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Max Life, AP district co-op banks tie-up for life insurance business

Max New York Life (MNYL) and the District Cooperative Central Bank Ltd, Mahabubnagar enter into a referral tie-up. MNYL will make use of branch network of the district bank to sell its life-insurance products.

Apnainsurance.com Research Bureau

01 Sep 2008

Max New York Life (MNYL) and the District Cooperative Central Bank Ltd., Mahabubnagar have entered into a referral tie-up. MNYL will utilize the branch network of the district bank to sell its life insurance products. The tie-up will further reinforce the company's rural presence in Andhra Pradesh.

MNYL's insurance products will be sold through a network of 120 branches of the district bank.