Robert Hall
New Member
- 17
I had a guy tell me that he is converting 25% of all of his Med Supp sales into annuity sales. Is there anyone out there doing that?
Turning Medicare Supplements into Annuity sales
- Thread starter Robert Hall
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Now, I never thought about the kind of annuity he might be selling. Heck, it could be a fixed premium annuity. $25 bucks a month isn't necessarily hard to sell, but it won't make you very much money.
I am aware of agents who roll money into an immediate annuity. Not sure I agree with that approach but I suppose it makes sense for some. Often, but not always, it's rolling over a lump sum distribution and creating a lifetime stream of income.
- 1,900
I have definitely spoken with many agents over the years who can consistently convert 5% to about 10% of their Med Supp BOB into some type of cash policy/annuity sale (believe it or not, even some FE agents are doing this!)
25% though seems pretty high ... I would be curious to see the process
25% though seems pretty high ... I would be curious to see the process
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Robert Hall
New Member
- 17
I'm one of the Top annuity producers in the country. This agent claims that he can do 13 million in FIA business. I just find that hard to believe. I agree with everyone. I'm going to feel this guy out. If anything actually comes out of it I will let you all know.
Then he may not appreciate the humor . . .
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