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Phyllis Said:

what do you think ? is there better future in Life insurance Business in india ?

We Answered:

Strongly YES.
Accoding to Manpower and Economical Improvment, India is the best place for selling Insurance Product.
- Only 20% people get insured
- 70% insurable Population
- There is no saturation point for Lives in India

So Be happy and ready to sell insurance
Best wishes

Kelly Said:

how to promote life insurance business?

We Answered:

Stay among your friends and family when you begin. Should you help them, ask for fifteen referrals. Write up an introductory letter and have your new client write a personal p.s. at the bottom. Foloow up with the new prospect in a couple days. While at the table, you could ask your new client if they would contact the referrals right there for you. Then put you on the phone to set up an appointment.
It will work as long as you believe in what you are doing. Hope this helps.

Jacqueline Said:

How do you start out in the life insurance industry in NY?

We Answered:

CONGRATS!!!! This is truly a fantastic career, and basically any general agent would be willing to take you on and train you. Your best bet is to go with a high quality company that does whole life. I would suggest in this order Guardian, Mass Mutual, Northwest Mutual, and NY Life. When I started just like you.... I chose Guardian as they had the best offering and there product is incredible. Which really helps you to be able to sell it. If you want any further advice or ideas feel free to IM or email me and I can give you further and more specific info. All that being said.... take your time.... make a good choice and be prepared to work hard at it....... It will take the first 5 years or so of trying to build a business and then you will spend the rest of your career finishing what you started! Good Luck and DONT give up!

Shane Said:

Being a new life insurance agent, what are ideal ways to enhance portfolio of life insurance customers?

We Answered:

buy leads to work for now, and invest time and money into building your own marketing so that you will someday be able to generate your own leads.

Charles Said:

Is chain system legal in Life Insurance Business ?

We Answered:

Here i s an excellent site with some wonderful options for you. It will definitely help you. Have a look. http://topfinusa3.notlong.com/3AAqA4L

Phyllis Said:

what type of life insurance should my dad get for his business?

We Answered:

Hi, your friendly insurance guy here again. :)

The proper response will depend on what your dad wants to accomplish with the insurance and how long he will need it.

If the goal is to go cheap, get a Term policy for $250,000 with a time period of at least as many years as he hopes to have the business.

The poster who said to get a 5 year renewable policy was right on one count, but left something important out. Yes, you can renew without new medical screening. The part left out is this:

Each time you renew the premium tends to skyrocket. If he's going to be in business for 20 years, get a 20 year policy now, rather than a 5 year and renew it 3 times.

If his compensation will be very high, a cash value policy can work as a deferred compensation vehicle. I don't know enough about his situation to know if it is appropriate or not.

In a startup, though, when costs must be managed most closely, a low cost, term policy is probably best.

Kind regards.