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Discussion on 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . . within the General Insurance Agent Discussions, part of the Insurance Agents and Brokers Forum category.
He doesn't want monthly payments. He doesn't want an investment or an annuity. He wants to put up the cash, ... |
11-17-2008, 09:54 PM
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#1
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Guru
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400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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He doesn't want monthly payments. He doesn't want an investment or an annuity. He wants to put up the cash, name his beneficiaries, protect them from taxes and forget about it . . .
What carrier will write this kid?
His only issue is his weight. Healthy as a horse. Well - maybe two horses . . .
He's a rapper in Atlanta and has $100k cash to put up.
Wants to provide for his 18 year old wife and 3 kids when he kicks the bucket.
What would be his best course of action to provide liquid cash quickly upon his death?
Man - these NetQuote leads produce some weird cases. I've checked this guy out - he is legit, but doesn't trust anybody he knows.
Guess these "unusual" cases appreciate a no pressure insurance guy like me - they open up and seem to really trust a country boy like me . . .
Any suggestions?
Thanks,
Tom
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Insura-Choice - "Your Partnership for Prosperity"
Start Your Very Own Insurance Call Center!
Contact Tom @ (912) 225-1272 For Info!
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11-17-2008, 10:14 PM
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#4
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Guru
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Quote:
Originally Posted by djs
#1 - Only one suggestion.... Dump the netquote leads.
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They actually produce large commission sales. I've made more in the last two weeks on Term through NQ than ever . . .
Simply Amazing.
Quote:
Originally Posted by bluemarlin08
Tom, in all honesty you need to connect with a mature agent or get a good brokerage company.
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Actually Blue - I learn very fast. Through this forum I've not only gained the info needed to close sales - but, have done so in minutes - versus - months of dealing with "mature" agents.
No offense - but it isn't rocket science with someone providing the right direction.
If you don't wish to assist - by all means don't.
I appreciate this Forum and many of it's members and their contributions.
I just want to do what's right by the client. When I'm in doubt - I seek advice . . .
It's not hard to take an app and press submit once you know what the deal involves and what the client needs.
So - instead of snide remarks Blue - what would you do in this particular case?
Tom
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11-17-2008, 10:38 PM
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#7
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Guru
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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You own the client.
The broker pays you.
The brokerage deals with this type of client question 10 times a day.
Find an MGA in your area, call them, see what they will do for you. Make sure you ask them these very questions, because they are not universal answers.
Dan
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11-17-2008, 10:53 PM
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#9
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Guru
Join Date: Jan 2007
State:
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Check you PM, Tom. My recommend will appoint and will release on request.
Last edited by Dave020 : 11-17-2008 at 11:00 PM.
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11-17-2008, 11:19 PM
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#11
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Guru
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Quote:
Originally Posted by TXINSURANCE
One question for Tom - Does NetQuote consider this a valid lead? While I wish you luck placing your case to me this lead is not worth paying for.
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Yes - I buy impaired leads for only $3.
Have been with them since the first of the month.
45 Leads.
Over $15k in Annual Premium.
Excellent ROI.
I focus mainly on FE - but these leads are mostly seeking Term. I oblige . . .
Tom
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11-18-2008, 12:59 AM
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#13
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Guru
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Quote:
Yes - I buy impaired leads for only $3.
Have been with them since the first of the month.
45 Leads.
Over $15k in Annual Premium.
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You rock.
That's a great ROI. Glad to hear that.
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11-18-2008, 11:05 AM
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#14
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Guru
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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If you're in Atlanta, contact one of these brokerage houses:
Diversified Insurance - Tonia Pettit
Or
Palmer Agency - Jimmy Harrington
I'm in Atlanta, and I've got a good idea who this rapper is. They are a litigious bunch, proceed with caution, and don't go it alone.
There was another rapper, here in Atlanta, who closed down his restaurant, managed by his mother, and left a dozen workers out in the cold. They are trying to take him to court, and he is delaying, costing both sides money (he's got it to waste - his workers don't)
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Bob Levine
Legacy Financial Partners
3003 Summit Blvd. Ste. 1500
Atlanta, Ga. 30319
404-551-5339
bob@theinsuranceplace.org
"Plant a tree where you'll never be, and let it grow, and provide shelter for those you don't know."
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11-18-2008, 11:40 AM
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#15
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Guru
Join Date: Sep 2006
State:
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Quote:
Yes - I buy impaired leads for only $3.
I focus mainly on FE - but these leads are mostly seeking Term. I oblige . . .
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Here's a tip that may help you. Most of us veterans learned this a long time ago as we were paying our dues...
If they want to buy life insurance, there's usually a reason (and rarely a good one) why.
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GoGators
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11-18-2008, 01:02 PM
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#16
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Guru
Join Date: Sep 2006
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Re: 400# - 5'2" - 19 Year Old - Wants Life Insurance - Single Pay Maybe . . .
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Quote:
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I'm in Atlanta, and I've got a good idea who this rapper is.
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Sorry, but you don't seem like the homeboy type.
Must have misjudged you.
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11-18-2008, 01:23 PM
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#17
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Guru
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