Business

Prudential, Military Bank launch bancassurance

Prudential Vietnam Life Insurance and Military Bank (MB) have inked a deal to launch “bancassurance.”
Prudential Vietnam Life Insurance andMilitary Bank (MB) have inked a deal to launch “bancassurance.”

In the first phase, the two partners will sell life insurance formortgage loans and income/asset loans. Prudential will pay off theremainder of the loan, if the customers dies or is permanently disabled.

Next year, Prudential plans to send consultants to each MB branch toadvise customers./.
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