Bancassurance is a form of partnership with Banks and Life Insurance Company to sell Life & other insurance facilities. While tagged with banking products, this can be a perfect tool to hedge the credit risk arising due to death & other insurable health hazards. To put it simply, Bancassurance tries to exploit synergies between both the insurance companies and banks. Bancassurance if taken in right spirit and implemented properly can be win-win situation for all the participants’ viz., banks, insurers and the customer.
When you partner with the Guardian Life Bancassurance team, you will find it’s our people who build lasting, collaborative relationships with you-providing greater value to your Banking business. Our team of experts is ready to analyze your needs and create an innovative cost-effective solution designed to enhance the value of your customers. We hold the commitment of our sponsor’s i.e. Apex, Brac & Square “to revolutionize the insurance spectrum of Bangladesh”. We are excited to partner with you.