As we all get rolling into the last couple months of the year be sure you do not forget the Free UW Upgrade program we are running! A free bump from Standard to Preferred or Preferred to Premier sounds nice – but what can it do for the client? Check out the attached piece from Accordia Life/Global Atlantic which shows you the increase in DB your clients could purchase with the same premium amount using our Free Upgrade from Standard to Preferred.
The Implications of Carrying Higher Housing Debt into Retirement
Over the last 25 years, Americans near and in retirement experienced an increase in housing debt that far outpaced the increase in housing values over the same period. Based on National Retirement Risk Index (NRRI) research by the Center for Retirement Research at Boston College, Planning for Retirement: The Implications of Carrying Higher Housing Debt into Retirement explores the consequences of this trend, and highlights the role life insurance can play in helping to mitigate debt burdens. Read the Paper.
How Unprepared Are Baby Boomers?
The IALC released new data that shows many baby boomers struggle to answer simple questions about retirement. 60% of baby boomers think the average American needs less than $1 million in retirement when experts say health care costs alone can account for more than $250,000.
1 in 4 baby boomers have less than $5000 saved for retirement. More than 50% have no idea what the average monthly Social Security check is and many overestimate the check by $500. Half don’t know there are finanical products like Fixed Indexed Annuities that create a guaranteed income.
Get your qualifying clients the added insurance coverage they need. The MetLife Class Match program can issue a new policy matching a client’s inforce policy’s underwriting class and face amount, up to $1.5 million, regardless if it’s from MetLife or another eligible carrier. Use these tools to find out how it works.
5 Steps to DI Sales
Consumer market research by the Council for Disability Awareness found that consumers underestimate their risk of becoming unable to work because of an illness or injury. And they lack an understanding of the resources that would be available to them. That’s where you can make a difference, and these needs-based sales and marketing materials are designed to help you do just that. From prospecting to point-of-sale, you have the tools to address these misconceptions directly and have a fact-based conversation about the important role of disability insurance. Learn more.
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