When talking to their clients who are already in retirement, many financial professionals fail to consider and explain the benefits of single premium life (SPL). 

Some agents are somewhat stymied by the fact that SPLs are modified endowment contracts (MECs). Which means SPLs are taxed in a similar fashion to annuities. So annuity agents out there today should not find this subject very scary.

Prospects who have money that they've placed on the sidelines just to pass down to their heirs, save for emergencies, or use for opportunities, should consider a single premium life policy. 

In many cases, clients who purchase life insurance, fund their policies with money they don't intend to use for income planning vehicles. So what they basically do, is overfund a life insurance policy with one payment. In this type of contract, they are guaranteed a minimum level of growth throughout the product's life that can also eliminate much of the downside risk often associated with an equity investment. At this stage and many retirees lives, the risk tolerance level has really reduced. 

Not unlike annuities, SPLs have great liquidity where they can take annual withdrawals penalty free. And with many, they also have a money back return of premium guarantee at any time.

Many of these SPLs look, talk, and walk like a hybrid contract.

In other words, if your client had had the inability to do two of the activities of daily living was in a nursing home or required home health care, the entire death benefit, the entire amount goes tax free to your client to pay for those benefits while they are living and when they need the money.

For many clients who don't have traditional long term care plans, they can single premium life to help fund their post retirement medical expenses. These contracts also have a first year bonus that is as good as or better than the annuities out there today.

So isn't it time that you took a look at the benefits of single premium life for your clients? 

If you'd like to know more about SPLs, and if you'd like us to show you how we have agents who are making well into the six figures selling this product, in addition to their annuity and life insurance business, then give us a call at 1-877-844-0900.

You see single premium life wealth transfer is not something new for The Ohlson Group. We cut our teeth on this product and continue to be leaders with the main players in the marketplace. Another good reason to find out why agents from coast to coast refer to The Ohlson Group as a different experience.

That's right.  If all you are doing in the digital marketing world is having a website, then nothing good will come from that activity.  It is like placing a billboard in the middle of nowhere expecting people to call you.  The website is but one piece of the marketing package. 

Now, let me back up a minute…  if you don't have a website, and people decide to check you out prior to an appointment, you are probably toast.  You must have people going to your website, and then there must be something of value for your prospects and clients when they get there. So, how can you do this? Simple... read on.
 
Bottom line, we need all of your prospects, centers of influence and clients getting something of value from you each and every month.  Can that be done? Of course it can - we write the copy, film or record the content, and send to your people under your name.  We build that website that ties in with all of the pieces we send out for you.  We give your people opportunities to learn more about the topics by requesting info from you. Don't worry about the details as we will do it all for you.
 
Guys and girls... wake up and smell the coffee... time to jump in with both feet.  We have learned so much, we are now acquiring consumer leads via digital marketing and now making new discoveries every day.  Big time success in the digital marketing world will not happen overnight.  But, The Ohlson Group has invested tons of time, money and manpower into becoming a leader in this arena.  

Want to have some fun next year?  Want to have your best year ever?  Want to get excited?  Then, call one of the marketing consultants today at 1-877-844-0900,  or send us an email and let's talk.  

​Got to go as I need to get online to buy my shoes, shirts and slacks.  Winter is coming... not kidding… get online, check it out, see what I want and buy. Let's get the public to start doing that with you. 

It's that time of year when we sit down with, or get on a call with our agents and advisors to talk about next year.  Used to be, we would start out by asking, "What do you need?"  You know, what do you need to make next year a good year for you and your business.

But, this year we are changing out tune. We are now asking, "What do you want?"  Time flies by, so what are you waiting for.  It is time to grab "what we want.”  You know, when you were younger in the business people told you that you could do and become anything that you wanted.

So, what has happened?  A few more wrinkles, a little more grey hair (or a little less in my case) and now we just decide to get "what we need.”  Have you lost the dream? Maybe it is time for you to switch teams and have a new coaching staff. 

It is really simple… plan your work and work your plan.  Yes, you have heard that forever. 

First off, I hope that you have begun the planning process for next year.  But, whether you have started or not, why not give us a call at 1-877-844-0900, schedule a time to speak and let's go get... "what you want.” Then you will find out why agents coast to coast continue to refer to The Ohlson Group as... a different experience.