A corporate agency agreement has been inked between ICICI Prudential Life Insurance and NSDL Payments Bank. Under the agreement, ICICI Prudential Life will provide its customer-centric protection and savings products to customers of NSDL Payments Bank. These insurance products will enable NSDL Payments Bank customers to achieve their financial goals and provide financial security to their families. To start with, ‘iProtect Smart’, a term plan that offers protection and ‘ICICI Pru ASIP’, a unique savings product offering guaranteed maturity benefits, will be provided.
Mr. Ashutosh Singh, CEO, NSDL Payments Bank said, “The partnership with ICICI Prudential Life Insurance is a significant one as it will allow our customers the opportunity to discover some of the most relevant products for their lifestyle and income levels.” Mr. N S Kannan, MD & CEO, ICICI Prudential Life Insurance, said, “The key objective of both the partners is to leverage technology to provide a hassle-free and immersive experience to customers. This partnership will help the bank’s customers leverage our digital platform to conveniently purchase