The Life Insurance Loan - A Fast Track to Success

Transcription

1 WELCOME CHANGE THE WAY YOU PROCESS A LIFE INSURANCE POLICY THE NEW LIFE INSURANCE POLICY THAT WILL MAKE EVERYONE HAPPIER

2 THE STORY OF A LIFE INSURANCE POLICY A $250,000 Application was written November 17 th. A Required Medical Exam was done November 24 th. APS Ordered by Life Insurance Company December 16 th. Agent had to contact Client January 6 th to follow up with Dr. s Office. Finally, on February 2 nd Policy was approved as applied for. Agent makes appointment to deliver policy on February 18 th. Agent received commissions on March 3 rd.

3 PROBLEM FOR MIDDLE MARKET SALES Carriers Pushing Away small sales of $250,000 or lower. Carriers are making these sales more difficult. Moving to apps using a Drop-ticket Scenario Underwriting has not changed Premiums have not decreased The more you touch the case, the more it costs. The longer it takes to deliver a policy, the lower the placement ratio.

4 A LIFE INSURANCE THE SPEED OF THE INTERNET The Ultimate Life Products for Today s Agent

5 TODAY S CONSUMER HAVE CHANGED Speed and Control Is Highly Desirable OUR WORLD TODAY Digital Age Music Movies News Books/Magazine Shopping Instant Gratification Cellphone Social Media Text Messaging THE INSURANCE INDUSTRY The Application Paper app/e-app minutes Multiple Signatures Schedule Exam The Agent Process, Pending Requests Underwriting MIB, Rx, MVR, APS Underwriter Additional Questions Policy Delivery

6 A LIFE INSURANCE INTERNET SPEED! Dynamic and simplified method for distribution for agents to the middle market, consumers who need Life Insurance but simply, do not want the current hassle in the process. Allows any agent to do it quickly and profitably Allow The Clients to buy direct A Door-Opener Sale Fast, Simple, Easy, Convenient!

7 COMPLETE ONLINE APPLICATION NO Paper Application NO verification for signatures or processing NO Medicals Only a 4 Question application Application available in Spanish (only app of its kind) The Application is Completed in Minutes Fast! Convenient! Private! Affordable!

8 LPI IS PROUD TO INTRODUCE Viva Life 15 or 20Year ONLINE term product with ROP (optional, Not available in Fl.) Life Insurance Coverage if you die Return of Premium if you live.

9 VIVA LIFE Three plans to choose from Plan A - $25,000 Plan B - $50,000 Plan C -$100, year - Issue Ages year - Issue Ages Unisex Rates Non-Smoker/Smoker Rates Simplified Underwriting Only 4 Questions On-Line Application keep it simple Three additional plans $150,000 $200,000 $250, yr - Issue Ages yr - Issue Ages Unisex Rates Non-Smoker/Smoker Rates Simplified Underwriting Only 4 Questions Paper App (Initially)

10 Unisex Rates CUSTOMIZED BRANDED MATERIAL (SAMPLE BRANDED BROCHURES & POSTERS AVAILABLE AT NO COST FOR CONTRACTED LIFE AGENTS)

11 Unisex Rates CUSTOMIZED BRANDED MATERIAL (SAMPLE SPANISH BRANDED BROCHURES & POSTERS AVAILABLE AT NO COST FOR CONTRACTED LIFE AGENTS) LPI Companies Inc NW 53 rd Street Suite #107 Doral, Fl PH Fax

12 SELLING VIVA SERIES Can be sold in four different manners: 1. Agent & client face to face - URL or Paper App. 2. Agent over the phone with prospect URL. 3. Send link to client and client can complete transaction. 4. Consumer Direct Link can be put on website where YOU can drive prospects to your website.

13 MAKING LOW COST TERM PROFITABLE Perfect for the low cost term sale. Puts more money, faster in your pocket. Fast simple and easy application. Simplified UW process. ROP Optional. NO agent delivery requirements. Keeping it simple has never been so profitable Insurance Company mails the policy directly to Insured.

14 INCREASE YOUR MARKET SHARE You Can Now Write: People without Social Security Numbers and only ITIN s

15 THE NEXT 8 SLIDES ARE A DEMO OF THE APPLICATION Experience how easy business can be!

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17 LPI Companies Inc. Where Service Is A Fact! LPI Companies Inc NW 53 rd St., #107 Doral, Fl

18 LPI Companies Inc. Where Service Is A Fact! LPI Companies Inc NW 53 rd St., #107 Doral, Fl

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20 Checking Account Savings Account Recurring Credit Card

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23 LPI Companies, Inc. Where Service Is A Fact! LPI Companies Inc NW 53 rd St., #107 Doral, Fl CONTRACTING AVAILABLE AT LPI CALL

24 AS EASY AS 1, 2, 3! The application has been completed and submitted all with 1 button! The carrier will work on processing the application and underwrite the plan. Can not be easier that that!

25 BUT WAIT THERE'S MORE!!!

26 Do You Own an Insurance Agency? (Established Agencies Only) P & C, Life or Health agencies LOVE this product Great niche product for recruiting new agents Capturing Program Templates Scripts Create residual / retirement income for yourself We will help you through the set up. We will help you train your agents

27 HOW TO GET STARTED? 1. Call LPI or Send us an requesting the online contracting invitation. 2. Advance available to those who qualify (3 or 6 months) 3. Once contracted we will help you set up your own URL. 4. After your 1 st app. we will order your free personalized brochures. 5. $25,000 to $100,000 all applications are submitted online. 6. $150,000 to $250,000 submit on paper application (Once you have submitted 10 applications all applications can be done online) CAN NOT BE EASIER THAN THAT! GIVE IT A TRY! YOU LL LOVE IT! DO YOU HAVE ANY QUESTIONS? SIMPLY CALL LPI

28 QUESTIONS R. Victor Leyva - Ext 113 lpi.victorl@lpicompanies.com CALL LPI THANK YOU