Independent Agent Needs Forms

[jcat6002]

Does anybody know where I can get a standard form the explains the differences between permanent and term insurance. I have already explained to the the difference verbally but would like to get her something in writing along with the quotes I have prepared for her.

 

[Newby]

Just type her a personal letter on your letterhead and state very clearly:

Term= temporary insurance for a set period of time or term
Permanent= lifetime insurance (usually UL with flexible rates)
Whole-Life= lifetime insurance with guaranteed increasing cash values and usually with a level premium rate for life.

Sign it and you're done. What part doesn't she understand?

 

[jcat6002]

She stated that she did understand after our conversation but no one has never given her any type of information inhand concernng the different types. I just wanted to go the extra mile. As a newly independent agent such as myself would you advise I do so?

 

[sshafran]

You can use a service like VSA. I think you'd be able to find enough simple but thorough materials with them.

 

[Frank Stastny]

Your best source of information is going to be Nick Perry with ILIAA. He has and is a wealth of information.

His phone number is 404-660-1020.