Upselling and cross-selling are two popular sales techniques that are often confused. While both involve offering additional products or services to customers, there is a big difference between the two. Upselling is about convincing customers to buy a more expensive version of an item they are already interested in, while cross-selling involves recommending related items […]
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What is the difference between Additional Insured and Loss Payee?
Additional insured coverage and loss payee coverage can extend insurance coverage beyond the insured. Contractual agreements often allow for third-party coverage. A loss payee is different from an additional insured in that they can collect payments from the insurer. The general liability policy does not cover , but neither the loss payee nor the additional insured can change […]
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