Risks that can be considered for supplemental insurance and reinsurance must be business casualty risks. Personal risks cannot be covered by business casualty policies. Employee risks, such as disability, cannot be covered since this is personal in nature. Additionally, routine business decisions cannot be insured as casualty risks. These would include, for example, inaccurate bids, poor hiring decisions, and engaging the wrong marketing agency. Furthermore, life insurance and health insurance are not candidates for business casualty insurance and reinsurance.
About the Author: Josh Miner
Involved in the financial services industry for over twenty years, Josh is a nationally known sales and marketing coach for financial advisors and Managing Partner of Spike Sales, LLC, located in Dana Point, California.
Spike Sales provides comprehensive sales and marketing solutions for financial professionals. Josh has been a speaker and content provider for the Fortress and is our Marketing Director. Fortress partners with Spike Sales to handle the management of the day to day marketing functions. Spike Sales team oversees advisor support, web technology management, business development and many other valuable functions needed in today's ever-changing marketplace.