What is meaning of Bancassurance

By | February 6, 2018

#Daily_One_Banking_Term

Meaning of term Bancassurance:

▪ Bancassurance refers to the distribution of insurance products and the insurance policies of insurance companies which may be life policies or non-life policies like home insurance – car insurance, medi-policies and others, by banks as corporate agents through their branches located in different parts of the country by charging a fee.

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