UGC Approved Journal no 63975(19)

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Published in:

Volume 5 Issue 11
November-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRN006017


Registration ID:
190577

Page Number

83-85

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Title

Bank Assurance: A Growing Channel For Insurance Distribution

Abstract

Life Insurance Industry in India has been progressing fast since this sector open up in 2000. The size of the country is filled with different types of people combined with problems and difficulties.Life insurance companies require enormous distribution of strength and large manpower to reach out to such a huge customer base. This distribution channel has undergone with paradigm shift as various insurance companies are proposing to bring insurance products into the lives of the common man by making them available at the most basic financial point like bank branches through Banc assurance. The Bank Insurance Model also sometimes known as Banc assurance is the term used to describe the partnership or relationship between a bank and an insurance company whereby the insurance company uses the bank sales channel to sell insurance products. The main objective of the paper is to analysis the performance of the Banc assurance and to know the growing trends of the Banc assurance in insurance sector.

Key Words

Life Insurance, Bancassurance, Distribution Channels, Customers..

Cite This Article

"Bank Assurance: A Growing Channel For Insurance Distribution", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.83-85, November-2018, Available :http://www.jetir.org/papers/JETIRN006017.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Bank Assurance: A Growing Channel For Insurance Distribution", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp83-85, November-2018, Available at : http://www.jetir.org/papers/JETIRN006017.pdf

Publication Details

Published Paper ID: JETIRN006017
Registration ID: 190577
Published In: Volume 5 | Issue 11 | Year November-2018
DOI (Digital Object Identifier):
Page No: 83-85
Country: Coimbatore, Tamil Nadu, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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