Kotak Life ties up with DHFL Vysya

MUMBAI: Kotak Life Insurance on Tuesday announced its tie-up with the Bangalore-based housing finance company, DHFL Vysya, which has tied up with the former as its corporate agent.

DHFL had already tied up with the Kotak Life Insurance in 2008, where the Insurance company provided group insurance cover to DHFL���s Home Loan borrowers.

The current partnership will sell some of Kotak Life Insurance���s key products such as Kotak Smart Advantage Plan, Kotak Retirement Income Plan and Headstart Child Plans. DHFL Vysya currently has 18 branches spread across Karnataka, Tamil Nadu, Andhra Pradesh, Pune, Mumbai and Noida.

Commenting on the tie-up, Gaurang Shah, Managing Director, Kotak Life Insurance said, "DHFL has a strong presence in the southern market specially Tier I and II cities. Through this alliance, we look forward to making deeper inroads into the southern market."