
1) Type of insurance
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The bank insurance model (BIM), also sometimes known as bancassurance, is the partnership or relationship between a bank and an insurance company whereby the insurance company uses the bank sales channel in order to sell insurance products, an arrangement in which a bank and an insurance company form a partnership so that the insurance company can...
Found on
http://en.wikipedia.org/wiki/Bancassurance

The sale of insurance and banking products through the same channel, most commonly bank branches selling insurance....
more on BancassuranceFound on
http://moneyterms.co.uk/

An arrangement whereby banks and building societies sell insurance and investment products to their customers on behalf of other financial providers
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http://www.aviva.com/glossary/

The selling of both insurance and banking services, usually by a major bank
Found on
http://www.encyclo.co.uk/local/22643

A combination of banking and insurance business. A high street bank, for example, might sell both... <a target=_blank href='http://www.finance-glossary.com/terms/bancassurance.htm?id=1856&ginPtrCode=00000&PopupMode=false' title='Read full definition of bancassurance'>more</a>
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http://www.finance-glossary.com/pages/home.htm
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