Bancassurance:
The sale of insurance and other similar products through a bank. This can help the consumer in some situations; for example, when a bank requires life insurance for those receiving a mortgage loan, the consumer could purchase the insurance directly from the bank. Some critics feel that bancassurance gives the bank too much control. Bancassurance is not legal in all countries, but it is legal in the United States.
First answer by ID2063550475. Last edit by ID2063550475. Question popularity: 7 [recommend question]
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Bancassurance? How bancassurance works? Is bancassurance a good job? Advantages of bancassurance?
