Business, Legal & Accounting Glossary

Definition: 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.

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

Cite Term

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.

Page URL
Modern Language Association (MLA):
Bancassurance. Payroll & Accounting Heaven Ltd. October 21, 2021
Chicago Manual of Style (CMS):
Bancassurance. Payroll & Accounting Heaven Ltd. (accessed: October 21, 2021).
American Psychological Association (APA):
Bancassurance. Retrieved October 21, 2021, from website:

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 | 2 Views.