What can an insurance agent give clients without violating rebating laws?
Branded items of minimal value, such as pens, calendars, insurance-card holders and magnets, are typically permitted in every state. Larger gifts are capped by state anti-rebating laws and by carrier policy, and no gift may be conditioned on buying or renewing a policy. Check your state's current limit and your carrier's cap before ordering.
How much can an insurance agent spend on a client gift in New York?
New York sets a low per-person cap on gifts and prizes from insurance producers, and it is among the stricter states. The Renewal Mailer and Auto Policy kits were built to sit inside typical low-cap states. Confirm the current New York figure with the Department of Financial Services or your compliance contact before ordering.
What should a new policyholder welcome kit include?
For auto: an insurance-card holder, a window-breaker and seatbelt-cutter safety light, tire gauge, a claim-steps magnet and a pen with the agent's phone number. For homeowners: a heavyweight document folder, magnetic clips, a mini first-aid kit and a flashlight, delivered within two weeks of closing. See the Auto Policy and Homeowners kits.
What are good giveaways for an insurance booth at a home show?
Protection-themed items people keep: a shield or umbrella stress ball, a compact umbrella, poncho, flashlight, SPF lip balm and a sticker pack. For open-enrollment tables, a pill box and a folder for the benefits packet work well. The Booth Giveaway and Open Enrollment Table kits are sized for high-traffic events.
