The most popular embedded insurance option among traditional bank customers was travel insurance in a survey conducted in the United States in March 2021. Approximately 28 percent of the respondents said that they would be highly interested in receiving bank-embedded travel insurance offers based on their transaction history. Meanwhile, the most compelling bank-embedded insurance option among digital bank customers was auto insurance.
Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021
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PYMNTS. (June 15, 2021). Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/
PYMNTS. "Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021." Chart. June 15, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/
PYMNTS. (2021). Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/
PYMNTS. "Share of Traditional Bank Customers Highly Interested in Bank-embedded Insurance Options in The United States in 2021." Statista, Statista Inc., 15 Jun 2021, https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/
PYMNTS, Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021 Statista, https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/ (last visited December 21, 2024)
Share of traditional bank customers highly interested in bank-embedded insurance options in the United States in 2021 [Graph], PYMNTS, June 15, 2021. [Online]. Available: https://www.statista.com/statistics/1027808/embedded-insurance-for-traditional-bank-customers-usa/