@@TheDIGAgency hey I've got a question. is it reasonable to sell or buy life insurance in a country with 40% of inflation????? the promised money 20 or 30 years from now would be nothing. so what should we do in such a situation? customers see no value here with 40% of inflation and most of them with low income!!!!
Finding a good mentor is probably the toughest thing to do, almost everyone is in it for the money, very few really care about you as a person they only see you as a number. That's why videos like this one are worth millions
I'm 18 taking a life insurance course right now. I'm in college too. This video will help me a lot when I'm building a brand and becoming successful this summer, thank you for everything. Amazing
Sup bro im 18 as well and started last week man its not what I thought it would be people really are assholes jaja but hey its selling so your gonna get more no's then yes but keep learning keep at it like this guy said find a system its a skill to build up don't focus on the now but the future its so worth it at the end hope you hang in there and make that 6 figure income buddy
@@mrbryanrocks159 younguns got to understand pov of the geezers . I want to buy LI and had no clue, now I have seen training I understand. This product should sell itself. Most people want to leave an estate to at least take care of end of life, there are others more blessed who need more protection/coverage. Seems to me you will sell if you cn just present the products? They are going to spend it somewhere, might as well be w/ me!
My girlfriends sister keeps saying I should work for her, she has a very good sized business with all state, and as I look more and more into specializing in life insurance, I’m amazed that you could make good money, as well as helping people. I have been looking at certain videos on RUclips to learn more about this before I decide if I should go into this or not, and I appreciate this video. Great information!
This is very well done sir. A mentor is a most valuable asset, I didn't get one either, been in the business 4 years treading water, been told I am doing great but without training. I elect you as my new mentor.
Very nice! I'm new to the Insurance industry and sometimes I'm still thinking if this kind of job is really for me or not. This video really gives me more motivation to keep going and to do better. Thank you so much sir! 🙂👍
Great, perfect timing indeed! Pru is great. I had an agent move from final expense to Pru and is doing very well. He's been there 3 or 4 years now out of Nashville.
Sorry got mixed up there..I mean taking time to study further my products but your recommendation to master at least 1 or 2 products is excellent. I'll work on that for sure. I am from the Philippines where the market for life insurance is so high!
Hi David, I wish I had a mentor when I was younger. I could not find one. I am focusing on FE right now. While I still don't have a mentor, I do listen to Brian Tracy and other trainers.
Hi I just started selling insurance in Marin County, California. What are top people that I can imitate in my area? I have my P&C and Life Insurance License. I am super fresh in the field and need help. You mention leads and I tried googling up websites I can use for lead but I rather get a direct recommendation from you. Please reply !!! :D
Great advice tips for Fex Success! New video topic suggestion based on Tip #4 Think Long Term To Your Build Book of Business. What's your Client or Customer retention Strategy and how would you fit those methods into your daily schedule and then maybe cross sell to them?
Retention strategy in final expense starts with client acquisition - see more here - ruclips.net/video/tLUf7Esj8d0/видео.html Annual reviews are a good start to naturally get more business (add-ons and cross-sales) to your book of business. Watch this video here - ruclips.net/video/os0eYJ8JYcI/видео.html
Hello everyone, Once a an application for a policy goes into underwritting then on average what is the aprroval rating? What percentage is accepted when it comes to regular whole life and what percentage is accepted with whole life final expense insurance? I understand it probably varies per company, but just on average. Thank you!
Wiktor, depends highly on the product. Some are immediate approval, others take months. Also approval rating varies, too. I don't really have an average I could share - it's going to vary wildly.
hey I've got a question. is it reasonable to sell or buy life insurance in a country with 40% of inflation????? the promised money 20 or 30 years from now would be nothing. so what should we do in such a situation? customers see no value here with 40 5 of inflation and most of them with low income
That's crazy! Where do you live? I would ask the insurance companies in your company what product lines are most popular to sell and base your business around what's already proven to have people buying.
