Final expense life insurance sales is the easiest sales job I have ever had. I have been in sales for the past 13 years and I have always done very well in sales. I’m usually the top salesman wherever I go.
Have you ever been summoned by the family to assist financially with a loved one’s closing life expenses? If you haven’t, you have truly been blessed. If you would permit me, I would like to share three accounts of some loved ones with diabetes, one prepared the other two ill-prepared for their closing acts.
open care final expense insurance for burial arrangements does not protect against inflation. It is just an insurance policy designed to deliver a predetermined lump sum.
It is simply a small face value whole life policy that has been designed to be easy for seniors to apply for. Face values usually range from $2,500 – $25,000. They are meant to pay for funerals, handle other expenses, and pay off debts. Any remaining cash can be used by the named beneficiaries in any way they see fit.
3) Social Media- It is an interesting way to get the word out, but the social media are actually perfect for this. You will not be selling anything here, but you will be sharing your work. The people you come in contact with will come to know you in connection to your industry and will think of you when they or others are interested in buying. Be careful when you mention your work. You can’t be a salesman here. This is for socializing as you would in a neighborhood BBQ atmosphere. The subject of what you do for a living will come up and you can mention it casually. Then the conversation will move on.
There are age limits to policies, and you will have to check with different insurers. But I have seen companies that will accept some applicants up to age 85. These type of senior burial policies are usually intended for people over 50, though of course younger people can find whole life insurance policies.
Consider, people don’t always do or buy what they need. Logically, we may know we need to lose weight, quit smoking, save for retirement or pay off our credit cards. But, do we do it? NO! We put it off until we have no other choice, because it’s causing us unbearable pain. Only when the pain becomes too great to live with, will we decide to do something about it.
Guaranteed issue policies, on the other hand, will have a waiting period instead of health questions. That way, almost every senior can be accepted. But if the insured person dies before the period ends, the family may not be entitled to the whole face value. Instead they may get the premiums returned, with interest, or they may get some percentage of the face value. You must look at the individual policy for details.