Question

How do British insurers sell life insurance? (Sales mode)

Answer 1

An agent is a private UN agency acts on behalf of another person or cluster. as an example, a centre worker. Some insurers use external sales workers to act as agents and visit customers; they're paid a commission supported sales additionally to a basic pay. In Britain, insurance agents were a preferred technique for commercialism home and accident insurance, and life insurance. However, with the introduction of different channels, like the web, the administration prices of victimisation agents were too high within the competitive market and customers began selecting different channels with lower priced offerings. this is {often|this can be} part as a result of customers ar currently higher educated in insurance merchandise as a results of the discussions often had across varied media, like magazines, radio, TV and websites.

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