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Definitions from the Web

Bancassurance

Description:

Bancassurance refers to the arrangement where banks and insurance companies form partnerships to provide insurance products through bank branches. It is a distribution strategy that allows customers to access insurance services conveniently at their local bank.

Usage as Noun:

1. In the world of finance, bancassurance is a growing trend where banks offer various insurance services to their customers.
2. The bank's newly launched bancassurance division aims to provide one-stop financial solutions to its clients.
3. Many customers prefer bancassurance as they appreciate the convenience of being able to purchase insurance policies at their local bank branch.

Usage as Verb:

1. The bank decided to bancassure by partnering with a well-known insurance company to offer a wide range of insurance options to its customers.
2. The insurance industry is witnessing an increasing number of banks willing to bancassure due to the potential for increased sales.
3. The bank plans to bancassure by incorporating insurance services within their existing product offerings.

Related Products on Amazon:

• Books on Bancassurance
• Bancassurance Insurance Policies
• Resources on Bancassurance Partnerships