%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(22).png)
- This partnership, known as a bancassurance alliance, combines the strengths of both organizations: IPPB's extensive network of 650 banking outlets and 110 million customers, and PNB MetLife's expertise in life insurance products.
- The main goals of this alliance are:
- Enhancing Financial Inclusion: By offering life insurance solutions through IPPB's wide reach, more individuals, especially in underserved areas, can access financial protection.
- Providing Financial Security: This collaboration aims to ensure better financial security for customers by offering comprehensive life insurance products tailored to their needs.
Question:
1 What type of partnership has been established between IPPB and PNB MetLife India Insurance?
- A) Co-branding agreement
- B) Bancassurance alliance
- C) Mergers & Acquisition (M&A)
- D) Insurance privatization initiative