Meeting Plan Presentation

we offer monoline & package policies

A monoline policy is an either/or situation. They offer only one type of coverage, not both. You would have to get two monopolicies to get the same coverage equivalent to a package policy.

Monoline policies

Example

A Package policy is a policy which offers both coverages. The benefit of this is that it is generally cheaper. The disadvantage is that you have to meet certain qualifications.

package policies

Example

Think Rooms to Go

Let's relate purchasing a set from Rooms to Go to package policies. You walk into the store and need the couch, the chair, and the entertainment center so you purchase the whole set.

Think Rooms to Go

Let's relate purchasing one piece of furniture from Rooms to Go to Monoline Policies. You walk into the store and ONLY need the couch. So you leave the store with one item from the set.