thebeacon
Expert
- 77
Re: Will you work with low income people?
NO!
NO!
Selling Insurance to low income people?
- Thread starter Survivor
- Start date
- 17,057
Re: Will you work with low income people?
I have to agree with most of what everyone said here. They are usually time-wasters.
Wealthy people are harder to het appointments with but they are serious and understand your presentation.
I have to agree with most of what everyone said here. They are usually time-wasters.
Wealthy people are harder to het appointments with but they are serious and understand your presentation.
- 3,863
Re: Will you work with low income people?
Everyone of them were out shopping today buying toaster ovens, t.v's, and other CRAP they don't need - but no health insurance.
You know what - I am starting a new thread... I am steamed after shopping this morning and seeing what the "low income" population considers a priority.
Everyone of them were out shopping today buying toaster ovens, t.v's, and other CRAP they don't need - but no health insurance.
You know what - I am starting a new thread... I am steamed after shopping this morning and seeing what the "low income" population considers a priority.
Re: Will you work with low income people?
Work with low income clients – NO
Work with teenagers or twenty something singles – NO
Work with twenty or thirty something smokers who have no insurance –NO
I realized a long time ago that a smokers with no insurance are willing to pay 100.00 a month for their cigarettes but they will tell you that can afford your 80.00 health insurance policy.
I signed a self employed lady a few months ago on a plan for herself. She had BCBS and I got her on a plan with the same deductible and coverage that cut her premium down by 40%. She was a smoker. She has a 16 year old daughter that has no health insurance. To add her daughter to that plan I put her on would have increased her premium extra $40 per month. She said that was too much money to put her daughter on her plan. Again willing to fork out the $$ for her smokes but not for her teenage daughter to have health insurance, and I cut her premium down by $100 per month. Yes, more money for lotto tickets - Pity full
Work with low income clients – NO
Work with teenagers or twenty something singles – NO
Work with twenty or thirty something smokers who have no insurance –NO
I realized a long time ago that a smokers with no insurance are willing to pay 100.00 a month for their cigarettes but they will tell you that can afford your 80.00 health insurance policy.
I signed a self employed lady a few months ago on a plan for herself. She had BCBS and I got her on a plan with the same deductible and coverage that cut her premium down by 40%. She was a smoker. She has a 16 year old daughter that has no health insurance. To add her daughter to that plan I put her on would have increased her premium extra $40 per month. She said that was too much money to put her daughter on her plan. Again willing to fork out the $$ for her smokes but not for her teenage daughter to have health insurance, and I cut her premium down by $100 per month. Yes, more money for lotto tickets - Pity full
- 596
Re: Will you work with low income people?
I had a meeting with a gal this morning that just turned 65. I went to talk Medicare supplements on the suggestion of her husband. I walked in and the first thing she said is if it's costs me "anything", I don't want it. We discussed the gaps (hospital deductible, no prescription coverage) and she told me she could care less about prescriptions. I told her about some scenerios where she could potentially have huge costs that may not be in her control, but she said "no thanks."
I showed her a both a supplement and an MA plan assuming she would pick the MA plan due to no premiums, but I was taken off guard. I explained the differences and the husband said he would pay for the supplement, but he also didn't want to pay for Part D. So I sold them the supplement and went out the door. You can't fix stupid.
I had a meeting with a gal this morning that just turned 65. I went to talk Medicare supplements on the suggestion of her husband. I walked in and the first thing she said is if it's costs me "anything", I don't want it. We discussed the gaps (hospital deductible, no prescription coverage) and she told me she could care less about prescriptions. I told her about some scenerios where she could potentially have huge costs that may not be in her control, but she said "no thanks."
I showed her a both a supplement and an MA plan assuming she would pick the MA plan due to no premiums, but I was taken off guard. I explained the differences and the husband said he would pay for the supplement, but he also didn't want to pay for Part D. So I sold them the supplement and went out the door. You can't fix stupid.
- 25,822
Re: Will you work with low income people?
Where do you live?
Where do you live?
Today, the "Hood Not Good".Everyone down there knows the "insurance man" carrying a lot a cash,because no one down there has any checking ,or savings account.There have been agents here in the big city where I sell that have been jumped down there.I tried it,rode with manager and on my own stopping at houses with screen door hanging off and junk cars in yard and 8-10 dudes hanging around together on the street looking at us like their gonna beat the h..ll out of us the second we get out of the car!You can have that market.My manager would go in houses I would'nt even stop at.One of them broke out the penny jar and started counting out change and $1 bills for her 1ST months payment of around $30 for her "burial plan".They make selling final expense and all sound so appealing in the recruiting ads like "Earn A Six Figure Income Selling Final Expense and Dual Eligible Policies". In my city a lot of Police won't even go into"Gang Country".`
- 409
Re: Will you work with low income people?
In my opinion, regardless of income level, if your clients aren't coming to your office you're working with the wrong people. It is a far more efficient use of your time if you schedule your appointments at your office and have them come to you. You cut out your travel time. If you have someone cancel or no show (and they will), it's not as big of a deal because you're in your office and can work on other stuff, like prospecting...
In my opinion, regardless of income level, if your clients aren't coming to your office you're working with the wrong people. It is a far more efficient use of your time if you schedule your appointments at your office and have them come to you. You cut out your travel time. If you have someone cancel or no show (and they will), it's not as big of a deal because you're in your office and can work on other stuff, like prospecting...
- 7,790
Re: Will you work with low income people?
Absolutely, positively no!!!
Absolutely, positively no!!!
- 4,746
Re: Will you work with low income people?
Will you work with low income people?
no
Will you work with low income people?
no
Similar threads
