|Bancassurance at ADIC|
ADIC Retail is a unit dedicated to driving the sales of ADIC products within the Diamond Bank Group. The development of new products and the administration of insurance services to cater for the needs of the Group’s clients are key objectives of this.
Bancassurance is the provision of Insurance and Banking products and services through a common distribution channel or network (Bank Channels) to both existing and potential customers.
BANCASSURANCE PRODUCTS WE OFFER
1. STAND ALONE PRODUCTS (Are not tied to any loans)
These are Insurance products that are sold along with consumer or commercial loans and comprise of;
Benefits to the customer
Bancassurance allows an individual the convenience of obtaining both banking and insurance products from the bank at the same time. For those consumers who prefer the “brick and mortar” approach, they can easily walk into any of their bank’s network of branches and receive personal advice from the sales staff. Some banks also offer more than one insurer’s product which means that the customers will have more choices.