Earn More Business From Existing Clients
When you operate your own financial and insurance services company, sustaining and growing your revenues can be an ongoing challenge. You may realize that you’re not maximizing the revenue opportunities that exist within your client base, but you lack easy and effective methods to offer additional services and maximize the relationship.
Brokers Clearing House has created custom processes designed to help insurance advisors solve this problem. Through our step-by-step methods, insurance advisors are able to effectively leverage relationships and grow revenues without having to “sell” their clients on services they don’t need.
Implementing just one of our processes will help you deepen client relationships and maximize your impact, while helping to transform your business trajectory.
What would your business look like in the future if you could increase the number of referrals you received last year by making a few modest changes to the way you do business?
For our insurance advisors, Dan Allison’s extensive experience in this area is available to those who call Brokers Clearing House home.
Insurance advisors who work with our firm have access to all of the knowledge and resources that Dan Allison and his consulting group have compiled over the years. This includes:
• Extensive trainings and videos covering why clients don’t refer and how to help them start making effective referrals
• Step-by-step training guides and templates to help insurance advisors execute the concepts seamlessly
• Hours of audio training to help the most hesitant insurance advisor feel more confident
Today, as you read these words, there may be clients holding life insurance policies that aren’t meeting their expectations. Why don’t all insurance advisors implement an insurance review process for clients and prospects?
For some, insurance is not their primary area of expertise. For others, tracking the necessary documentation would be exhaustive. Still others see the entire process as too time-consuming and confusing. Brokers Clearing House assists in addressing these barriers so you can put your clients in a better position.
Our turnkey process requires as little as five minutes of your time to initiate the review. Then our experienced staff does all the heavy lifting—gathering in-force information, analyzing the policy, and creating a professionally designed report that lets you show clients how their policy is performing and how to address concerns.
A policy performance evaluation is a valuable and profitable service you can offer to clients. Brokers Clearing House provides everything you need to execute this process and realize the potential for growth while offering real value.
It’s no secret that business owners are a rewarding population to serve. But what can you offer to business owners that might prove valuable to them? How can you get business owners to ask YOU to meet with them to discuss their specific situation—and rely on you for recommendations?
To answer these questions, Brokers Clearing House works with Principal Financial Group. Your access to The Principal’s dedicated team of legal and accounting professionals through Brokers Clearing House represents an opportunity to offer valuable services to business owners. This partnership makes it possible for you to offer two distinctly valuable services to your business owner clients and prospects:
- You can provide a comprehensive review of their existing buy-sell arrangements to ensure that their existing plan meets the needs of their business. In the process of reviewing the plan, our evaluation team is often able to uncover great opportunities for your clients.
- You can give them a complimentary valuation of their business. This will help them understand what their business is worth so they can determine how much insurance coverage is needed.
Have you ever wished that you could offer your clients life insurance coverage and receive full compensation without having to do any of the exhaustive work that can comes with it? You are going to love ASAPlife.com. Available to Brokers Clearing House advisors, ASAPlife.com is a simple, modern and efficient way to sell term life insurance. ASAPlife.com is designed for the insurance advisors who want to stay in control of their term life business while offloading a lot of the work. All while being informed of the status throughout the process.
Here’s how it works:
- You complete a brief drop ticket on ASAPlife.com, selecting products from top carriers and generating quotes accordingly— you don’t even need to be with the client to fill it out.
- A customer service representative contacts your client to complete the full insurance application over the phone. The paramed exam is then scheduled at your client’s convenience.
- Our experienced underwriting professionals review the complete application to ensure it is in good order.
- The application is sent to your client for review and signature, then submitted.
- You receive full commission as soon as the case is issued,delivered and placed!
Finding a way to pay the expenses associated with long term care is a major concern for people who are trying to prepare for their financial future. The most well-defined and implemented financial plan can become irrelevant instantly if a client requires long term care but is not prepared to cover the cost. Fortunately, providers of long term care insurance are offering clients an array of new opportunities to minimize this risk.
Our Long Term Care Insurance Evaluation Process is tailored to meet the needs of people who lack coverage as well as those who would benefit from an assessment of their existing policies.
