Term Life or Ind. Health Insurance

[SecureHealth1]

Ok so here is my question. My agency sells about 75 to 100 new ind. health policies a month, we are thinking of moving into more states but I was thinking with all health care reform stuff that is going on along with the bad economy, would it make more sense to focus more on term life instead? I have always wondered if term would be better for a few reasons, not as complex has health is, lower premiums, not as harsh underwriting and you dont have to learn a ton of new stuff about the health companies in every new state we moved into plus we are already licensed in 15 states. Any thoughts?

 

[arnguy]

Probably a good idea.

 

[BNTRS]

I hate what you mass term folks do, but your idea makes a lot of sense from what I see as your stand point.

 

[agentexhorter]

Ok so here is my question. My agency sells about 75 to 100 new ind. health policies a month, we are thinking of moving into more states but I was thinking with all health care reform stuff that is going on along with the bad economy, would it make more sense to focus more on term life instead? I have always wondered if term would be better for a few reasons, not as complex has health is, lower premiums, not as harsh underwriting and you dont have to learn a ton of new stuff about the health companies in every new state we moved into plus we are already licensed in 15 states. Any thoughts?

depending on the demographics of your existing clients, there's a good possibility of adding significant income by filling in some gaps your clients may have in their coverage. a couple come to mind that can be coupled with health and/or term life.