New report from Eastbridge Consulting Group looks at voluntary cancer products

AVON, CONNECTICUT, USA (April 10, 2009) – Despite the publicity around critical illness products over the past 10 years, cancer sales still surpass critical illness sales by as much as four to one in the voluntary/worksite market (based on new business annualized premium for the industry). Eastbridge Consulting Group’s Voluntary Cancer Products2009 report examines the current state of cancer products in the market and takes a close look at the voluntary cancer products of 10 carriers. For each carrier, the report details platform, plan type, benefits, underwriting, premium structure, and commissions. It also gives the carrier�s predictions for the future of voluntary cancer insurance and concerns regarding future trends in this market.

Here’s a preview of some of the study findings:

  • The majority of today�s cancer plans remain specified benefit as opposed to lump-sum plans.
  • Most carriers believe there will continue to be a market for both cancer and critical illness plans.
  • Many carriers offer different levels of benefits and optional riders that allow benefits to be customizable to individual needs.

The report is now available for purchase for just $2,500. More information about the report, including the table of contents, is available on Eastbridge�s website. To purchase the report, call us at (860) 6… or email [email protected].

About Eastbridge Consulting Group, Inc.

Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.