InsuranceConditionally renewable Reasonable expectations Catastrophe deductible Independent agent Dynamic risks Indemnify
Affinity sales
Insurance can be sold through groups such as professional and business associations, providing coverage for members at a discounted rate. This method, known as group insurance, allows individuals to access insurance policies that may not have been available to them otherwise. By pooling together members of a group, insurance companies are able to offer lower premiums and better coverage options. This can be especially beneficial for those who may not have access to affordable insurance through traditional means. Through group insurance, individuals can protect themselves and their businesses while also saving money.
Related terms
Understand the meaning and definition of Conditionally renewable in the context of stock market, trading, and investments.
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MOREUnderstand the meaning and definition of Catastrophe deductible in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Independent agent in the context of stock market, trading, and investments.
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