You
know you get a no-claims bonus on your car insurance and accrue
continuity benefits on your health plan. But did you know you get
loyalty rewards on life insurance plans as well? Insurance policies are
long-term products and insurers see many pre-mature policy terminations.
Though, most often, it is the policyholder who loses the when the plan
is surrendered, it is not the desired option for the insurer either. Insurance
companies, therefore give loyalty additions, an extra benefit to the
insured for keeping the policy in force throughout the full term of the
contract.
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Thursday, June 26, 2014
Loyalty rewards on life insurance too
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