Closing The Deal

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What is your preferred option for closing new business sales for life insurance advice solutions?

  • In-person (81%)
  • Digital (13%)
  • No preference (7%)

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A survey of the insurance buying behaviours of Millennials and Gen Zs reveal that when it comes to buying policies, half prefer meeting their adviser face-to-face.

A report published by Finaeo concludes that face-to-face is this group’s preferred way of buying insurance, with online transactions coming a close second. Despite being digital natives, bricks-and-mortar locations are also welcomed.

In addition, this group expect a high level of ongoing customer service, with the report saying they expect 24/7 access to help and multiple ways to communicate with insurers.

See our report: Insurance Buying Behaviors Of Gen Z Revealed