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Question: __________ is insurance companies tying up with banks to sell insurance products.

Options:

  1.  Franchising
  2.  Merger
  3.  Bancassurance
  4.  Insuranced linked banking

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1 Answer

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Best answer

3. Bancassurance

Bancassurance is insurance companies tying up with banks to sell insurance products.


More information from web:

Bancassurance means selling insurance product through banks. It is a partnership between a bank and an insurance company that aims to provide insurance products or insurance benefits to bank customers.

In this partnership, bank employees and banking system become a place of sales and customer contact.

Benefits and features of Bancassurance:

Here is list of features and benefits of Bancassurance.

Benefits and Features of Bancassurance

Read more about Bancassurance at gargicollege.in.

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