Multiple choice

Distribution of banking products in the insurance companies using the network of insurance agents is known as bankassurance.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Bancassurance (also called Bank Assurance) is the distribution of insurance products through bank branches using the bank's customer base and distribution network. The statement incorrectly reverses this - it describes insurance companies selling banking products, not banks selling insurance.

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