- What impact would an unexpected need for care have on my financial plan if I self-insure?
- What options are available that would ensure that I don’t pay for something I don’t use?
- How can I ensure that the cost of my insurance will never increase?
- What plans provide me complete control over how and where I receive the care I may need?
- What options do I have to replace my old policy with something more predictable?
In our evaluation process, first you collect some basic Information. Then, our team completes a short fact finder prior to starting the evaluation. In a few minutes you can collect enough information for our team to perform their thorough evaluation.
Next, our team will Look at your client’s needs and any existing coverage and then consider potential solutions that will address their needs in the most independent, comprehensive way possible. You and your client will receive a simple and easy-to-understand report detailing multiple solutions for your client to consider.
Ready to let our experience guide you? Let’s begin
CONTACT USDisclaimers
When choosing a life product, make sure that life insurance needs are met long-term, especially if personal situations change — for example, marriage, birth of a child or job promotion. Weigh the costs of the policy, and understand that life insurance, and long-term care coverage linked to life insurance through riders, has fees and charges that vary with sex, health, age and tobacco use. Riders that customize a policy to fit individual needs typically carry an additional charge. The payment of long-term care rider benefits, as an acceleration of the death benefit, will reduce both the death benefit and cash surrender values of the life policy. Additionally, policy loans and withdrawals will also reduce both the cash value and the death benefit. Care should be taken to make sure that life insurance needs continue to be met even if the rider pays out in full, or after money is taken from the life policy. There is no guarantee that a rider will cover the entire cost for all of the insured’s long-term care, as this may vary with the needs of each insured.
There are multiple ways to insure for long-term care needs. Options vary and some are less expensive than others, but may offer fewer guarantees. A financial professional can work with you to determine what coverage is right for you and how much coverage you should purchase. Health insurance doesn’t cover long-term care expenses. Medicare will cover some long-term care costs, but only up to 100 days (after a 3-consecutive-day stay in a hospital under treatment). Medicaid will cover long-term care expenses for individuals with assets of $2,000 or less (varies by state) and covered care may be limited to a nursing home. Paying for long-term care costs out of pocket may not be practical or cost-efficient for many people.
Final expense life insurance can be used by the beneficiary designated as needed rather than being limited to specific funeral services and providers. Final expense life policies will have a lower face value than most traditional term or whole life policies as they are intended for a specific purpose of covering those final costs rather than providing comprehensive support for surviving family members. This type of policy generally doesn’t require a medical exam, but premiums will be higher the older you are, and some benefit payouts may be limited during the first few years of coverage for those with significant health issues. Reducing or skipping premium payments will impact the amount of interest paid and may impact how long the policy lasts. Accessing the cash value of a policy will reduce the available cash surrender value and the death benefit. Policy guarantees are based upon the claims-paying ability of the issuing life insurance company.
Interest and other guarantees in an annuity are subject to the claims-paying ability and financial strength of the insurance carrier that issues the product. Annuities are long-term vehicles. Many have surrender charges over many years, and withdrawals from an annuity prior to age 59 ½ may be subject to a 10% tax penalty.
Reducing or skipping premium payments will impact the amount of interest paid and may impact how long the policy lasts. Accessing the cash value of a policy will reduce the available cash surrender value and the death benefit. A policy owner does not have the ability to make unlimited payments into the policy. If too much is paid into the policy, it will become a Modified Endowment Contract (MEC) and withdrawals and loans will be taxable. Policy guarantees are based upon the claims-paying ability of the issuing life insurance company.
This is a solicitation for insurance and I understand by providing my phone number and information and clicking Submit, I am giving permission to contact me for the purpose of marketing insurance products and services. I also understand I may be contacted by a properly licensed insurance agent who can answer my questions and provide information about Medicare Supplement, ACA health insurance, long-term care, fixed annuity, life insurance or major medical insurance products and services. The licensed insurance agents who might contact me are not connected with or endorsed by any government agency or program. Submitting this form does NOT affect your current enrollment, nor will it enroll you in a Medicare Advantage Plan, Prescription Drug Plan, or other Medicare plan.