During a speech at the sidelines of the United Nations forum on the Principles for Sustainable Insurance last week, Insurance Commissioner Emmanuel F. Dooc stated that the insurance industry enjoyed “robust growth” in the first quarter of the year. As the economy improves, projections show that business insurance is also slated to grow throughout the remainder of the year.
Another report came out this month that showed the life insurance industry is capitalizing on the Generation X market. The study suggested that those between the ages of 32 and 47 represent approximately $3.6 trillion in sales potential, which is more than the Baby Boomers by $1.4 trillion.
“Carriers should now reconsider the scant attention paid to this formerly discounted, underinsured and underpenetrated generation,” Deloitte said in its white paper. “While at first glance it may seem that the pursuit of this segment necessitates more resources than other generations, Xers’ high brand loyalty is very likely to help defray the initial acquisition cost through additional product sales over time.”
LifeQuotes4U is a platform that has made the difficult life insurance process simple and even unique. It offers the cheapest deals by giving large commissions and lower premiums. It is able to offer this because LifeQuotes4U does the groundwork and provides life insurance companies new prospects and customers.
The firm operates on a paperless system which assists in reducing its costs and transferring these savings toward the customers. LifeQuotes4U not just provides you with a good life insurance policy, but it also offers you a chance to have a long and healthy life.
It has partnered up with various organizations to offer its customers discounts and deals with healthy products and services, such as gym memberships, vitamins, supplements and healthy snacks and deals.
For those who have been a client for a consecutive six-month time period, you can take advantage of all these superb benefits. The company has also teamed up with five charities. The clients can nominate a charity from the five that they would like to donate to once their policy has been running for six months.
LifeQuotes4U is very simple to use and makes the process easy for the customer. It will find the best life insurance deal for you and ensure your policy is from one of the most reputable insurance companies in the United Kingdom. Another advantage is that it will help you understand what your policy entails and what type of coverage it offers.
The private organization makes sure that you don’t have to fill out any unnecessary forms, guide you throughout the online application and help you answer health and lifestyle questions. Lastly, it will deal with the insurance company on your behalf and convey you the terms and conditions of the policy in a language you will understand.