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Insurance: All About The Quote

From all of this it is quite apparent what an important role the seemingly insignificant

insurance quote actually is to both the insurer and the insured. If the insured didn't have all the information which the insurance quotes provide they wouldn't be able to make informed decisions about their insurance policies and may even end up taking out policies which do not suit them at all. Furthermore, an insurance company that doesn't provide proper quoting services in the modern business environment runs a great risk at failing, since clients expect responsive quotations which are also accurate to the services and coverage offered. If an insurance company over-quotes it will inevitably lose business whereas if it under quotes it runs the obvious risk of not being profitable so it essential that insurance companies get this equilibrium just right.

Insurance: All About The Quote

By: Afi Post About the Author For Alexander Forbes information, go to http://www.afi.co.za/Pages/welcome.aspx. (ArticlesBase SC #2942183)


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