The Bundesbank and Star Health Insurance are joining forces for Allfinanz


Federal Bank has partnered with Star Health and Allied Insurance Co Ltd as corporate agents to offer a wide range of innovative health insurance products to the bank’s 8.90 million customers in 1,291 bank branches across the country. The bank’s customers can take advantage of the retail and group-related products from Star Health through the bank’s various sales channels, thus covering all of their financial needs under one roof.

Comment on the new bond; Shalini Warrier, Executive Director & Business Head – Retail at Federal Bank, said: “We are very excited to be working with Star Health Insurance, one of the leading players in the independent health insurance industry in India. This is a significant milestone for both Star Health and Federal Bank. Through this partnership we will be able to offer our customers a wide range of affordable health insurance products. We look forward to the alliance with Star Health Insurance. “

Talking About Binding For Bancassurance; Anand Roy, Managing Director of Star Health and Allied Insurance Co. Ltd. said, “At Star Health, we believe that health insurance is essential for every citizen. Our strategic cooperation with the Bundesbank will help us to reach their customers and give them the opportunity to protect themselves against rising healthcare costs. We are very pleased to announce this collaboration with the Bundesbank, one of the leading commercial banks in the private sector, and we look forward to a long-term, mutually beneficial partnership. “

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