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Insurance

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

Per-cause deductible

Understand the meaning and definition of Per-cause deductible in the context of stock market, trading, and investments.

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Hull insurance

Understand the meaning and definition of Hull insurance in the context of stock market, trading, and investments.

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Total loss

Understand the meaning and definition of Total loss in the context of stock market, trading, and investments.

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Group Life Insurance

Understand the meaning and definition of Group Life Insurance in the context of stock market, trading, and investments.

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Joint and several liability

Understand the meaning and definition of Joint and several liability in the context of stock market, trading, and investments.

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Permanent disability

Understand the meaning and definition of Permanent disability in the context of stock market, trading, and investments.

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