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Ancillary insurance provides coverage for services and expenses not covered by primary insurance policies.
Did you know?
The ancillary insurance market size in the United States is anticipated to expand at a compound annual growth rate (CAGR) of 9.2% from 2023 to 2028, according to forecasts.
Why Sell Ancillary Insurance?
1 
Additional income: Ancillary insurance policies are often purchased as add-ons to existing policies, this can earn you additional commissions.
2 
Meeting customer needs: By offering ancillary insurance, you can provide your customers with comprehensive coverage that meets their specific needs and helps them protect against unexpected expenses.
3 
Competitive advantage: By offering a range of insurance products, you can attract and retain your customers.
4 
Customer loyalty: By providing a range of insurance products, you can build customer loyalty. Customers with multiple insurance policies with the same agent are more likely to remain with that agent over the long term.
5 
Improved customer experience: Ancillary insurance can help improve the overall customer experience by providing additional services and support that your customers need. 
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