According to the IC, all bancassurance agreements must include a clause requiring

insurance firms to submit reportorial requirements, including yearly reports containing a

list of the banks with which they have validly inked bancassurance agreements.

In general, bank personnel's duties in bancassurance should be limited to referring

customers to representatives of insurance companies. Bank workers who have earned
the requisite training and qualifications, on the other hand, may give preliminary
presentations of the bank's insurance products as part of their job in presenting product
possibilities to bank clients.