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Showing posts from October, 2021

Michael Saltzstein Explains Multiline Insurance and Its Benefits

Have you ever heard of insurance policy bundling that can potentially help you save money? Michael Saltzstein believes multiline insurance is a comparable policy option that you can use to reduce the number of bills you receive as a business.   What is multiline insurance? A multiline insurance contract is an insurance policy that combines many risk exposures and covers them under a single policy. Meaning, these policies can generate additional revenue for providers while also providing enhanced convenience and premium discounts to customers.   What are the benefits of multiline insurance? Multiline contracts are appealing because these policies aggregate deductibles to cover multiple kinds of risks. Also, these products benefit providers since they lessen exposure by distributing risk across a wide range of variables, reducing the financial load in a catastrophic disaster. So, Michael Saltzstein believes it is most suitable for firms that face internal and external risks l