In other posts, we’ve talked about strategies for financial advisors to transition from an investment portfolio discussion into a life insurance discussion. This post offers a way to discuss life insurance using the vocabulary you already use when managing a customer’s investment portfolio. Life Insurance can provide a competitive rate of return on the premiums paid, can help provide for the completion of your clients overall financial plan, all while the cost of life insurance is comparable to an investment management fee. Let’s take a closer look.
Life Insurance Provides a Competitive Rate of Return on Premiums Paid.
You may believe your clients do not need life insurance because they are in good health and the family could receive more if you invested their money in a portfolio of stock, bonds, or mutual funds. However, have you taken a look at the rate of return life insurance offers? It can be very competitive.READ MORE