How To Sell Life Insurance Policy To Customers. Businesses typically have life insurance needs that they don’t even recognize! Besides having different personal needs, they also have different mindsets when it comes to life insurance.
When you don't have clients it directly impacts your salary. If you have outlived your spouse, your children are grown and financially independent, or you no longer have any financial dependents, then it might make much more sense to exchange your policy for cash instead of continuing to pay for unnecessary. Payouts are significantly lower than the death benefit and come with taxes and fees.
Again and again, studies show this is a winning approach with insurance prospects.
The most obvious reason you would want to sell your life insurance policy is that you no longer need the coverage and you would prefer to get cash for it. Many people who begin selling life insurance are not successful because even though they can sell insurance, they don't know how to go about finding people who need it. Life settlement brokers and companies buy policies from older and less healthy individuals in exchange for cash. If they have objections to buying, we rebuttal them to come to a mutually beneficial outcome.