Mumbai: Barclays Bank PLC, which recently launched retail banking services in India, has tied up with ICICI Lombard General Insurance Company Ltd for bancassurance.
ICICI Lombard will provide exclusively designed non-life insurance products for Barclays retail customers.
It will also provide insurance products for Barclays customers who have availed themselves of credit cards, personal loans, SME loans, premier investment services or any other banking product, said a press release.
The insurer has designed health insurance policies for Barclays customers that can also cover check-ups, hospital allowances and ambulance charges.
Personal loan customers will have the option of increasing the loan amount to pay the premium on their policies and repay the amount along with their EMI payments.
Barclays currently has three branches in India, which are in Mumbai, Kanchipuram and Nelamangala, near Bangalore.
ICICI Lombard will provide exclusively designed non-life insurance products for Barclays retail customers.
It will also provide insurance products for Barclays customers who have availed themselves of credit cards, personal loans, SME loans, premier investment services or any other banking product, said a press release.
The insurer has designed health insurance policies for Barclays customers that can also cover check-ups, hospital allowances and ambulance charges.
Personal loan customers will have the option of increasing the loan amount to pay the premium on their policies and repay the amount along with their EMI payments.
Barclays currently has three branches in India, which are in Mumbai, Kanchipuram and Nelamangala, near Bangalore.
Bureau, The Hindu Business Line
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