@@TheDIGAgency I live in Iran. with 40 % of inflation. so you say that life insurance won't work for people yeah? although we sell life insurance a lot, but I think it is nor reasonable to buy during 40% inflation times.
It all depends. Inflation or not, there are financial problems only life insurance will solve. Are their carriers that have inflation riders available to help offset future inflation concerns?
@@TheDIGAgency: well, companies offer 5 to 25 percent of premiums. But this is good for a normal country like USA or Europe. Here we've got 40% inflation rate. Customers say it isn't worth it
lol, I don't know to be honest =) - but... if you go here to check out my agency program, you will be put automatically on the email list and receive everything including my weekly newsletters: buylifeinsuranceforburial.lpages.co/david-duford-recruiting/
I was just offered a job as a GA for senior Life agency, its only a 75% commission. Im worried the MGA is collecting a large percentage off of me. Is that a fair percentage or should I be looking for a better deal
A second opinion is definitely in order. Regardless, it is always smart to compare options to get a fuller understanding so as to determine what's best for *your* insurance business.
90% commision is industry standard if you are working directly as a broker for a company. However, if you work for an organization or over-arching company that provides leads, job structure, or mentoring, you can expect to only get paid around 75% commission.
I passed my exam on the first try, I also just got my license, yet I have no idea how to get costumers. I know how to sell, it is finding ways to get costumers the hardest part for me.
ola amigo gostaria de saber se as opçoes de chumbo realmente se vale a pena ou se corremos risco de perder tudo pois quem esta aqui no brasil geralmente estes satys viram escan.
Hi Fernando. Thousands of us final expense agents run pretty much the same lead nationally, and while not all agents make it, many who are successful use the same old leads everyone else uses. As always, it ultimately comes down to your ability to work hard and see the people.
Howdy Reginald! Let's talk for sure =) - reach out to me at davidduford.com/contact/ and I'll send you some more information to review on how my sales and marketing program works.
That's the line of thinking I'd ultimately go. However, I am more interested initially in figuring out why she is interested in life insurance... what she wants to accomplish with a life insurance plan... what her experience has been with cremation and burial... Once I know this, then I will begin to frame my offer in context of what she shared with me for a more powerful result.
if someone buy a life insurance, Do they still need to buy Burial Insurance? because the the money from life insurance will be enough to pay for the funeral and final expense , right?
Don't agree, completely, w/ cardio MD analogy. cardio specialist pays 10x the premium for his liability coverage, and is why he demand higher fees to cover these cost!
Cardiovascular median income 2018 = approximately $750,000. Liability coverage tops out at $150,000. Net income after insurance (assuming it isn't already factored in) = $600,000. General physician income = $219,000. Maximum liability premium = $50,000. Net income after insurance = $169,000. Who makes more? Even though this is besides the point, the real point is that specialists typically make more money because their skill set being so rare allows one to command higher prices for service.
Great video! I am 19 currently studying health insurance, taking the exam in like a week wish me luck! 🙏🏽
Awesome, good luck!
You got this!... Just remember: Don't overthink it😉
Congratulations.
I Pray That you Have A Compassionate Business.
@@TheDIGAgency hey I've got a question. is it reasonable to sell or buy life insurance in a country with 40% of inflation????? the promised money 20 or 30 years from now would be nothing. so what should we do in such a situation? customers see no value here with 40% of inflation and most of them with low income!!!!
Finding a good mentor is probably the toughest thing to do, almost everyone is in it for the money, very few really care about you as a person they only see you as a number. That's why videos like this one are worth millions
Thanks!
@@TheDIGAgency no, thank you for providing so much knowledge, I guess you have become my mentor
This video was well done! Any new agent or struggling agents need to listen to this multiple times and get these steps in!
Thanks a lot, Joseph!
