Documente Academic
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MEANING:
The nature and behavior of business is governed by
environmental changes. In a developing economy where financial
institutions are expected to shoulder multi-faceted social burdens in
addition to the task of mobilizing and channelising resources, it is
necessary that professionalism should be developed. Due to mounting
problems of regional imbalances like making of marketing decisions
are complicated in insurance business.
Bancasssurance
Benefits of bancassurance: