Good Time for Agents to Look Into Long-Term Care Annuities With Equity Performance Potential

Long Term Care Annuity

It’s not news that the Dow Jones Industrial Average (DJIA) and the Standard & Poor’s 500 Index have both plummeted since the beginning of the year. Consumers are understandably worried. Financial advisors and insurance agents are fielding calls from clients concerned about what’s to come. When financial markets decline and uncertainty pervades, it is logical the consumers are wary about big ticket purchases. And, admittedly, long-term care insurance today can be considered one of those big-ticket purchases. LTC is a ‘should have’ rather than a ‘must-have’ purchase. When stock markets…

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New States Add Medicare Supplement Birthday Rules

medicare birthday rules

Insurance agents competing to sell Medicare Supplement insurance in five states can now capitalize on rules benefiting Medicare beneficiaries.  According to the American Association for Medicare Supplement Insurance (AAMSI), the five states include California, Illinois, Oregon, Nevada and Idaho. “Medicare insurance agents now face a daunting task of competing with the millions of dollars being spent on television ads featuring celebrity spokespeople,” explains Jesse Slome, director of the American Association for Medicare Supplement Insurance.  “Survival of the independent Medicare insurance agent will depend on the ability to take advantage of…

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GEICO sweetens its insurance jobs with new education benefit

Insurance jobs - Education Benefits

The new benefit is being offered across the company, eliminating all upfront costs of education. GEICO has announced that it is adding a new education and growth benefit across the company to make insurance jobs even more appealing to the 40,000 existing associates and those considering a position with the company. The education benefit through GEICO Strive is available to current and new associates in the company. Through GEICO Strive, those with insurance jobs with the company will have access to over 220 schools and education providers and will enjoy…

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Live Insurance News Invites Industry Experts to The Prosperity Algorithm

live webinar the prosperity algorithm

This live webinar with Jason Fladlien provides a meaningful strategy foundation. Insurance agents – and business people in a spectrum of other industries – are registering for the free webinar called The Prosperity Algorithm with Jason Fladlien in their pursuit of business success that steps beyond just money and wealth. This webinar looks to money and wealth as components of the much broader achievement of prosperity. Though The Prosperity Algorithm is geared toward any type of industry, insurance agents and brokers have found it particularly appealing. The webinar, which takes…

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Why You Should Consider Video Marketing

video marketing how to

Video marketing was once considered a high-cost production marketing asset with a low ROI value. Essentially there was no real way to measure attribution, the audience and marketing channels were limited. Small business owners such as insurance agents would rather allocate their marketing budget to other more traditional methods such as direct mail, radio spots, or updated digital ads. However, this often felt impersonal, cookie-cutter, and did not provide any real useful information. In highly competitive space, such as insurance agencies, building a relationship with prospective and existing clients is…

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Insurance agent value not always recognized by consumers, says Nationwide study

Insurance agent value - Man observing charts on iPad

The insurer’s research shows that customers’ and agents’ perspectives don’t always align. A new Nationwide Insurance report has indicated that when it comes to the insurance agent value provided, these pros don’t necessarily see things the same way as their customers. The research points to a number of critical gaps between the thoughts of the two sides. The insurance agent value has always been built on a foundation of providing customers with everything they want; from the information and resources they need to the support and assistance they require. However,…

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6 Ways to Transform Your Insurance Office

insurance office agent

Insurance agents have been in demand in recent years and from a recent survey, employment in this industry is expected to grow 10 percent from 2018 to 2028, which is faster than the average for all occupations. This is due to the increasing number of people investing and the profits of this industry depend on a steady stream of new customers. People tend to purchase more products now than ever before, which means there would constantly be an increased demand for insurance. However, like every other sector, a successful insurance…

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