Insurance Company Business Plan Example

Description
Before you start writing your business plan for your new insurance business, spend as much time as you can reading through some examples of services-related business plans.

Reading sample business plans will give you a good idea of what you’re aiming for and also it will show you the different sections that different entrepreneurs include and the language they use to write about themselves and their business plans.

We have created this sample LifeMax- Insurance Business Plan for you to get a good idea about how a perfect insurance business plan should look like and what details you will need to include in your stunning business plan.

Insurance Company Business Plan Outline
This is the standard insurance company business plan outline which will cover all important sections that you should include in your business plan.

Executive Summary
Objectives
Mission
Keys to Success
Financial Forecasts
3 Year profit forecast
Business Summary
Overview
Company History
Startup cost
Funding Required
Company Ownership
Company Locations and Facilities
Products and Services
Service Description
Competitive Comparison
Sales Literature
Fulfillment
Technology
Future Services
Market Analysis
Market Segmentation
Market Analysis
Service Business Analysis
Competition and Buying Patterns
Business Participants
Distributing a Service
Competitor Analysis
Cal Roberts, Patrick C. Johnson, Rob Champlain
Agents (such as Co-operators)
Mass Markets
Gray Power
Group Plans - teachers, public employees
Strategy and Implementation Summary
Marketing Strategy
Promotion Strategy
Distribution Strategy
Positioning Statement
Pricing Strategy
Sales Strategy
Sales Programs
Sales Forecast
Sales Yearly
Strategic Alliances
Service and Support
Milestones
Management Summary
Organizational Structure
Financial Plan
Startup Funding
Important Assumptions
Brake-even Analysis
Projected Profit and Loss
Profit Yearly
Gross Margin Yearly
Projected Cash Flow
Projected Balance Sheet
Business Ratios