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what is the difference between banking and insurance domain?
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Answer Posted / amit anam
difference between banking and insurance
banking:the word banking is related to the 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 insurance means 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
| Is This Answer Correct ? | 9 Yes | 23 No |
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