What’s Trending in 2016

So what’s trending this spring?  As an insurance professional you are bombarded with industry news and expert takes on mainstream life and health insurance trends and new product lines.  Blogs and magazine articles, newswires and online forums are all at your fingertips and in the service of feeding you market insight on a daily basis.  You are saturated with mostly repetitive, mundane information that you may never be able to associate with bettering your business or increasing your bottom line.

Now is the time to branch out from your core group of traditional life, disability and health carriers.  It’s difficult to dismiss the important news coming out of the outlying markets such as Lloyd’s of London and other European exchanges.  The secondary life and health markets are the best source for the hottest trends hitting the U.S. insurance industry today.  Here is some insightful market information from Petersen International:

Peaking Interest – here are the top five fastest growing products according to quotation requests:

  1. Guaranteed Issue Group Disability Insurance
  2. Personal Disability Insurance
  3. Failure to Survive Insurance
  4. Loan Indemnification Disability Insurance
  5. Business Overhead Expense Disability Insurance

High Profitability – here are the top five fastest growing products according to premium collections:

  1. Guaranteed Issue Group Disability Insurance
  2. Personal Disability Insurance
  3. Failure to Survive Insurance
  4. Short Term Medical Insurance
  5. Buy/Sell Disability Insurance

Overall – here are the top five products according to total premium collections:

  1. Personal Disability Insurance
  2. Guaranteed Issue Group Disability Insurance
  3. Professional Athlete Disability Insurance
  4. Buy/Sell Disability Insurance
  5. Key Person Disability Insurance

Call us today at (800)345-8816 to learn more about any of these trending insurance product lines.  You shouldn’t miss out on the enormous opportunities abound in this exciting market.  Petersen International will be your guide.

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