what types of insurance are sold at banks 
depending on the country and the particular bank consumers can buy a wide variety of insurance at their local banks including life health and property and casualty insurance however life insurance is the dominant product in the u s and most of the world in 2018 for example about 29 of life insurance globally was sold through bancassurance while only about 2 of property and casualty insurance was according to mckinsey company 7the bottom linebancassurance is not a type of insurance but a sales channel for the selling of insurance products through banks it is common in much of the world today and growing in acceptance in the united states for banks and insurance companies bancassurance can be a profitable enterprise for consumers it can be convenient although it may discourage comparison shopping and limit their access to expert advice 