Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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Gamification in Insurance: Everything You Should Know

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You’ve probably heard the buzzword ‘gamification’ already and perhaps by now are sick of it. Regardless of how the word makes you feel it is worth learning about considering that many of the big insurance carriers like Progressive are using gamification in their business. In this article, we will cover everything you’d ever need to know about gamification in insurance and hopefully get your brains ticking on how you can apply gamification to your insurance agency.

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Life Insurance Face Value (Terms Explained)

QuickQuote

Life insurance provides varying amounts of life insurance death benefits depending on the coverage and company you choose. This is known as the life insurance face value. There is no difference between face value and death benefits, and many life insurance companies use these terms interchangeably when determining your rates. The higher your face value, The post Life Insurance Face Value (Terms Explained) first appeared on QuickQuote.com.

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How Video Making Became an Important Part Of Insurance Marketing Strategy

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The insurance industry, much like any other, has had to adapt and innovate to remain competitive and reach its consumers effectively. One major innovation that has rapidly grown in significance over the last few years is the use of video content. Insurance, traditionally considered a complex and challenging industry to market, has discovered a robust communication tool in video making, turning a once dull necessity into an engaging and insightful experience for potential customers.

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How do life insurance companies make money?

QuickQuote

Since life insurance companies pay out multiple claims per year, you may wonder how life insurance companies make money if claims sometimes eclipse the amount earned in premiums. The answer is that life insurance company profitability is based on more than just the amount it earns in premiums. While some of life insurance company revenue. The post How do life insurance companies make money?