How to Succeed in Life Insurance Sales: Fast Start Guide for New Agents
In this session, we cover essential tips for new agents in the insurance space. If you're just getting started, the first step is securing your writing number. You'll also need your script, cheat sheet, and one-page application. This video outlines how to get up and running fast with life insurance, Medicare, and simplified issue final expense insurance. We discuss how Index Universal Life (IUL) and Infinite Banking concepts are becoming popular, but emphasize the importance of fully understanding and correctly structuring these policies. If not set up properly, these plans can easily underperform. It’s essential to focus on what works for most clients—life and final expense insurance, which is more accessible and can be sold with quick approvals, especially for individuals with health complications. This training also highlights the pitfalls of agents selling poorly structured policies and how to avoid those mistakes. Additionally, we touch on the basics of simplified issue policies, which don’t require medical exams or blood tests and can be approved in just a few days. These policies are great for clients between the ages of 50 and 85, offering permanent coverage that won’t change due to age or health after approval. We dive into the importance of understanding your client’s needs, communicating effectively, and how to differentiate yourself in a competitive market. The conversation covers techniques to focus on clients who may not be eligible for other types of insurance, like term policies, and helps position final expense insurance as the best option for them. The importance of discipline and commitment is also covered. To succeed, it's critical to follow a proven system and put in the necessary work. Consistent talk time and a high number of calls are key factors for achieving success in this industry. In the end, the video emphasizes the need to outwork the competition. Whether it’s making 200 calls a day or committing to longer hours, the key takeaway is that hard work and persistence will set you apart. For those looking to achieve high performance, it’s important to stay disciplined, commit to your schedule, and continuously improve by learning from top agents in the field.