Harvard marketing professor Theodore Levitt expressed it very well when he said: “People going into a hardware store to buy a quarter-inch drill bit don’t really want a quarter-inch drill. They want a quarter-inch hole.” So before delving into the core substance of generating health insurance leads, let me ask you a simple question. Well, it is simple. You want to generate more leads so that you can sell more policies. But there is a puzzle. It is not about how many leads you can generate, but how you can generate more quality leads. Valuable Tips for Generating Quality Health Insurance Leads In health insurance, traditional marketing and purchasing lead data continues to...
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This article attempts to describe the basic coverage that is available under boat and yacht insurance policies, and the items that should be considered before selecting a policy*. We will also point out the factors that the marine underwriter contemplates when determining the rate to charge a client. We hope that this will assist in making a more informed decision when purchasing insurance for your boat. Only you can decide on the right combination of coverage and price that suits your needs. Start with the Basics The liability section, sometimes referred to as Protection & Indemnity, covers your legal obligations to third parties. This legal liability can arise from bodily injury or...
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What does AXA single and multi-trip travel insurance cover? We’re right by your side keeping you safe, wherever your travels take you! AXA’s your only destination for superb, flexible worldwide travel insurance. Choose from our single trip travel insurance, which covers you up to a year in advance in case of cancellation, to our annual multi-trip travel insurance, which covers you for up to 45 days travel per trip for a year. And, you can travel as many times as you like in a policy year, to Europe, or choose Worldwide, including or excluding the USA, Canada and the Caribbean. Simply choose from our three levels of cover, Bronze, Silver or Gold to give you the protection you...
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An irrevocable life insurance trust (ILIT) is a trust that cannot be rescinded, amended, or modified, post creation. ILITs are constructed with a life insurance policy as the asset owned by the trust. Once the grantor contributes property or life insurance death benefits to the trust, he or she cannot change the terms of the trust or reclaim any of the properties held within. As an alternative to naming an individual beneficiary, ILITs offer several legal and financial advantages to heirs, including favorable tax treatment, asset protection, and the assurance that the benefits will be used in a manner concurrent with the benefactor's wishes. Key Takeaways [FORMAT TO PROPER CALL OUT BOX...
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When buying life insurance, most good advisors recommend that you go in for a pure term plan. A pure term plan is an insurance policy that offers life cover (with no investment component, bells or whistles – we’ll tell you why you don’t need those in a later article) for a specific ‘term’ or period of your life. So, one of the key questions that insurers ask you when choosing a term plan is the length of coverage you seek. Would you like the plan to cover your life until you turn 60, 70 or 80? How about getting covered until the age of 99? The latter are called whole life plans. Most folks, when offered the choice of stretching the term of their life insurance policy are quite tempted to...
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Even for those who feel like they’re at the peak of life, the future is never certain, so thinking through the financial implications of a sudden illness or accident can be a wise move. Does that mean you need life insurance? If there are people in your life who depend on your earnings, and you don’t have an enormous bank account to leave behind, the answer is likely “yes.” For parents, entrepreneurs—even young people with outstanding student loans—the promise of a death benefit can provide peace of mind that your family or business associates will be protected. Who Really Needs It? The key question when it comes to buying life insurance is whether there are people in your life,...
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Consolidated net income in 2018: $6.35 billion Consolidated net premium earned in 2018: $44.4 billion Number of employees: c. 58,000 Ranking in the 2018 Fortune 500 list of companies: No. 36 State Farm is a large group of insurance and financial services firms based in the US. The group’s parent company is State Farm Mutual Automobile Insurance Company, which is a mutual insurance company based in Bloomington, Illinois. State Farm is best known for offering property and casualty (P&C) insurance products, especially in personal lines. According to SNL Financial Data, State Farm insures more cars and homes than any other insurer in the US. As well as offering P&C insurance,...
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