Step 2: Buy “The Digital Life Insurance Agent” This is the complete A-Z guide to building an online based life insurance business. This book provides a roadmap to building a predictable lead flow using online prospecting techniques, training on how to sell over the phone and even basic tr...
Focus on Value, Not Price:Instead of solely focusing on the price of the policy, emphasize the value and long-term benefits that life insurance provides. Help potential clients understand that life insurance is an investment in their future and a way to protect their loved ones from the financ...
The tie-up could herald similar moves by incumbent carriers that, as more prospective buyers go online in the pandemic’s wake, need to quickly kick-start digital-savvy, direct-to-consumer sales channels, according to Dan McCoach, head of life and health at Celent, a technology research ...
Genworth to Sell Term Life Insurance Block to ProtectiveAlexander M. Dye
Life settlements, however, come with different tax rules. When you sell a life insurance policy, the money you receive can be taxed in three different ways: as ordinary income, as long-term capital gains or as tax-free income. Here’s a simplified explanation of how the Tax Cuts and Jobs...
Understand Policy Types:Familiarize yourself with the different types of life insurance policies available. This includes term life insurance, whole life insurance, universal life insurance, and more. Understanding the benefits and features of each policy type will allow you to recommend the most suitab...
Getting those first few sales is exciting, but it won’t translate to a long-term business if you haven’t cultivated an audience. Building your business’s platform takes time, but it’s something you should make regular time investments with. You can think of your audience in three catego...
Looking for a short-term investment with high returns? Worthy Bonds lets you invest in bonds that help fund small businesses. Your investment yields a 7% interest rate, which higher than most high-yield savings accounts. Worthy Bonds is free to use, all you need is a $10 upfront ...
000 and jettison a term life insurance policy to reduce expenses. The business owner’s attorney recommended he have a Policy Rescue Analysis completed before taking any action. We secured $950,000 for the business owner that he used to develop an online catalog which today is the company’s...
A buy-sell agreement funded by life insurance is a legal arrangement ensuring business ownership transitions smoothly by using life insurance proceeds to buy out a deceased owner's share.