Selling life insurance policy

Selling Life Insurance on Facebook: The How, Why, Do s, Don ts and Art of It All-Part 2

Episode 16: Selling Life Insurance on Facebook: The Art of It All-Part 2 Welcome to Part 2 of our discussion on selling life insurance on Facebook: The how, why, do’s, don’ts and art of it all. We had such great feedback from our first podcast, we asked a few agents if we could give them some suggestions to improve results on their Life insurance posts. We hold strong to the idea that this is not a science, but an art. Not everyone will post the same thing and get the same results, but there are some basic rules to follow to improve results! Chad Connelly You can find Chad’s business page easily in his about section. It’s viewable to friends and people who aren’t yet...

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Selling Your Life Insurance Policy, Business Hours

When you sell your life insurance policy, the activity is called as a Life Settlement. It is the activity of selling your life insurance policy to a third party in exchange for a cash settlement in the excess of the policy’s cash surrender value. Selling your life insurance policy is also called as Insurance settlement, Senior settlement, or life insurance settlement. The solution for elderly seniors This is a top solution for some folks because they can remove the burden of the insurance premium payments in the future. Meanwhile, the policyholders will get the cash out of the policy, while they are still alive. The life settlement will be viable if you don’t have any chronic illness or...

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Life Insurance Selling Technique, Selling money or Insurance

Life Insurance Selling Technique  Every article on this website is like a mini-training school. use the nav bars on either side of this page to locate your area of interest or subject you need help with. Use this Life Insurance Selling Technique as a sales concept to show why your Selling Money and not Selling Insurance This Life Insurance Selling Technique helped me make a lot of money. Question: Are you selling money or selling life insurance? What is it that we are really selling when we are selling life insurance?  Is it business insurance? The answer is YES to all the above.  Do people like to buy life insurance.. No Do people like to talk about life insurance..No But...

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Sell Life Insurance Policy - Health and Travel

Sell Life Insurance Policy for Cash Learn about how it works when you sell your life insurance policy for cash and how selling it could provide you with a wide variety of financial benefits such as a fixed amount settlement option. Many financial experts recommend taking out a life insurance policy during your young adult years. If you followed this advice, you could be in a fortuitous position in your senior years. The money that you have paid in premiums has accrued over decades of payments. Find out how you could sell life insurance policy for cash today in order to make the most of your finances for the future. How Selling a Life Insurance Policy for Cash Works The process of selling a...

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Selling Life Insurance to Foreign Nationals: Eligibility , Pinney Insurance

Foreign nationals are people who live in the U.S. at least part of the year, but are not citizens. For tax purposes, the IRS classifies them as resident aliens or non-resident aliens, depending on how much time they spend in the U.S. One of the biggest draws for foreign nationals is U.S. property. According to the National Association of Realtors®, foreign buyers bought $102 billion in U.S. residential property from April 2015 to March 2016. Other foreign nationals come to the U.S for jobs, schooling opportunities, to be with family members, or because they married a U.S. citizen. They may also be able to get better coverage options here than in their country of citizenship. As a...

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Cross selling life insurance to business owners, ThinkAdvisor

News flash! Selling life insurance to business owners is a great way to increase your average premium per sale, and if you’re lucky enough to have an existing commercial P&C book of business, cross selling and rounding out your accounts has never been easier! By the end of this article you will better understand the massive opportunity cross selling life insurance to business owners holds for your business, confidently explain the role life insurance plays in funding a buy-sell agreement and, most importantly, continue to provide value to your clients. Your clients already know and trust you which means you’ve already overcome the toughest part of the sales process. Plus, they depend on...

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Ownership structures for life insurance policy-funded buy,sell agreements, Baker Tilly Canada, Chartered Professional Accountants

Ownership structures for life insurance policy-funded buy/sell agreements In our July 2016 Tax Alert we noted that new income tax legislation will impact the taxation of life insurance policies. Most notably, it will be advantageous, for estate planning purposes, to purchase life insurance before the end of 2016 to maximize the tax benefits associated with current life insurance rules. Many who have been through the exercise of purchasing a life insurance policy can attest to the difficulty of selecting the appropriate insurance product given the wide variety and complexity of products in today’s marketplace. Equally puzzling is choosing the optimal ownership structure for a life...

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Five Secrets to Selling Life Insurance to the Millennial

For now, a small percentage of your life insurance clients may be Millennials. But this will change as the Millennials are the kids of the now Baby Boomers. And they will inherit the wealth which you have assisted their parents with growing and protecting. And by 2017, Millennials will outspend baby boomers. Millennials, born between 1980 and 2000 (approximately 20 to 37 years old), seem to be a difficult market to tap into across industries. Including the life insurance space. Traditional sales and marketing strategies do not tend to work. Traditionally life insurance was a popular benefit option in this age group. As the perception was that it gave a promise of financial security for...

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What?! I Can Sell My Life Insurance Policy? Why? Palm Desert Chamber of Commerce

Yes, you can sell your life insurance policy! 500,000 seniors a year “lapse” their life insurance policies….walking away with nothing. Why? Because they don’t know they can sell their policy for a lump-sum in cash. All types of policies can be sold, including term policies…yes, even term policies. Selling a policy is done through a life insurance settlement, which simply put, is the sale of a life insurance policy to a third party (usually an investor group) for more than any surrender value in the policy. The benefit to the client is that they receive a lump sum payment that is 3 – 5 times greater, on average, than the surrender value of the policy. So, now, why would anyone sell their...

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Compensate life insurance mis-selling victims

Compensate life insurance mis-selling victims 4 min read . Updated: 08 Feb 2013, 07:52 PM IST Deepti Bhaskaran But the problem is that it is difficult to establish misselling since customers sign on the papers. In a conversation with this reporter, an official from the Ministry of Finance, who did not wish to be identified, admitted that rampant misselling in the life insurance industry has been a matter of concern for the ministry for some time now. “Misselling has always been on our agenda and the kind of money that investors have lost is worrisome. I think it is deliberate on the part of the insurers to not publish how much the investors have lost but we will now take it up with the...

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