@@TheDIGAgency I lip
I'm 18 taking a life insurance course right now. I'm in college too. This video will help me a lot when I'm building a brand and becoming successful this summer, thank you for everything. Amazing
Sup bro im 18 as well and started last week man its not what I thought it would be people really are assholes jaja but hey its selling so your gonna get more no's then yes but keep learning keep at it like this guy said find a system its a skill to build up don't focus on the now but the future its so worth it at the end hope you hang in there and make that 6 figure income buddy
@@mrbryanrocks159 younguns got to understand pov of the geezers . I want to buy LI and had no clue, now I have seen training I understand. This product should sell itself. Most people want to leave an estate to at least take care of end of life, there are others more blessed who need more protection/coverage. Seems to me you will sell if you cn just present the products? They are going to spend it somewhere, might as well be w/ me!
Have you made any sales?
This is so helpful! I just passed recently the Life Insurance licensure exam and I'm not taking time to study further our products .
I appreciate you watching =)
My girlfriends sister keeps saying I should work for her, she has a very good sized business with all state, and as I look more and more into specializing in life insurance, I’m amazed that you could make good money, as well as helping people. I have been looking at certain videos on RUclips to learn more about this before I decide if I should go into this or not, and I appreciate this video. Great information!
You're welcome, Bruce! Drop a line anytime at davidduford.com/contact/ if I can help with anything.
This is very well done sir. A mentor is a most valuable asset, I didn't get one either, been in the business 4 years treading water, been told I am doing great but without training. I elect you as my new mentor.
Welcome aboard - davidduford.com/faq/
Just got into the business and I'm definitely looking forward to help people and get paid for it
Yes! It's a wonderful business that definitely affords both helping people and getting paid well for it.
Are you still doing it? How’s it going?
Very nice! I'm new to the Insurance industry and sometimes I'm still thinking if this kind of job is really for me or not. This video really gives me more motivation to keep going and to do better. Thank you so much sir! 🙂👍
Glad to help =)
Great tips, just at the right time when I am setting my goals for my insurance business as a Man from the Pru.
Great, perfect timing indeed! Pru is great. I had an agent move from final expense to Pru and is doing very well. He's been there 3 or 4 years now out of Nashville.
I Enjoyed watching this I am taking my life exam for Texas on Thursday. It was nice to know kinda what track to be on when I start.
You're welcome!
I like your tip. Become an expert on just one product.
Thanks! Think general physician versus brain surgeon. Who makes more?
Sorry got mixed up there..I mean taking time to study further my products but your recommendation to master at least 1 or 2 products is excellent. I'll work on that for sure. I am from the Philippines where the market for life insurance is so high!
Great! Thanks for watching!
good tip: long term, mentorship, helping people
Bingo!
Sounds simple, but true key points. Thank you for confirmation .
Welcome =)
Thanks for sharing this valuable content
My pleasure!
Hi David, I wish I had a mentor when I was younger. I could not find one. I am focusing on FE right now. While I still don't have a mentor, I do listen to Brian Tracy and other trainers.
You're never too old to benefit from personal coaching =)
What do you know about using PUAs to increase cash value so that you can have your own bank?
Not much. But check out this video where we talk about the Bank on Yourself concept - ruclips.net/video/lONLWC41llI/видео.html
I am from Indonesia, the market target for Life insurace really high sir 🙏 I want to be your downline in Indonesia ! I really like your explanation !
Nice to meet you, Amos. Wish I could recruit nationally! I am restricted to the US only.
Hi I just started selling insurance in Marin County, California. What are top people that I can imitate in my area? I have my P&C and Life Insurance License. I am super fresh in the field and need help. You mention leads and I tried googling up websites I can use for lead but I rather get a direct recommendation from you. Please reply !!! :D
Check out davidduford.com/insurance-leads/ for some ideas.
Great video! How do I find the "top producers" in my area to imitate?
Where do you live?
If you live in Ga I can help you.
Adam Centeno hi! I am in Atlanta and would love your help
THANK'S DAVID GREAT TRAINING
Welcome!
Nice tips!!
Thanks!
@@TheDIGAgency You're welcome Sir!!!
