How to Issue an Insurance Policy

by Melvin Richardson ; Updated July 27, 2017

If you are an agent, working for an insurance company, providing insurance coverage for a number of items including a home, automobile, life, jewelry, collectibles, or other valuables, a policy will be issued to confirm the terms and conditions. The policy is a legal contract between the insurance company and the person being insured. A policy will tell how much someone or something is insured for and what will happen if a claim is filed.

Step 1

Send the policy to the insured’s home. Verify that you have the correct mailing address for the insured. After all paperwork has been processed and completed mail the insurance policy to the mailing address of the insured. Follow up, in a week to 10 days to make sure the policy has been received.

Step 2

Visit the home of the insured. Call the insured and make an appointment to stop by with the insurance policy. Go over all of the details to make sure everything is correct. This adds a personal touch and paves the way for future business.

Step 3

Answer any questions the insured might have. This provides an opportunity for you to clarify any issues or concerns of your client.

Tips

  • In some situations an agent can ask a client to stop by the office to pick up the insurance policy.

    Insurance policies are sent right from the headquarters of the insurance company in many situations.

About the Author

Melvin J. Richardson has been a freelance writer for two years with Associated Content, and writes about topics such as banking, credit and collections, goal setting, financial services, management, health and fitness. Richardson has worked for several banks and financial institutions and gained invaluable experience and knowledge. Richardson holds a Master of Business Administration in Executive Management from Ashland University in Ashland Ohio.