I am an insurance salesman, and I am proud of it!
When I meet with people who ask what I do for a living, I tell them that I give people peace of mind and help them sleep at night.
As they look at me puzzled, I sit back and wait for them to tell me what they think I do. Usually, they say are you a therapist, doctor, mattress salesman, etc.? After I answer no to all their responses, I tell them that I show people how to win the financial tug of war by showing people how they can get potential growth on their hard-earned money without the risk generally associated with investments.
The next question they ask is how can that be done? How can money only increase and never be exposed to loss?
Here is an actual case with a client of mine. Mr. and Mrs. Thomas Jones.
I talked about a fixed index annuity (FIA) at our first meeting. I explained how an FIA works and how it can protect their hard-earned money from risk exposure. They were impressed. Some of you reading this blog know that an FIA can provide potential growth without risk to the principal, but is that all FIA can do? What other benefits can you enjoy?
While visiting with Mr. Jones, he shared with me that Mrs. Jones had been diagnosed with cancer twice and how that impacted their finances. She was in remission and doing well, but they were concerned because she was no longer insurable and could no longer qualify for long-term care insurance. Mr. and Mrs. Jones agreed to meet again to see how a fixed indexed annuity can provide them with a solution based on their needs.
At our second meeting, I began to explain the benefits that come with a fixed-indexed annuity. This fixed-indexed annuity will give you potential growth, guarantee your principle, and provide income that both of you cannot outlive. The FIA also contains an Income Tripler. Let me explain what the Income Tripler could mean to Mr. and Mrs. Jones.
For example, let’s assume the Jones’s activate their lifetime income benefits of $1000 a month. If either one of them loses two or more ADLs (Activities of Daily Living) and is confined to a nursing home or hospital, the company will triple their monthly income to $3000. There is a waiting period before you can use this benefit, but it will solve a spouse’s long-term care problem, and there is no medical underwriting period.
If you could have been in that room when Mr. and Mrs. Jones realized how they benefited from an FIA, you would have probably cried, as they did. An FIA solves money problems and provides solutions that affect lives in positive ways.
How can an FIA impact your life? Income, safety, and security are an unbeatable Triple Play.
Many people are interested in looking at life insurance options with a Doing It Yourself. If you would like to explore that approach.
Here is the link: Life Insurance – Ethos (ethoslife.com)