors of the bank. Bank chairman K. Veera Reddy and assistant vice-president of the insurance company Ashish Kumar Jain signed the pact on Friday at the meeting of governing body of the bank.

Assistance available

Mr. Ashish Kumar Jain said right from one-year-old child to a 70-year-old could take policy of the company. A representative of their company would be appointed at the bank and persons desiring to take policy could take his assistance.

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