50 Year Old - No Bank Account

Quote annual and if they want a monthly tell them to get an account. If it's a trust thing with banks just have them make sure they have enough to cover the premium amount in the account and they can kep on doing what they are doing..


Most of them who say they dont "trust" banks is because the bank doesnt trust THEM....and they cant get an acct if they wanted to.
 
50 year old or any age with no bank account is a walk away for me.

The only monthly direct I will do now are those with a bank account that just don't want to use it for drafts. There's a reason they don't have a bank account in today's world.
 
Most of them who say they dont "trust" banks is because the bank doesnt trust THEM....and they cant get an acct if they wanted to.

Perfect answer. If a person doesn't have a bank account in 2013 then something is wrong...unless maybe they are age 80+.

Tell this prospect he can pay it once every 6 mos or once every 12 mos, which one does he prefer?

If he has the cash while you're there you might as well write him up as direct bill. Co. will pay you as earned, he'll lapse in the next 1-6 mos, but at least you earned a couple mos. commission.

If he says come back at the 1st of next month tell him to call someone else because you are just too busy (successful) to come back.

Know when to hold em, know when to fold em. Just like a successful poker player knows they have to fold the cards they are dealt when there is little chance to make $$, a successful agent knows they will have to fold on leads/prospects when there is little chance of the agent making $.
 
A lot of them can't have bank accounts because they have creditors on them.
 
Newby just reads my post & then post the same thing in different words to make it sound original, lol!

TDF
Sent from my Sprint Phone using Insurance Forums App.

I'm thinking about creating a website and selling other people's posts and ideas at $50 a person!

Opts! Someone already beat me to it.
 
I might be wrong but I beleive with SNL you have to send in the first payment with the application before they will mail out a policy.
 
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