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You're getting DM leads too in addition to tele leads now? I get both too, I like having both....they both have their own pros/cons.
How do u like the DM leads?
Senior Life Replacing Americo 70 Yo Male Smoker..help
- Thread starter jdjinsguy
- Start date
You're getting DM leads too in addition to tele leads now? I get both too, I like having both....they both have their own pros/cons.
How do u like the DM leads?
I have gotten two orders of DM leads from SNL. While I haven't been a big fan of DM leads in the past these are working pretty good. They seem to either be a complete waste of time or lay downs.
I also just got my first batch of totaly live leads as well directly through PHR. While I think I still prefer the press one style leads the live leads are cheaper.
The more I work leads the more I realize, it truly is a numbers game. And any activity is better than none at all.
I worked a couple of appointments on thursday where I got one out of 2. Then I had a lull in the middle of the day so I did a couple of drive bys on the live leads. I knocked on a door and asked for Mary and her husband walked me right into the livingroom where she was sitting on the counch surrounded by 3 or 4 cats 2 dogs and a tv tray full of meds. I told her who I was and why I wasa there and if there was anything specific she needed help with.
She said no it was too late as 30 days ago she had purchased 2 leads through MUtual of Omaha. I asked her what they were and she said 5K at less than $25 per month. I asked to see the policy and she stated she hadn't received anything yet. I said that didint sound right as it doesnt take that long to get a policy.
After going round and round she finally agreed to call MoO, which we did. Her policy had been turned down and then was aproved graded at 3K for $27 a month. Her husbands was still pending.
While I was filling out the application she got uup went into her bedroom and came out with 2 more policies from Mounumental that were about 6 months old.
I ended up replacing both with 10K's from Foresters. She likded the fact they were approved right there over the phone and she reallly like the member benefits.
Bottom line if I had spoken to her over the phone first I very easily could have just blown her off as she just purchased 2 policies from MoO and she at first seemed like a complete waste of time.
I also just got my first batch of totaly live leads as well directly through PHR. While I think I still prefer the press one style leads the live leads are cheaper.
The more I work leads the more I realize, it truly is a numbers game. And any activity is better than none at all.
I worked a couple of appointments on thursday where I got one out of 2. Then I had a lull in the middle of the day so I did a couple of drive bys on the live leads. I knocked on a door and asked for Mary and her husband walked me right into the livingroom where she was sitting on the counch surrounded by 3 or 4 cats 2 dogs and a tv tray full of meds. I told her who I was and why I wasa there and if there was anything specific she needed help with.
She said no it was too late as 30 days ago she had purchased 2 leads through MUtual of Omaha. I asked her what they were and she said 5K at less than $25 per month. I asked to see the policy and she stated she hadn't received anything yet. I said that didint sound right as it doesnt take that long to get a policy.
After going round and round she finally agreed to call MoO, which we did. Her policy had been turned down and then was aproved graded at 3K for $27 a month. Her husbands was still pending.
While I was filling out the application she got uup went into her bedroom and came out with 2 more policies from Mounumental that were about 6 months old.
I ended up replacing both with 10K's from Foresters. She likded the fact they were approved right there over the phone and she reallly like the member benefits.
Bottom line if I had spoken to her over the phone first I very easily could have just blown her off as she just purchased 2 policies from MoO and she at first seemed like a complete waste of time.
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I always seem to do better with drive by's.
What amount of coverage were the Monumental's and how much did you save her going with Foresters?
Didnt saave her all that much, maybe a dollar a month. At first she just wanted me to write 5K more on her and her husband and she was planning on keeping the Mounumental.
I just suggested it would be less paperwork for her kids when she did pass on if she only had one policy for 10 than 2 for 5. Then when you factor in the wasted administrative fee of $300 per month. Then I told her about the advantag of getting a 10K with Foresters because of all the wonderful benefits she would get for bascily free. It wasn't about the money at all. It was about convienance and extra benefits.
I just suggested it would be less paperwork for her kids when she did pass on if she only had one policy for 10 than 2 for 5. Then when you factor in the wasted administrative fee of $300 per month. Then I told her about the advantag of getting a 10K with Foresters because of all the wonderful benefits she would get for bascily free. It wasn't about the money at all. It was about convienance and extra benefits.
bwade45
New Member
Funeral homes do not typically lock-in rates of anything with a final expense policy. They typically use group whole life with growth factors and other special provisions not to mention the premiums Re usually a lot higher. This after writing funeral plans for 22 years.
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Not only that. Where's the replacement form. Guess it's time you paid a call on your client.
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What are DM leads and where can I get some?
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On the question of the difference between final expense and pre-need:
Final expense is a cash transaction. The prospects selects an amount and once approved, as long as they pay the premiums in a timely manner, upon death the beneficiary will be paid cash.
With a pre-need plan, the prospect selects a funeral arrangement, depending upon the type of service desired. The costs the funeral home controls are frozen for Life. There are other costs like limos, flowers, escorts, minister's and musicians money that are usually not frozen and these are called cash advances because the funeral home hires these services outside of the funeral home at the time of need. Once all selections are recorded, the buyer enters a contract with the funeral home with the funeral home guaranteeing price as long as premiums are paid. The whole deal is funded with a whole life policy with a specified growth rate offsetting funeral home's expenses on delivery of a service in the future of unknown cost. Seniors like pre-need plans because they eliminate the family making decisions upon death and makes the buyer feel secure that their service will be handled upon death. The plans I have written have single premium payment, 3, 5 7, and 10-year payment terms.
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because I am currently driving a truck when I work. I am going to buy 3 caskets good, better and best and start selling them in adition to selling FE. Its a new method of cross-selling. I will have three caskets with me when I leave in the morning and hopefully when I get home at night I will only have 1 or 2 left.
And for the record I will be accepting cash only.
And for the record I will be accepting cash only.
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Now that is some funny stuff there nfl.
And I wonder how the replevin agreement might work if you did accept terms, instead of all cash... "Your honor, I need his body removed from my property so I can repo the box that they defaulted upon". Some how the prospects of that don't seem too good, so stick with all ca$h... it works every time.
