UnionBank of the Philippines, Insular Life Assurance sign bancassurance deal

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30 Jan, 2017 | 05:19

Author Asma Rafique
Theme Banking Insurance

UnionBank of the Philippines entered into a bancassurance agreement with Insular Life Assurance Co. Ltd.

Under the agreement, UnionBank and unit City Savings Bank Inc. will distribute and sell Insular Life Assurance's insurance products, the companies said in a joint statement.

The partnership is subject to regulatory approvals.