Dhanalakshmi
Bank to sell MetLife products
Our Banking Bureau
16 April 2002
Thrissur:
The city-based
Dhanalakshmi Bank has entered into the field of distributing
life insurance products under a tie-up with MetLife India,
an affiliate of the Metropolitan Life Insurance Company
of the US.
At a function to mark the
launch of the bank into the distribution of insurance products at
Thrissur, T M Venkataraman, the bank’s chairman, handed over the
first application for the MetLife Policy to MetLife India managing
director Venkitesh Mysore.
Initially the bank will
be distributing a whole-life policy (Met 100), an endowment
assurance policy (Met Shanti) and a money back assurance policy
(Met Sukh), a press release said.
“While the bank will be marketing these products through the
dedicated staff of the bank, steps are on to develop specific
products with the Dhanalakshmi brand name,” Venkataraman said.
“The association with Met Life India will help the bank in its
objective to provide a wide range of financial products to its
clients.”
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