Traditionally, insurance policies have been sold directly by the
insurance company’s agent. Now they are even being sold online.
Recently, the concept of bancassurance i.e. the sale and distribution of insurance products through banks has also gained significance. Many insurance companies have tied up with banks to sell insurance products. One of the advantages of purchasing a policy through a bank is the enhanced convenience of receiving financial advisory services under one roof. It also means easy access for premium payments and claims, if any.
http://www.myallagents.com/Life-Insurance-FAQs/details.html
Recently, the concept of bancassurance i.e. the sale and distribution of insurance products through banks has also gained significance. Many insurance companies have tied up with banks to sell insurance products. One of the advantages of purchasing a policy through a bank is the enhanced convenience of receiving financial advisory services under one roof. It also means easy access for premium payments and claims, if any.
http://www.myallagents.com/Life-Insurance-FAQs/details.html
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