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Two empty consultation chairs and a table with a blank folio on a wooden plinth. - Life Insurance Services Meta ads research by Madgicx Labs

Madgicx Research & Labs

Life Insurance Services

A conversation precedes the decision.

MADGICX / LABSINDUSTRY RESEARCH

Research only

No publishable AOV benchmark

Explore category insights and their sources below.

Scope & method

Within Insurance Services

More in this industry. 5

Questions, answered.AOV, context & using this research7 answers

In this category

When does a life insurance lead become an insurer-approved application?

Guardian describes underwriting as the insurer’s assessment that can determine approval and pricing. Keep an inquiry, submitted application and underwriting decision separate in the campaign report; requesting a quote or speaking with an agent does not establish approval.

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Does a no-medical-exam life insurance offer mean there is no underwriting?

Guardian describes accelerated and simplified processes that can avoid an exam while still using underwriting. State the specific product path in the ad rather than equating no exam with guaranteed approval; count completed applications separately from the insurer’s eventual decision.

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Why should life insurance campaign cohorts allow for an underwriting decision later?

Guardian describes underwriting timing that varies with the process and information needed. Read submitted applications by their cohort and follow them to decision, rather than calling recent undecided cases failures or approvals. The source does not establish a universal campaign conversion window.

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What outcome should follow an agent conversation in life insurance reporting?

Guardian distinguishes an agent’s help with the application from the underwriter’s decision. Measure the completed application and resulting decision after the conversation, while keeping the conversation itself as a service milestone. Do not credit every agent contact as an issued policy.

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Category research

Is an AOV benchmark available for this category?

No publishable AOV benchmark is available.

The exact category cohort does not support a publishable AOV aggregate. Parent and sibling benchmarks are not substituted.

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Use this research

Can I download this industry research?

The exports section provides this edition in Markdown and JSON, along with a research index. This private draft is not licensed for public redistribution.

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How should I cite a finding from this page?

When reuse is permitted, credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope. This private draft is not licensed for public redistribution.

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Research scope

Small print.
Clear boundaries.

Evidence scope

Benchmark status reviewed 11 October 2026.

The exact category cohort does not support a publishable AOV aggregate.

Median and middle 50% of account-level average order values. Each account value is purchase ROAS multiplied by cost per purchase in USD. Successful classifications, including manual corrections, with positive finite spend, purchases, ROAS and cost per purchase. Accounts are counted once with equal weight. Quartiles use linear interpolation. Root cohorts include direct root classifications and their child categories; exact-child cohorts exclude parent and sibling categories. The source selects the highest-spend coverage row per account among snapshots dated within the preceding 30 days; the underlying reporting period is not supplied. This is a dated aggregate advertising-data snapshot, not business-wide AOV or a census. Parent and sibling benchmarks are never substituted.

Category scope

Individually authored category research. The brand directory is deferred for this private draft. Taxonomy membership does not establish benchmark coverage.

Exports & citation detailsMarkdown · JSON · Embed

When reuse is permitted, credit Madgicx Research & Labs and link to the exact source. Keep its snapshot date and scope. This private draft is not licensed for public redistribution.

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