Certificate in Bancassurance

Bancassurance

About Bancassurance

A connection between a bank and an insurance provider is known as bancassurance. It aims to provide insurance benefits or products to the bank's clients. In this arrangement, bank employees and tellers operate as the customer's point of contact and point of sale.

Why is Bancassurance important?

The benefit of bancassurance is:

• The right product: It gives customers a personalized insurance option.
• Right Place: They are already there for their banks, where they go for their financial requirements. This enhances the clients' entire experience.

Who should take the Bancassurance Exam?

• For people who have recently graduated from high school or are just starting their careers and want to pursue a career in bancassurance, this qualification is the ideal starting point.
• This certification might lead to other areas of study or practice in bancassurance if you are currently a financial advisor or insurance agent who wants to have a basic understanding of the subject.
• Additionally, this qualification can be included in the induction materials used by businesses looking to improve worker understanding in this area.
• The sales personnel of banks who sell or distribute insurance products are recommended to take this exam.

Bancassurance Certification Course Outline

1. Introduction to Insurance Industry and Bancassurance
2. Life Insurance Products and their Mechanisms
3. General Insurance Products and their Mechanisms
4. Risk Management
5. Identification of Clients’ Insurance Needs and Sales Cycle
6. Ethics and Regulatory Framework