The annual Insurance Barometer Study tracks the perceptions, attitudes, and behaviors of adult consumers related to financial behaviors, with a focus on life insurance. This year, just 52 percent of Americans report having life insurance coverage, which means the opportunity for YOU is growing. Take a look at the rest of the results and arm yourself with the facts as we head into September’s Life Insurance Awareness Month – the perfect time to talk with your clients about their life insurance needs!
Situation: A financial professional contacted DBS’s in-house advanced case design resource to brainstorm when to approach business prospects that had expressed an interest in discussing supplemental executive benefit arrangements for key employees. Prior to COVID-19, the financial professional ran a successful telemarketing campaign focusing on mid-sized corporations. The campaign specifically promoted executive benefit arrangements that […]
Nearly all buy-sell agreements that use life insurance have one thing in common: The business owners do not own the life insurance policies that insure their own lives. In an entity purchase arrangement, the business owns the policy. In a cross-purchase arrangement, the other owners or another entity own the policies. Common Concerns Expressed by […]
There are six key ways in which life insurance may benefit your business Business Transfer: Businesses or business owners can execute a buy-sell agreement and fund it with life insurance. A buy-sell agreement is an arrangement for a business to continue in the event of the owner’s death, disability, retirement or early withdrawal from the […]