Employment at insurance companies often comes with perks, one of which can be preferential pricing on insurance products. This practice is common across various industries and serves as an employee benefit while also potentially increasing customer base within the company’s workforce.
Offering reduced rates to employees can foster loyalty and boost morale. For the insurance company, it serves as a form of internal marketing and quality assurance employees using the product are more likely to provide valuable feedback and identify areas for improvement. Historically, such benefits have been a way to attract and retain talent within competitive industries. This can be particularly advantageous for insurance companies due to the specialized nature of their products and services.
