IOB launches health care plus insurance policy

Indian Overseas Bank (IOB) in association with Universal Sompo General Insurance Co Ltd. has launched upgraded health care plus insurance policy. It is a co-branded insurance scheme exclusively designed for IOB customers with a sum insured starting from ₹50,000 and going up to ₹15 lakh. The policy issuance will be made on a real-time basis at the IOB branches to its customers. Self, spouse, dependent children, dependent parents can be covered under the policy.

Static/Current Takeaways Important For RBI Grade ‘B’ 2019:

  • MD & CEO of IOB: Karnam Sekar; Founded: 10 February 1937.
  • Headquarters: Chennai, Tamil Nadu.
  • Tagline: Good people to grow with.

Source: The Hindu

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