Persistency - How To Discuss
Persistency,
Definition of Persistency:
Percentage of an insurance companys already written policies remaining in force, without lapsing or being replaced by policies of other insurers. Since persistency is a critical factor in the viability and success of insurance companies, they constantly look for ways to increase this percentage.
How to use Persistency in a sentence?
- Gabriel was determined to sell all of her Girl Scout cookies so she could attend the summer camp, and her persistency paid off.
- The persistency was high for insurance firm but they knew change is constant so they wanted to prepare for the worst.
- You should have great persistency when you really believe that you know the best way for your company to proceed.
Meaning of Persistency & Persistency Definition
Persistency,
How Do You Define Persistency?
Persistence is a percentage that represents the number of clients referred to insurance by the insurance company. A higher percentage means the product is performing better.
The term refers to the period during which insurance operates without interference.
Synonyms of Persistency
persistence , importunity , perseverance , emphasis , urging , insistency
Persistency,
What is The Definition of Persistency?
A simple definition of Persistency is: Persistence is a percentage that reflects the number of clients hired by insurers for insurance contracts. A higher percentage means the channel is working fine.
Persistency means, The term is used to designate the period during which insurance is effective without interruption.
Persistency,
What Does Persistency Mean?
The term is used to define the period during which insurance is applied without interruption.
