SAN DIEGO (PRWEB) September 16, 2020 Ensight, the leading life and annuity digital sales acceleration platform for insurance carriers, distributors and financial professionals, today announced Advisors Insurance Brokers, (a New York Long Term Care Brokers, Ltd. Company), will now offer Ensight’s intelligent quote and presentations platforms to its broad group of agents as part of their partnership offering. The platform will enable Advisors Insurance Brokers (AIB), which specializes in life, long-term care, annuities, disability insurance, and linked benefits the ability to provide an even higher, more efficient and consistent level of service to its affiliated agents and advisors. Ensight...
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Advisors Insurance Brokers Adds Ensight Sales Acceleration Platform to Simplify Life Insurance Selling SAN DIEGO, Sept. 16, 2020 /PRNewswire-PRWeb/ -- Ensight, the leading life and annuity digital sales acceleration platform for insurance carriers, distributors and financial professionals, today announced Advisors Insurance Brokers, (a New York Long Term Care Brokers, Ltd. Company), will now offer Ensight's intelligent quote and presentations platforms to its broad group of agents as part of their partnership offering. The platform will enable Advisors Insurance Brokers (AIB), which specializes in life, long-term care, annuities, disability insurance, and linked benefits the ability to...
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Reporting life settlement sales after the Tax Cuts and Jobs Act Find out about a new requirement for life insurance companies to report sales of life insurance policies. By David K. Smucker, CPA A life settlement is the term the financial services industry uses for what the Internal Revenue Code calls the commercial transfer (i.e., sale) of a life insurance policy (term or permanent) to a third party, an acquirer, who has no insurable interest in the insured’s life; specifically, the acquirer “has no substantial family, business, or financial relationship with the insured apart from the acquirer’s interest in such life insurance contract...” (Sec. 101(a)(3)(B)). The life settlement market...
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LIFE INSURANCE SALES SUPPORT STUDY GROUP INC INDIANAPOLIS, IN 46204-5100 | Tax-exempt since Feb. 1999 Tax Filings by Year The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Read the IRS instructions for 990 forms. If this organization has filed an amended return, it may not be reflected in the data below. Duplicated download links may be due to resubmissions or amendments to an organization's original return. If you would like to download Form 990 document PDFs in bulk, the Internet Archive operates a mirror of the original bulk data. Dec. 2018 Fiscal year ending Dec. Dec. 2017 Fiscal year ending Dec. Dec. 2016...
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Life, accident, health, property, and casualty are the main types of insurance most consumers will have during their lifetimes. While there are many other forms and types of insurance (there is even livestock and equine insurance), these critical five make up the product portfolio of most insurance agents. For those who choose to sell insurance as a career, the rewards can be incredible. From unlimited income potential to earning trips around the world, there are many attractive benefits. However, many who try their hand fail within their first year. An Overview Most insurance agents begin their careers with a list of prospects and maybe a few inactive or semi-active accounts. In other...
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Find out how to write a life insurance sales script that will make you the most successful insurance agency around. We all have that thing we can’t live without. For some of us, it’s that first cup of coffee in the morning. For others, it’s a favorite tool or software that makes our jobs easier. Then there are those who can’t live without that perfect life insurance sales script. (Don’t scoff!) A winning life insurance sales script can be your ticket to closing more deals. It’s your back-up plan when you forget what you need to share with a potential client. And it’s your security system when you’re trying to make a challenging sale. In fact, a good script can help you focus more on...
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Conventional wisdom says young people don’t need life insurance at all. If that’s true, someone needs to tell all of these young people. The Globe and Mail reports that more and more Canadians in their 20s and 30s are buying life insurance online, having seen the toll COVID-19 has taken on people’s lives and the economy since March. Most aren’t even worried about getting sick. But all the stories of layoffs and financial strife have made them think about what would happen to their families if their income disappeared for good someday. As a result, Sun Life Financial has seen its online life insurance sales surge by more than 40%, compared to the same period last year. Sales are up by more...
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Captive and Life Insurance Sales Plans Target Doctors Here are some of the vital basics doctors and their advisors need to know about captive and life insurance sales plans. Among the high pressure sales strategies targeting doctors at year-end are plans featuring captive insurance companies and life insurance. This is my third and hopefully final installment on the legal and tax planning strategies that are marketed to doctors by various promoters every September. Our first discussion covered estate planning, estate tax, and gifting based sales and was largely a summary of the facts on these issues that most consumers need to know. Our last discussion covered more overt threats including...
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Agents, we have a problem: Individual life insurance ownership in the U.S. has reached a 50-year low. It’s not due to a lack of need in the marketplace— consumers are unaware of the need for coverage, and the array of options can be confusing. (Tweet this!) But this lack of consumer knowledge is an excellent opportunity for agents who know their products and are keen to grow, because there is no better time to be a trusted advisor offering life insurance to clients. With that in mind, take a look at these proven life insurance sales ideas and techniques that separate the top producers from the rest of the industry. By following these tips, you’ll be able to help more clients and drive more...
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Life insurance sales slump continues By Alain Thériault | March 01 2018 07:00AM The latest LIMRA report reveals that individual life insurance sales in terms of annualized premiums fell by 29 per cent in Q3 2017 compared with the same quarter in 2016. The cause: the new tax laws that took effect on Jan. 1, 2017. Individual life insurance sales skyrocketed in the third and fourth quarters of 2016. The honeymoon continued in Q1 2017. Not surprisingly, two consecutive quarters of declines followed. The crash landing was particularly brutal in the third quarter. “The Canadian life insurance market in the third quarter of 2017 has run up against the extreme growth that began in the third quarter...
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