In recognition of Life Insurance Awareness Month (LIAM) I wanted to share a few industry statistics provided by LIMRA and point out some under-insured markets needing your attention. Life Insurance continues to be a flagship product for us at Producers XL. It is a product we firmly believe in and always look for an opportunity to encourage our valued advisors to market. As a Life Insurance Advisor, it is your opportunity to put on your […]
As trusted insurance professionals, one of our most important roles is helping clients stay safe—especially from the growing threat of Medicare scams. Scammers use clever tactics to trick beneficiaries into revealing personal information. It’s crucial that we help educate our clients on what to look out for and how to respond. Here are common scam approaches reported to Medicare: Red Flags to Watch For: Scammers may call, text, or email with messages like: “You need […]
As we approach the second quarter of 2025, it is remarkable how quickly the year is progressing. We hope the past few months have brought valuable opportunities your way and that any challenges have been met with confidence and success. At our office, we remain committed to enhancing communication and providing the highest level of support to meet your evolving needs. Whether you are addressing immediate concerns or exploring new sales opportunities, we are here […]
As we enter December, a time of reflection and anticipation, I want to express my heartfelt gratitude to each of you. Thank you for continuing to trust our agency to support you in meeting your clients’ needs. Our goal is to seamlessly complement your process by addressing the risks that impact your clients’ health or business without diverting your core focus. We strive to enhance your services in a way that aligns with your model […]
No one ever expects to be hit by a disability—it’s an uninvited disruption that can turn lives upside down. Yet, what’s even more shocking is how unprepared most of us are for the financial turmoil it can cause. Imagine this: One day you’re going about your life, and the next, you’re unable to work. Your steady income vanishes, and your savings account dwindles rapidly, leaving your family’s financial stability hanging by a thread. The dream […]
In the complex modern life, where risks and uncertainties lurk around every corner, insurance stands as a beacon of security, offering peace of mind in the face of the unpredictable. Yet, as individuals and families navigate the plethora of insurance options available—be it for health, home, auto, or life—the prospect of juggling multiple policies across different providers can become a daunting task. This fragmentation not only complicates the management of one’s insurance needs but also […]
I’ve received many inquiries over the years regarding the pros and cons of choosing between the two types of Medicare coverage: Medicare Supplement policies and Medicare Advantage. I hope this article can shed light on a subject that can be very confusing. Medicare Supplement (Medigap) policies and Medicare Advantage plans are two different types of private health insurance plans that can work alongside Original Medicare (Part A and Part B). Each option has its own […]
The benefits of life insurance are apparent, but the reasons why owning or increasing coverage may need to be more evident to the average American. Hence, these are great reasons to contact your current client base to cross-sell and gain referrals. Marriage: It is always a logical time to purchase life insurance since there is now a sharing of both a household and finances. New debts are probably acquired, and newlyweds should consider adequate coverage […]
Here are some potential sales ideas to promote “key man” life insurance: Highlight the financial impact of losing a key employee: Explain to business owners that losing a key employee or executive can have a significant impact on the financial health of their business. Key man life insurance can provide the necessary funds to cover expenses such as hiring and training a replacement, paying off debts or liabilities, and covering lost revenue. Emphasize the […]
Couples may not immediately see the need for life insurance regarding a stay-at-home parent. However, review with them the price of replacing all the services that person provides, and they might decide it’s in their best interest after all. Show your clients how much it would cost to fulfill the obligations of a stay-at-home parent and then illustrate for them how little term life insurance can cost in comparison. They may find a small premium […]