What is the Definition of Affinity Sales?

What is the Definition of Affinity Sales?

Selling insurance through groups such as professional and business associations.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Insurance?

What is the Definition of Affinity Sales?

What is the Definition of Affinity Sales?

Check out other definition of insurance terms below:

What is the Meaning of PRE-EXISTING CONDITION In Insurance Terms?

(1) According to most group health insurance policies, a condition for which an individual received medical care during the three months immediately prior to the effective date of her coverage. (2) According to most individual health insurance policies, an injury that occurred or a sickness that first appeared or manifested itself within a specified period—usually two years—before the policy was issued and that was not disclosed on the application for insurance.

What is the Meaning of PREFERRED PROVIDER ORGANIZATION In Insurance Terms?

Network of medical providers which charge on a fee-for-service basis, but are paid on a negotiated, discounted fee schedule.

What is the Meaning of PREFERRED RISK CLASS In Insurance Terms?

In insurance underwriting, the group of proposed insureds who represent a significantly lower than average likelihood of loss within the context of the insurer’s underwriting practices. Contrast with Declined risk class, Standard risk class and Substandard risk class.

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