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Bancassurance Agreement between NIC Asia Bank and Union Life Insurance

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Bancassurance Agreement between NIC Asia Bank and Union Life Insurance
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August 1: NIC Asia Bank and Union Life Insurance have signed an agreement to commence bancassurance service to their customers. The bank’s Officiating CEO Roshan Kumar Neupane and the insurance company’s CEO Manoj Kumar Lal Karna signed the agreement on the behalf of their respective ogranisations on Sunday, July 29.  

 Following the agreement, the bank’s customers can easily avail life insurance service provided by Union Life Insurance through all the branches of the bank.

The bank said in a statement that it has been providing service through 233 branches, 221 ATM counters, 14 extension counters and 15 branchless banking units across the country.

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