The phrase
"prospective policyholders" refers to people who might possibly become customers of an insurance company in the future.
Full definition
An insurance company's financial strength is important
for prospective policyholders because it points to the company's ability to pay out claims.
Insurance companies therefore ask
prospective policyholders about these habits before evaluating how much premium should be charged for his / her term policy.
It has a pretty standard offering and website, and
gives prospective policyholders the option of completing a quote online or through one of its 1,400 agents.
The information will bring about more transparency by
providing prospective policyholders clear information about the amount that has been collected from them as brokerage or commission, the circular said.
Insurance companies often provide one to
prospective policyholders so the latter has an idea of the cost of purchasing coverage from that particular insurer.
It has a pretty standard offering and website, and
gives prospective policyholders the option of completing a quote online or through one of its 1,400 agents.
Ride Sharing:
Prospective policyholders in Colorado and Illinois have the option to add coverage when driving for Uber, Lyft or other ridesharing apps.
Insurers are also using their mobile applications for creating awareness not only basic policies but also
helping prospective policyholders calculate how much cover of insurance do they need for the various life stages.
Prospective policyholders want RETURNS on their insurance investments (don't like to say it as an investment) & most of the intermediaries also try to sell (mis - sell) traditional plans to meet the demands of their prospects and also they do get higher commissions.
Prospective policyholders looking for the most suitable policy at the most affordable price can benefit from getting multiple quotes from different insurance companies.
True its roots as a company formed for government employees, GEICO also offers special savings for
prospective policyholders who are federal employees or military members (up to 8 - 15 % off their premiums).
Those agents help
prospective policyholders search for available discounts, like the Student Away at School discount, which provides savings to anyone who has a student on their policy who lives more than 100 miles from home.
New York residents living in rented dwellings in the Brooklyn borough are wise to investigate this coverage opportunity and look into some of the options that exist for them
as prospective policyholders.
Developed segmented direct mail marketing and print media campaigns, reaching a total of 40 million
prospective policyholders per month, helping to grow new business sales by 6 % annually.
While cheap rates are important, there are other factors that
prospective policyholders should consider when shopping for motorcycle insurance.
Typical liability limits for property damage coverage range from $ 5,000 to $ 100,000, and is based in part on what options auto insurance companies offer to
their prospective policyholders.
Prospective policyholders should keep in mind that cheap rates are just one of the things to consider when choosing an insurance company.
To be eligible for the advance quote discounts,
prospective policyholders must get a quote eight or more days before their existing policy expires.
There are many reasons why a particular insurance company would turn down
a prospective policyholder, but in most cases the reasons will be related to the health of the applicant.
Usually,
a prospective policyholder needs to undergo nicotine test.
Lemonade allows
prospective policyholders to download its app, receive a quote and sign up for coverage — all in a matter of minutes.
It depends on its network of 100 agents across the state to conduct business and represent it with
its prospective policyholders and current insureds.
Ride Sharing:
Prospective policyholders in Colorado and Illinois have the option to add coverage when driving for Uber, Lyft or other ridesharing apps.
An agent can issue insurance binders to
prospective policyholders.
However,
prospective policyholders in Texas can receive quotes directly through HOAIC's website.
It provides quotes for
prospective policyholders both online and through their network of approximately 11,900 agents.
This initiative is in the interest of the policyholder and would help in building confidence of
the prospective policyholders in the insurance products,» he said at an insurance summit here.
Based on the sample rates below,
prospective policyholders can see how researching and comparing rates result in a more informed decision.
To obtain a quote from Acuity,
prospective policyholders will need to locate a local agent in one of the 22 states the company is licensed in.
Eventually,
the prospective policyholder and the agent will discuss another set of price options, those that pertain to natural disaster coverage.
Having made all these considerations, the agent will present the rental insurance quotes and
the prospective policyholder will either agree and accept the offer of coverage, or will continue to meet with agents and compare quotes.
Prospective policyholders may obtain policy information and purchase coverage via both our website and our insurance agency call center.