Are you letting clients anchor prices?

Leading the cost conversation

clock • 2 min read

Ash Borland, Ash Borland Consulting, discusses how leading the price conversation is about being proactive and relating prices to lifestyle.

Are you leading the price conversation—or letting your clients dictate it? If you don't anchor their expectations, you risk undervaluing protection and losing the sale. When you let clients name their budget, they'll often set it far too low. Not because they're difficult, but because they don't yet see the value. Anchoring can change this. Why Anchoring Matters Anchoring helps clients understand the value of protection. It's about setting a reference point that frames the cost of insurance as affordable and essential—not an optional extra. Without it, clients undervalue protecti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER readership survey 2025

COVER readership survey 2025

Share your thoughts

COVER
clock 18 July 2025 • 1 min read
COVER Excellence Awards 2025: Shortlists revealed

COVER Excellence Awards 2025: Shortlists revealed

Join us on 11 November, 2025

COVER
clock 17 July 2025 • 5 min read
Mortgage 1st unveils expansion plans amid private investment

Mortgage 1st unveils expansion plans amid private investment

Actively exploring merger and acquisition opportunities

Jaskeet Briah
clock 17 July 2025 • 4 min read