Bancassurance is simply the distribution of insurance products through a bank. In Bancassurance, the bank serves as a distributor of insurance company’s products to its clientele.
This is a document that indicates the schedules attached to your insurance policy like the insurance company, the period of insurance, the premium paid and the limits of liability.
We normaly send out notifications to policy owner as a reminder of an almost due renewal
All changes to the policy can be requested at any time during the course of the policy provided the request is made in writing.
By contacting Parabank Bancassurance Intermediary Limited via e-mail,sms or phone. You will be required to provide the following.
In order to apply for a life insurance policy, you only need to provide;-
  • Insurance application form
  • Policy illustration of expected payouts
  • Auto debit instruction form
  • Third party disclaimer
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