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Imposing insurance on bank customers on the basis of negative response is a non-ethical selling. Do you agree? why?

Non ethical selling in bancassurance

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Question added by Tariq Omer , Sr. Trainer and Consultant Insurance , Watan First Institute
Date Posted: 2016/09/24
Radwan Shamasneh
by Radwan Shamasneh , دائرة اجازة التمويل - وسيط تأمين مصرفي , البنك الاسلامي الفلسطيني

good greeting

  The insurance is something essential for the protection of both parties

From the positive side of the bank, it protects the bank from losing money shareholders in the event of the death of the beneficiary of the funding, and the other thing is that the banks earn commissions from the sale of bancassurance

And also have a positive role to the beneficiary of that in the event of death, the heirs have reservations on the car or property that may be taken by the late beneficiary bank

Insurance does not enjoy widespread acceptance by the customers, but they are unaware of the great purpose for which insurance from behind and from our role as a bank to convince customers and to accept insurance

 thx sir

shamasneh

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