- 30,589
Free $1,000 accidental death policy.
National Life Insurance Day
- Thread starter shonceman
- Start date
- Thread starter
- #12
- 4,306
I've heard of that! That would actually be fantastic for debit sales. Who offers that? (I mean, what carrier?)Free $1,000 accidental death policy.
It used to be with American Amicable. Then, they decided it wasn't as much of a lost leader that they thought it would be. So, they started having the IMOs actually print out the policies and all that. I'm not positive, but I don't think that went over very well either. Of course, it was only designed to be free for a year. I'm not sure if AM AM still has that available or not.
- Thread starter
- #14
- 4,306
They were likely targeting the wrong market. An exec at a different carrier told me how he used to offer one year free accident policies when he was getting his former company set up overseas (I forget what country). They were targeting the growing working class family market, and he needed a way to get leads for the new agents he'd recruited. So, they set up some kind of display at gas stations, stores, etc., offering the free policy, then hand delivering it when issued. He said they wrote a LOT of life insurance that way. Like I said, I think it would work fantastic for my debit market, but I'm pretty sure AmAm wasn't interested in that end of the business.
- 30,589
I wouldn't give it away even if it was free, if AmAm was involved.
- 5,938
Don't pee on electric fences.
- 30,589
Why not?
- 5,938
- Thread starter
- #19
- 4,306
And get somebody to shoot a video of it. I can see the clickbait title now: "SHOCKING Video of Old Man Taking a Leak!"Give it a try and then get back to me.
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- 30,589
I take it that you're speaking from experience.Give it a try and then get back to me.
