Bancassurance

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Definition: Bancassurance

Bancassurance

Quick Summary of Bancassurance

A combination of banking and insurance business. A high street bank, for example, might sell both mortgages and the life insurance policies that must go with them. Also applies to pension sales by banks.

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Sources

What is the dictionary definition of Bancassurance?

Dictionary Definition

A banking and insurance structure in which insurance is sold through the bank or the bank’s distribution channels

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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https://payrollheaven.com/define/bancassurance/
Modern Language Association (MLA):
Bancassurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 22, 2024 https://payrollheaven.com/define/bancassurance/.
Chicago Manual of Style (CMS):
Bancassurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bancassurance/ (accessed: May 22, 2024).
American Psychological Association (APA):
Bancassurance. PayrollHeaven.com. Retrieved May 22, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/bancassurance/

Definition Sources

Definitions for Bancassurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.