Insurance
is a kind of investment and is getting popular among the customers of banks.
Insurance can be for life or for fixed assets. Banks do services for life
insurance. In earlier days people used to go for life insurance with Life
Insurance Corporation of India.; But now, banks also have entering into the
insurance business. ICICI Prudential Life Insurance is one such example. Life
Insurance is a unique investment that helps customers to meet their dual needs
– saving for life’s important goals. and coverage of risk. It helps one’s
family remain protected from circumstances such as loss of income due to
critical illness, retirement and even after the death of the policyholder.
Property insurance help in protecting at the assets.