Module 10 : Financial Services offered by Retail Banks - Insurance Products and Bancassurance

Objectives Understanding ‘bancassurance' and its emergence in the UK Components of Bancassurance Finance and repayment products Depositor's credit and overdraft insurance How retail banks benefit from selling insurance 10.1 Introduction Banks now offer retail customers an array of useful and reliable services. In addition to conventional services such as account opening and closing, etc., banks now offer a range of insurance products, gold coins and funds, safekeep...