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With great personal wealth comes added responsibility. This can include ensuring that high value items kept in your home are covered in the event of theft or damage, as well as other concerns unique to a higher income household. Private client services in Pennsylvania can offer you and your family peace of mind in the event of unforeseen circumstances such as these, from common accidents and mishaps, to serious matters involving crime and malfeasance.
A Higher Level of Coverage
While personal insurance is important to many households, those with far more valuable belongings require an elevated level of coverage. For homeowners in possession of valuable items, such as fine art, jewelry, or even things like yachts and antique car collections, insurance is crucial to protecting your investment.
Guidance in a Time of Crisis
Those with greater personal wealth are also privy to threats such as kidnapping and extortion. These occurrences aren’t as rare as you’d think, and without proper guidance you may find yourself losing the things you value you most. Private client services in Pennsylvania can also offer coverage similar to what is offered in the workplace, which is necessary for those homes that employ a large staff to keep things running.
You’ve worked hard to earn the things you have, and by securing top-notch insurance coverage, you can rest assured that your material possessions will stay with your family for years to come.
Many industries in the United States have felt a big change when it comes to purchasing traditional insurance. For many companies, traditional insurance plans fail to offer the benefits they need for their specific industry or they may offer them in a bundle with coverage they simply don’t need. This can drive up premiums. Association captives offer an alternative option by allowing companies from a similar industry to band together and customize an insurance entity.
Who is Eligible?
Business owners should evaluate their current insurance expense and determine whether the cost of organizing an association captive would benefit the company. Some details that may make you a good candidate include:
- The need to insure low-profile risks.
- You’re having an issue finding the coverage you need for your company at a rate you can afford.
- Your company could benefit from the tax advantages that captives offer.
- You’re interested in getting catastrophic reinsurance to limit the financial exposure of your company.
- Your company is of significant worth and you wish to protect your wealth in order to pass it on to your dependents.
- You want to diversify your assets.
More and more companies are finding it advantageous to form association captives within their industry in order to gain the benefits that these alternatives to traditional insurance allow.
Find Out More Information
If you are interested in finding out more information on how association captives can help your company, it is important to talk to an expert in the field. They can help to guide toward the right choice for your business.
It’s unfortunate that so many insurance agencies do not understand the importance of insurance appointment setting with prospective clients. Prospects are just that; they are prospective clients. Without a follow up appointment being set, they will never become actual clients. If you are looking to increase insurance sales and gain more clients, it is essential that you are persistent in contacting and setting up appointments with your prospects.
The facts on sales are enough to get any insurance agent into action. Nearly 50% of people looking for more business will not follow up with an initial contact. Those who contact potential clients a second time make up only 25%. It continues to decline, with only about 10% of salespeople who will contact an individual more than three times. On the flip side, it is the salespeople who are persistent with insurance appointment setting and follow up calls who get the business. Approximately 2% of sales are made with the second contact, on down to about 80% of sales made after a fifth contact.
To get started, you need to have a marketing technique in place. Prospective clients can reach you through a proper SEO campaign, social media marketing, and more. Once you are able to reach those prospective clients initially, it is essential to have a plan in place that will help you to reach out to them a second, third, or fourth time in order to get their business.
As the facts show, insurance appointment setting and following up with prospects is essential to the success of your insurance company. Contact a professional to learn more about how to implement a marketing campaign that will help you find those prospects.