Banks offering insurance will have a tough time persuading small- business owners to buy policies from them, a study suggests.

PSI Global, Tampa, surveyed more than 900 businesses with annual sales between $500,000 and $10 million. Just 8% said they would buy insurance from a bank, and 74% said they would not even consider it.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.