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It's All In The Spoken Word

7/27/2018

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It's not always what you say, but how you say it. You know what I am talking about. Let me give you an example. One could tell his wife, "You have a face that makes time stand still." She will love it. Or, you can say, "You have a face that could stop a clock.” That's not going to get you any awards. You might mean the same in both statements, but the results will be very different.

Here is my point... Are you losing sales due to sub-par communication, presentation, and comprehension skills? Well, fixed index annuity sales are rocketing through the stratosphere. Are you experiencing that same level of success? Or are you wondering when, and if, you will make your next sale. Let me give you a tip from a pretty good salesperson with lots of experience (that would be me).

Stories make sales. It allows that prospect to visualize what you are presenting. We sometimes spend time talking about volatility controls, spreads, fees etc. There is so much in the presentation. However, the client might be more interested in a reasonable rate of return, protection from a market collapse, an income that cannot be outlived, and maybe a little extra payout in the event of a chronic illness. Maybe they would like to speak with you about at least covering their essential expenses with an annuity.

We are so lucky today. We have a product that the world embraces if presented correctly. And if you're not a good storyteller? That's okay because it is a learned skill. We can put you in the "story business” by giving you a storybook to read. We have presentations on Personal Pension Plan and Worry Buckets to name a few.

Give one of the guys in the office a call at 1-877-844-0900 and let us show you some stories. It's not a fairytale; It's non-fiction. Don't delay and call today!

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Until next time… good selling!
​
Raymond J. Ohlson
Founder & Retired CEO
Ohlson Group
​1-877-844-0900
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A Coffee And Obituaries

7/23/2018

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Oh my, how things change. I still read a regular paper and I hit the front page, local news, sports and then... the obituaries. I am glad that I do, though. I see friends, clients, and people that I know listed there. I catch myself saying, “Wow... they were so young," and most are, but some are in their 70's and 80's. I don't know about you, but the 70's don't seem to be that old.

I guess many of us have a rough time admitting that we are no longer 40 years old and we are in the 4th quarter of the game. It is so easy to ignore and not to discuss with a spouse or share financial info and final plans with a spouse too. And that is a big problem! The surviving spouse just might end up with nothing after the funeral is over.

 
It is our responsibility and opportunity to get people to take ownership of their financial situation. It is our responsibility and opportunity to review our clients retirement plan. It is also our responsibility and opportunity to discuss long term care needs, chronic illness potential problems, wealth transfer and... final expense policies.

Final expense premium is up on a rise. And surveys say while clients might research online, they want to buy from an agent. Yes, your annuity clients want to buy: simplified issue, no exam, and no fluid draw policies. After, they would like about $25,000 each. They have money in their annuities and can take out 5 - 10% each year to pay for the product. Or just do a small single premium policy.

 
In closing, it might be wise to bring the newspaper with you on your review appointment. Pull out the obituaries and ask your clients and prospects if they know anyone in today's paper. They probably do. Why not take the financial stress off of their heirs backs and provide instant tax-free cash to tie up loose ends, pay for the funeral, and provide a nice luncheon. The cash comes in handy while waiting for the liquidation or payout of the estate.
More Sales Tips

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Until next time… good selling!
​
Raymond J. Ohlson
Founder & Retired CEO
Ohlson Group
​1-877-844-0900
Comments

A Simplified SPL Example

7/16/2018

Comments

 
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People don't buy life insurance because they are going to die, but because someone they love will continue to live. It's about providing peace of mind and financial security for their family in the face of uncertainty. Life insurance ensures that their loved ones can maintain their standard of living, cover expenses, and achieve future goals even after they're gone. It’s a selfless act of love and foresight, safeguarding the well-being of those who matter most.

But now, there are additional reasons people are buying life insurance. It can also be because they might get sick or because they might have a chronic illness. Or maybe they know they'll soon have the inability to perform 2 of the 6 activities of daily living. But why would they buy life insurance for these? People are buying life insurance because the death benefit can be accelerated. In other words, you don't have to die to collect the payouts.

Here’s a basic, simplified example: A 62 year old female who places $100K in a Single Premium Life policy would have a death benefit of around $200k. Because she loves her heirs, she doesn't want to be a burden in the event of a chronic illness. For her, this is such a great product! Plus, some have return of premium. And if the insured doesn’t get sick, beneficiaries could get $200 tax-free instead of $100k that could be subject to taxation. And finally, another plus, there are continuous pay products for those that don’t want to do a single premium.
Watch Our SPL Sales Tip Video For Additional Information:
Watch Video

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Until next time… good selling!
​
Raymond J. Ohlson
Founder & Retired CEO
Ohlson Group
​1-877-844-0900
Comments

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