by Guest » Sun May 23, 2010 03:36 pm
Would anybody be interested in joining me? If 4000 agents got together investing 5K each, we could purchase a small insurance company to sell Final Expense insurance. Because we are all owners in the insurance company
1. We’d all want to write most or all of our business with our own
company.
2. We might be more careful about the quality of our business (not that
we shouldn’t now).
3. We wouldn’t mind keeping first year commissions to a minimum (say
70-80%). This would make the company profitable from the very
beginning.
4. Similar to Life USA in the late 80’s, we could offer 10% of the
commissions in the form of common stock. The more business you
write the larger your back end profits!
5. How about a company built on a spirit of cooperation instead of
competition? As far as I know, this would be a first for an industry
that could truly use a breath of fresh air.
6. Imagine client driven marketing! Sales letters, direct mail,
seminars, etc. all creating real interest in benefits to the client, rather
than features that they care very little about.
1. We’d all want to write most or all of our business with our own
company.
2. We might be more careful about the quality of our business (not that
we shouldn’t now).
3. We wouldn’t mind keeping first year commissions to a minimum (say
70-80%). This would make the company profitable from the very
beginning.
4. Similar to Life USA in the late 80’s, we could offer 10% of the
commissions in the form of common stock. The more business you
write the larger your back end profits!
5. How about a company built on a spirit of cooperation instead of
competition? As far as I know, this would be a first for an industry
that could truly use a breath of fresh air.
6. Imagine client driven marketing! Sales letters, direct mail,
seminars, etc. all creating real interest in benefits to the client, rather
than features that they care very little about.
Posted: Mon May 24, 2010 09:27 am Post Subject:
Imagine client driven marketing! Sales letters, direct mail,
seminars, etc. all creating real interest in benefits to the client, rather
than features that they care very little about.
This one certainly seems to be great idea!
Mails and seminars are quite effective when it comes to marketing. Are you proposing to write life insurance? Or does it involve a combination of different sorts?
Posted: Wed May 26, 2010 05:33 pm Post Subject:
Ummm, or you could just create your own agency, accomplish all the marketing and such, and not have to worry about the underwritting of products.
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