Business Times

Commercial Bank to promote Life Insurance with Union Assurance

The Commercial Bank of Ceylon recently entered into a Memorandum of Understanding with Union Assurance PLC to offer life insurance products to the bank’s existing and potential customers.
The agreement envisages that the bank will offer insurance solutions based on Education, Investment, Retirement, Health and Protection, according to a Combank press release.

The extended branch network will enhance convenience to customers to purchase insurance products and to pay premiums, the bank said.


In the picture, Union Assurance Director Ms. Marina Tharmaratnam and Commercial Bank Chief Operating Officer Ravi Dias exchange the agreement. Others in the picture are (from left) Commercial Bank Deputy General Manager Personal Banking Nimal Luxman, Director Union Assurance Arjuna Goonaratne, Commercial Bank Senior Manager Bancassurance Lalith Karunadasa, Union Assurance Chief Executive Officer Dirk Pereira and Union Assurance General Manager Corporate Niranjan Nagendra.
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