How to Sell a Life Insurance Policy As you might imagine, selling life insurance to a third party is part of a highly regulated industry, and therefore it can be a very complex process. Even though you could try to find a buyer on your own, the safest and most efficient way is to ...
Can I sell my life insurance policy? If your life insurance policy no longer serves its original purpose, selling it might be a practical way to free up funds. While many policies can be sold, permanent life insurance, such as whole or universal life, is usually more sought after in the...
Learn about the steps involved in a life settlement transaction. What is a Life Settlement? A life settlement is the sale of an existing life insurance policy..
Tips for Selling Life Insurance Below are some helpful life insurance sales tips. Generate Leads After earning your license and choosing how you want to sell life insurance, you’re ready to start selling. You know you need to help clients understand differences in insurance policies so they can...
Learn how to sell life insurance independently and boost your finance with expert tips and strategies. Start your journey and achieve financial success.
Learn how to leverage life insurance for your financial needs. Protect your loved ones and secure your future with smart financial planning.
do not assume you have an easy sell.Life insuranceis a very difficult product to sell. Simply getting your prospect to acknowledge and discuss the fact they are going to die is a hard first step. When and if you clear that hurdle, your next task is creating urgency so they buy right ...
Before you apply for life insurance, you should analyze your financial situation anddetermine how muchmoney would be required to maintain yourbeneficiaries’standard of living or to meet other financial needs for which you’re purchasing a policy. Also, consider how long you'll need coverage to ...
Life insurance policies are designed to provide a financial payout, often equal to the coverage amount, to the beneficiaries specified by the policyholder upon their death. If the policy is active when you pass away, your beneficiaries can submit a claim to receive the death benefit. Life insur...
Read more: How to Sell Your Life Insurance Policy What happens if I make annual payments and die at the beginning of the term year? You made your annual premium payment in February but died in May. What happens? Most states in the U.S. require that the insurance carrier refunds the une...