When it comes to life, health and disability insurance, a “preferred” risk is always attractive to an insurance underwriter or actuary. Insurance company executives favor lower-risk business from relatively young, healthy clients with clean backgrounds, as they employ table ratings, flat extras, higher premiums, postponements and even flat out declinations for those individuals viewed by […]
Client referrals are fantastic lead generators, but very few insurance agencies can survive by word of mouth alone. Maybe not on the same grand scale, but like a Fortune 500 corporation, you must promote yourself, your wares and skill-set to advertise your business and earn new clientele. In this digital age, marketing and advertising are […]
For years, [the Disability Insights column in Broker World Magazine] has been a devotion and a sincere reflection of the passion for disability insurance held by the great W. Harold Petersen. I know Harold has deeply enjoyed his tenure, sharing his unfathomable knowledge and remarkable insights to the relatively misunderstood and often overlooked world of […]
No matter the insurance product, the more your clients are familiar with, the more they will be comfortable with completing an application, relinquishing their precious time to an underwriting process and ultimately choosing to spend money on some sort of prescribed financial protection. Nothing can be truer when regarding disability insurance, as there is a […]
Happy New Year to you. The ball has dropped and the page has turned. We begin fresh and anew. The last 12 months have been filled with many business accomplishments as record numbers were set throughout the specialty-lines industry in 2017. The individual and group disability insurance markets seem to be stronger than we have […]
Some words of wisdom to pass on to your clients: Learning about disability insurance may seem boring to most, and to many uninformed Americans, it may seem like a lousy product to buy. Literally, it’s just a piece of paper. It has no moving parts, no wheels, no shiny chrome strips, you can’t ride on […]
The business world is like a complex organism, a living thing that moves and breathes, grows and contracts, flourishes and stalls. It is ever changing according to a multitude of influences like the stock market, politics and local economies which all can greatly affect businesses no matter their size or their industry. Because of economic […]
The following are words to instill in the American people to help them understand their financial needs so far as solving problems created by the “living of life.” One of the important things that must be communicated to a prospect is that you, the producer, didn’t come there with problems to give to the prospect. […]
When considering personal insurance lines, “more” is almost always better. More coverage means more financial protection against the bodily threats and risks that inevitably come with life. When you prescribe your clients medical insurance, you dutifully advise them to have a comprehensive policy that fits into their budget, but covers them as completely as possible. […]
2017 has been a rollercoaster, a rough year for much of this country. Thousands have been affected by great tragedies over the past 11 months as many Americans have lost their homes and businesses during the devastating hurricane season that ravaged the South, Southwest and Caribbean. Lives have also been tragically impacted by the recent […]