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what is the difference between banking and insurance domain?

Answer Posted / mukesh

vary simple answer is in banking domain you
to intracts with customers to manage their accounts
safty of their money ,easiy transation
methods ,management of diffrent barach account , all
possible way transation like electronic transations etc ,
report to client transation , Recovery of any flase
transation . And security of infornation ..

while in insurance domain any company define
their polocy and plan customer invest their money .
customer gets benefit accoding to their paln .but
in case any accident and injury . customer claims to
insurance company for their benefit .(now claim shold
be in differnt mode this accoding to software
requirements of the clients ). On the basis of their
claim compny provides benefit . otherwise customer can make
case to laws of country against the company .
There are so many type of insurance
are there . . .
i hope you get your answer or contact
mukesh 9242713864.

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