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wat is bancasuurance & how to counter if an employee of a broker house wants to sell his product.

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Q: What can insurance brokers do to counter bancassurance?
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Related questions

What is the insurance that bank offer?

it is known as bancassurance


Why bancassurance is important?

The bancassurance is also known as the bank insurance model or BIM. It represents the relationship between a bank and an insurance company and is important in the role of sales.


What is a bancassurer?

A bancassurer is an organization operating a bancassurance scheme.


What is 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.


What is the role of auto insurance brokers?

The role of auto insurance brokers is to sell some type of insurance. For example, the role of insurance brokers is to sell insurance on behalf of different insurance companies.


Where can one find business insurance brokers in the UK?

Business insurance brokers can be found in the UK at Giles Insurance Brokers Ltd, Higos Insurance Services, Marsh & Company, Regency Brokers and Blue Fin Group.


Which insurance brokers offer services to small businesses?

Virtually all insurance brokers will offer insurance to small businesses. To name a few: Outsurance, Santam, Auckland insurance, Aon, Brokers Trust insurance and many more.


Who sells commercial insurance?

Most insurance agent and or insurance brokers


What do Insurance Brokers do for you?

Insurance brokers find good deals that can benefit you and get low prices for your insurance. Unfortunately, they can be very expensive and greatly affect your wallet.


On what basis are insurance brokers employed?

Brokers, in contrast to agents, do not necessarily work under the authority of an insurance company. Rather, brokers place insurance policies for their clients with the carrier offering the most appropriate rate


Where can I get a listing of insurance agents and brokers in Phoenix, AZ?

You can find a list of insurance agents and brokers in Phoenix Az at lawyers.com.


What type of insurance does Willis Global Insurance Brokers sell?

Willis Global Insurance Brokers sell life insurance as well as political insurance, environmental insurance, and a plethora of other insurance services. They also do risk assessment.