Million-dollar whole life!

[DHK]

Shame on me for missing that.

 

[rousemark]

Only 3% - but, would really be a service to get the Life biz. But 3% of $1million a month would be sweet . . .

What happened to the FE Call Center that you have moved on to selling FE using the AL Williams spiel?

 

[toolbelt]

but BTID advocates will have to live with the advice knowing that most never do the 2nd part & will outlive their term coverage by 30-50 years in many cases

Most never do, not because they won't, but because they can't. The people targeted by the BTID force are admittedly of lower wealth to begin with. They have little discretionary income to invest in the first place, and having a low cost term policy won't change that. And especially so if that term policy has much higher premiums than their competitors. Even dropping WL coverage completely and investing all of it won't give them financial freedom .....ever.

 

[rousemark]

It's long, but check out John Savage's circles and "tin can" presentation here:

Looks a lot like Neal Cavuto..

 

[goillini52]

Looks a lot like Neal Cavuto..

Doesn't sound anything like him though. Especially since Trish Regan is filling in for him. I'd much rather look at Trish.

 

[myinsurebiz]

What happened to the FE Call Center that you have moved on to selling FE using the AL Williams spiel?

I decided to just be me for now. Our marketing was creating leads for Term / Mortgage and once I started selling it - man, Term is so much easier than FE.

Term also opened the door to the Employee market. FE doesn't bode well in that environment.

I will still write SIWL when it presents the opportunity.

 

[goillini52]

I decided to just be me for now. Our marketing was creating leads for Term / Mortgage and once I started selling it - man, Term is so much easier than FE.

Term also opened the door to the Employee market. FE doesn't bode well in that environment.

I will still write SIWL when it presents the opportunity.

Is that why you don't hang out in the FE Forum that much anymore?

I think you finally found your "calling" Tom. I'm happy for you!!!

 

[myinsurebiz]

Most never do, not because they won't, but because they can't. The people targeted by the BTID force are admittedly of lower wealth to begin with. They have little discretionary income to invest in the first place, and having a low cost term policy won't change that. And especially so if that term policy has much higher premiums than their competitors. Even dropping WL coverage completely and investing all of it won't give them financial freedom .....ever.

Hopefully there may be an easy solution one day . . . CapitalOne 360 is a decent option.

Premiums are what they are. Clients can go the fully underwritten route for the best rate and also the hassle -or- they can go the SI Non-Med route for convenience.

My rates are no lower nor higher, than other Agent's. We can all access the same Carriers.

 

[myinsurebiz]

Is that why you don't hang out in the FE Forum that much anymore?

I think you finally found your "calling" Tom. I'm happy for you!!!

Thanks Tom. Less stress selling Term. Renewals aren't quite as high though.

I foresee my persistency being 90% to 100%.

 

[rousemark]

Term also opened the door to the Employee market. FE doesn't bode well in that environment.

Who says? Howard Catchings made Top of the Table many years selling FE on payroll deduction..