Bancassurance

Insurance provided by a bank. For example, a bank could offer life insurance in addition to its savings, loan, and investment services. Proponents argue that bancassurance can streamline internal and government regulations. For example, a bank offering a mortgage may require borrowers to buy homeowners insurance; if bancassurance is available, the borrower could purchase a policy directly from the bank without needing to shop around. However, bancassurance is somewhat controversial; critics contend that allowing banks to sell insurance gives them too much control over the financial services sector. As a result, some countries prohibit it. The United States has allowed it since the passage of the Gramm-Leach-Bliley Act.

单词	bancassurance
释义	bancassurance bancassurance (ˈbæŋkəˌʃʊərəns) n (Banking & Finance) the selling of insurance products by a bank to its customers[from French banc bank + assurance assurance] Translations bancassurance Bancassurance Bancassurance Insurance provided by a bank. For example, a bank could offer life insurance in addition to its savings, loan, and investment services. Proponents argue that bancassurance can streamline internal and government regulations. For example, a bank offering a mortgage may require borrowers to buy homeowners insurance; if bancassurance is available, the borrower could purchase a policy directly from the bank without needing to shop around. However, bancassurance is somewhat controversial; critics contend that allowing banks to sell insurance gives them too much control over the financial services sector. As a result, some countries prohibit it. The United States has allowed it since the passage of the Gramm-Leach-Bliley Act.
随便看	dnts dntsc dntss dntt dnttah dntu dntv dnu dnua d-nuca dnue dnug dnus dnv dnva dnvc dnvd dnvf dnvn ccamu ccan ccanb ccanh ccano ccans