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what is the diffrence between banking and insurance domain?
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Answer / satish
banking domain contains various types of transtions like
(debit,withdrawl,homeloans,personalloans,credit cards)
whereas insurance contains types f plans like
(health,child,graduaty)
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / jaydeep
banking only deals with your financial transaction which
may be in different mode like deposting of cash,doing
FDs,etc wereas insurance is the contract between company
and individual that if any type of mishappening takes place
company will pay some lumsum amount for it.
| Is This Answer Correct ? | 3 Yes | 2 No |
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