question archive State farm company Student’s name University affiliation Submission date State farm is an insurance and financial based organization that operates in the US
State farm company Student’s name University affiliation Submission date State farm is an insurance and financial based organization that operates in the US
Subject:BusinessPrice: Bought3
State farm company
Student’s name
University affiliation
Submission date
State farm is an insurance and financial based organization that operates in the US. The organization offers different services and products in different lines of business. These services include; annuities, banking and products, property and casualty, life and health services as well as mutual funds.
Considering the many services and products offered in state farm, health coverage would be among the first thing I consider to redefine. With the emergence of the deadly Corona virus, people have been left with burdens to pay for hospital bills. People who have insurance covers did not have a hard time paying for their bills. This has led to many people realizing the importance of these health coverages. Therefore, redefining the product will be sure way of the company progressing and insuring more people.
Redefining this service will require the people to learn about it so that they the company will see the reaction of the people. The short-term goal of this project will be advertising and making sure it reaches huge numbers of people. By doing so I will have the number of people who are interested with the health coverage. Then, the long-term goal will be issuing application letter and websites where interested people will officially apply for the coverage.
Redefining health insurance services does not violate the mission and the vision of company. The insurance is meant to take care of all the applicants by making sure their health is secured and taken care of. The company’s mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. And the vision is to be the customer's first and best choice in the products and services we provide.
This service is meant to take care of the insured people. This will benefit all the insured people.
