Max Life and Axis Bank may soon renew bancassurance tie-up
Updated : August 21, 2019 02:34 PM IST
Bancassurance partnerships are arrangements between an insurance company and a financial institution for the purpose of sale of insurance products through the bank’s branch network.
Max Life is in an advanced stage of discussions with Axis Bank: sources
Term-sheet for renewal of bancassurance pact could be signed in next 2-3 months: sources