Bancassurance

Bancassurance lets the institution sell insurance cover alongside its lending and savings products. This area covers the full policy lifecycle, claims, commission income, and the partner and product catalogue.

This section covers:

• New Quote — A guided quotation wizard that builds an insurance quote for a member before binding a policy. The officer picks a product, enters
• Policies — The central register of every member insurance policy issued through the institution. Staff see status, cover amount, premium sche
• Claims — Where insurance claims raised against member policies are logged, assessed and tracked to settlement. The handler captures the los
• Commissions — Tracks the commission the institution earns for distributing each insurance policy. Records show the commission rate, the earned a
• Configuration — Configuration holds the master data for bancassurance — the insurance product catalogue and the underwriting partners that back ea