Multi-line agents can grow by helping clients with life insurance, retirement planning
August 7, 2019 by Insurance Forums Staff
A recent LIMRA report sheds light on how multiple-line agents—who are affiliated with one company and primarily sell auto, home or other property and casualty insurance—feel about selling life insurance products, lead generation, and opportunities for future growth.
Multi-line agents derive most of their business from selling property and casualty products. Some agents, however, have incorporated life insurance products, and to a lesser extent annuities and investment products, into their practices. Yet, on average just 14% of a multi-line agent’s income is from life insurance.
Multi-line agents are unique in the financial services industry because they:
Click HERE to read the full story via Insurance Forums.