Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/14452
Title: Prospects of Bancassurance in India
Authors: Sumninder Kaur Bawa
Subash Chander
Keywords: Bancassurance
CRM RO
RandD
GDP
One Stop Shop
Productivity
Value added Service
Issue Date: 2009
Publisher: Journal of Accounting and Finance
Abstract: Bancassurance is the most valuable channel of distribution for insurance companies. It is basically the marketing of insurance products through the banking network. The entire banking network caters the needs of people in every economic segment and in widely diverse geographical regions. Thus, banks could change the face of insurance distribution. Therefore, this article focuses on the concept of Bacassurance in India, its models, performance and its prospects in India. Currently, life insurers have just touched the tip of the iceberg in terms of penetration with just about 2% of rural population being insured. Bancassure can catalyst the growth of insurance in this huge untapped market
URI: http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/14452
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