Category: Sales Concepts

Are You Selling Indexed Universal Life Insurance?

According to LIMRA’s 2017 Year-End Sales Survey, nearly a quarter of all life policies sold during the fourth quarter of 2017 were IUL. Consumers are increasingly drawn to IUL because they are concerned about outliving their retirement savings, and IUL has more potential to build cash value than many other fixed UL products. Below are resources you can share with your customers to help them begin thinking about the ways IUL may help protect their loved ones from loss and supplement their other financial plans. Contact The ASA Group Sales Team for support on a current case today! AIG, GUL/IUL Combo Sale AIG, IUL vs GUL Sales Idea AIG, How About More for Less? AIG, Income for Life Sales Idea AIG, Tax Diversification Sales Idea + Tax Diversification Video Lincoln, Exec Bonus Plan Case Study Lincoln, Strengthen Your Retirement Plan Protective IUL 101  + IUL 101 video Protective, Cash Value Life Insurance Video Mutual of Omaha, Minimizing Retirement Risks with IUL Email: sales@theasagroup.com Phone: (501)...

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The Power of 10 10 10

The Power of 10 10 10 Making the living benefits sale easy One policy can help with life insurance,  chronic illness coverage and retirement income! Permanent life insurance, guaranteed to age 100, with a chronic illness benefit where you can: Pay premium for 10 years; Wait for 10 years; and Get your money back over 10 years as a supplemental retirement benefit. View the Brainshark Additional Materials The 10-10-10 Plan! Accelerated Access Solution Lifestyle Income Solution Secure Lifetime GUL...

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Life Settlements

  Additional Content Coming Soon! Life Settlement Pre-Qualification Form Life Insurance Settlement Association About Life Settlements Life Settlement Checklist Why It Takes a Good Broker to Get a Great Deal When a Client Sells a Life Insurance Policy 2016 Life Settlement Case Example Laws Pertaining to Life Settlements 7 Common Situations That Could Result in a Life Settlement...

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Executive Bonus Plan

An Executive Bonus Plan (Section 162 Plan), is an arrangement in which an employer pays premiums for a life insurance policy owned by key employees. It is a simple, selective employee benefit plan that can provide valuable life insurance protection and supplemental retirement income to business owners and key employees. An Executive Bonus Plan enables business owners to provide benefits in addition to qualified plan to attract and retain employees while enabling the business to recoup plan costs when benefits are paid. And since plans are selective and non-qualified, business owners can select which employees participate. With a “restricted” bonus plan, the employee’s access to policy cash values can be subject to a vesting schedule, making it an effective way to retain key employees. Policy premiums are income tax-deductible by the employer and taxable income to the employee This income tax can be paid by: The employee from personal funds The employer through a “double bonus” arrangement Withdrawals or loans from the policy cash values Target Market This planning concept is ideal for: Business owners looking to reward and encourage loyalty with their top employees, so they don’t leave and go to a competitor Business owners looking to reduce current taxable income and save more money for retirement   See also: Funding an Executive Bonus Plan with Life Insurance Additional Links PDF: Executive Bonus Plan Guide PDF: Executive Bonus Advisor...

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