membership groups ACCIDENT INSURANCEA “Membership Group” refers to organizations that gets members to expand their group. Sample of this groups are cooperatives, associations, membership companies, clubs, etc. This is called “open type group” because members vary in occupations, ages, and place of assignment.
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TO GET A PROPOSAL FROM US, WE NEED THE FOLLOWING INFORMATION:
1. Commitment. We need to know how many members are to be enrolled in the program. Assumptions are to be made i.e. 5000 members/year, 20,000 members/year.
2. Profile of the Group Members. We need to know what will be the age, occupation, etc. of ost members.
3. Budget of the Organization. We need to know the budget for the insurance premium set by the organization.
4. Coverage. We need to know what are the preferred benefit and sum insured of the organization.
In case the above information are given, then we can readily submit to you a proposal letter on your insurance requirement.
1. Commitment. We need to know how many members are to be enrolled in the program. Assumptions are to be made i.e. 5000 members/year, 20,000 members/year.
2. Profile of the Group Members. We need to know what will be the age, occupation, etc. of ost members.
3. Budget of the Organization. We need to know the budget for the insurance premium set by the organization.
4. Coverage. We need to know what are the preferred benefit and sum insured of the organization.
In case the above information are given, then we can readily submit to you a proposal letter on your insurance requirement.
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