Moreover, the PartnerBASE™ database that accompanies the report provides the granular detail behind the analysis, detailing over 400 affinity and partnership marketing initiatives traced by Finaccord for the two product classes in scope.
In addition, the analysis identifies not only the providers of life insurance and retirement products with the most partnerships (overall, and within each category) but also computes 'weighted provider shares of partnerships’. These highlight the providers that are likely to hold the most valuable relationships given both the size of their partners’ customer base and the importance of the categories to which their partners belong as a distribution channel for the two products.
In this report, life insurance is defined as comprising five main contract types, namely term, universal and whole life policies plus disability (sometimes referred to as ‘income protection’) and long-term care insurance. Note that these policy types can include variations such as decreasing term or variable universal life insurance. However, credit life insurance (i.e. policies explicitly related to loans) is excluded.
Meanwhile, retirement products are defined as including annuities and IRAs (individual retirement accounts) that can be bought by individual customers. However, company pensions such as 401(k)s are out of scope.
For further information about this research, please access the table of contents and report prospectus by clicking on the corresponding links to the left-hand side of this page, or e-mail firstname.lastname@example.org