What Is Blanket Insurance?
Package insurance refers to the fact that enterprises and families no longer purchase property insurance or liability insurance separately to protect their own production and business activities or family property. Instead, they can transfer property and liability risks to insurance companies through a single insurance contract. Through the differentiation of marketing methods and marketing channels, the package of insurance minimizes the time and energy costs of customers.
Package insurance
Right!
- Chinese name
- Package insurance
- basic introduction
- Can cover multiple insurance contracts
- main feature
- Transfer the same risk
- Types of
- Insurance
- Package insurance refers to the fact that enterprises and families no longer purchase property insurance or liability insurance separately to protect their own production and business activities or family property. Instead, they can transfer property and liability risks to insurance companies through a single insurance contract. Through the differentiation of marketing methods and marketing channels, the package of insurance minimizes the time and energy costs of customers.
- Package insurance refers to the fact that enterprises and families no longer purchase property insurance or liability insurance separately to protect their own production and business activities or family property. Instead, they can transfer property and liability risks to insurance companies through a single insurance contract.
- Package insurance through the differentiation of product design and product functions, to maximize the savings of customers 'insurance costs; through the differentiation of marketing methods and marketing channels, to maximize the savings of customers' time and energy costs; by increasing the added value of insurance services To maximize the utility of the product. A single contract includes property, finances, and personal accidents. Such as: home insurance (house, property, car, decoration, third party liability, cash, jewelry, accident insurance and other seven insurance policies), travel insurance (accident insurance, baggage theft insurance, itinerary delay, journey change, etc.), office Full insurance, shopping malls, hotels, etc.
- 1. Transferring the same risk, it is cheaper to complete a package of insurance contracts than two insurance contracts, that is, the premium is cheaper.
- 2. For an enterprise, managing an insurance contract with only one insurance company is easier than dealing with multiple companies.
- 3. Many insurance packages do not require standardization of insurance policies. Enterprise risk managers can start from the requirements of enterprise risk management and negotiate insurance packages with insurance companies to find the best combination of risks, services and costs.