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Homework answers / question archive / Sales representatives of property and liability insur- ance companies sometimes refer to the "sales prevention department
Sales representatives of property and liability insur- ance companies sometimes refer to the "sales prevention department. What department of the company are they referring to? Explain.
They are referring to the department in their own insurance company wherein they suggest effective ways to decrease heavy claims through loss prevention and control mechanisms--- by giving advice on prevention measures to their high-risk category clients. They do this for a premium As they prevent sale of insurance products, they are called so by their own sales people--- who are in-charge of selling insurance products to clients.As their target are denied, they call these departments, as sales prevention department. |
This department aims to reduce losses in the client companies , in the long-run by helping them to create safer work place for their employees, so that the latters' productivity also increase.Expenses towards premium also goes down , as safety is improved. |