by alulakifle » Wed Jun 03, 2009 07:40 am
Do we have insurance package sold in the market as such? If so what is it all about ,and what necessary steps must be followed to design such a policy? Do we have a sample policy by this name that one can refer to? Please provide me detailed answers to this and other related matters. Thank You for your cooperation.
Posted: Wed Jun 03, 2009 10:32 am Post Subject:
I'm sorry I have no idea what you're talking about..by packages do you mean (as an example) an agent might present a client with an auto, home, health and life policy all wrapped up together?
Posted: Wed Jun 03, 2009 10:53 am Post Subject:
That sounds like what they poster is talking about. If so many insurance companies can wrap up policies all together in one package which can help lower insurance costs for the person. Combining policies can really make a difference finacially.
Posted: Fri Jun 05, 2009 04:12 am Post Subject:
If you mean combining life, health, auto, etc... Yes, there is. These "packages" often come out to be cheaper than if all are purchased separately.
Posted: Fri Jun 05, 2009 07:11 am Post Subject:
Hi alulakifle,
If so what is it all about ,and what necessary steps must be followed to design such a policy?
Do you wanna set up your insurance company?
I don't think you can design one single policy that would settle for life and health together. But yeah, agents do offer up-selling products. Some of these benefit coverage packages are designed by even other financial service providers e.g. credit card companies.
Such products may come as an add-on benefit but you need to check on the features before signing-up.
Do we have a sample policy by this name that one can refer to?
Before that, would you care to tell me which country/state you're from?
Steven
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