Great advice tips for Fex Success! New video topic suggestion based on Tip #4 Think Long Term To Your Build Book of Business. What's your Client or Customer retention Strategy and how would you fit those methods into your daily schedule and then maybe cross sell to them?
Retention strategy in final expense starts with client acquisition - see more here - ruclips.net/video/tLUf7Esj8d0/видео.html
Annual reviews are a good start to naturally get more business (add-ons and cross-sales) to your book of business. Watch this video here - ruclips.net/video/os0eYJ8JYcI/видео.html
Hello everyone,
Once a an application for a policy goes into underwritting then on average what is the aprroval rating? What percentage is accepted when it comes to regular whole life and what percentage is accepted with whole life final expense insurance? I understand it probably varies per company, but just on average.
Thank you!
Wiktor, depends highly on the product. Some are immediate approval, others take months. Also approval rating varies, too. I don't really have an average I could share - it's going to vary wildly.
I just got accepted in Insurance company here at Dubai, thanks for your informative video
Awesome! Thanks so much for watching! And good luck in your new career!
Wisdom bombs!
Thanks!
Great job Dave!
Thanks!
I’m just starting out and I’ve never worked for commissions before and I am scared. I have know idea where to start.
Check out my channel to help you with how the life insurance business works. Lots of good detail on the sales and business strategy.
Thanks.
hey I've got a question. is it reasonable to sell or buy life insurance in a country with 40% of inflation????? the promised money 20 or 30 years from now would be nothing. so what should we do in such a situation? customers see no value here with 40 5 of inflation and most of them with low income
That's crazy! Where do you live? I would ask the insurance companies in your company what product lines are most popular to sell and base your business around what's already proven to have people buying.
@@TheDIGAgency I live in Iran. with 40 % of inflation. so you say that life insurance won't work for people yeah? although we sell life insurance a lot, but I think it is nor reasonable to buy during 40% inflation times.
It all depends. Inflation or not, there are financial problems only life insurance will solve. Are their carriers that have inflation riders available to help offset future inflation concerns?
@@TheDIGAgency: well, companies offer 5 to 25 percent of premiums. But this is good for a normal country like USA or Europe. Here we've got 40% inflation rate. Customers say it isn't worth it
Where do we sign up for your newsletter?
lol, I don't know to be honest =) - but... if you go here to check out my agency program, you will be put automatically on the email list and receive everything including my weekly newsletters: buylifeinsuranceforburial.lpages.co/david-duford-recruiting/
I need to make this work
I promise... it's worth it!
How did it end up?
Music Man same
Any updates?
Just passed my exam. And time to try out your tips! 😁
Glad to help!
Thanks Helped me very much !
Great - you're welcome!
Thank you so much.
You're welcome!
I was just offered a job as a GA for senior Life agency, its only a 75% commission. Im worried the MGA is collecting a large percentage off of me. Is that a fair percentage or should I be looking for a better deal
A second opinion is definitely in order. Regardless, it is always smart to compare options to get a fuller understanding so as to determine what's best for *your* insurance business.
90% commision is industry standard if you are working directly as a broker for a company. However, if you work for an organization or over-arching company that provides leads, job structure, or mentoring, you can expect to only get paid around 75% commission.
Thank you for the tips man
You're welcome!
I passed my exam on the first try, I also just got my license, yet I have no idea how to get costumers. I know how to sell, it is finding ways to get costumers the hardest part for me.
Check out more of my videos on prospecting systems and different products you can sell. My material can help a lot!
@@TheDIGAgency Thank you man. I'll start following you now. I'm thinking of getting your book on Amazon as well.
Great! Thanks a lot. Both books are good.
Increase The Production
The riches r in the niches.
Yes, they are!
Great sir
Thanks!
A Good Living
What about having a story, is that an important part to follow?
Not sure how you mean. Please respond so I can help!
ola amigo gostaria de saber se as opçoes de chumbo realmente se vale a pena ou se corremos risco de perder tudo pois quem esta aqui no brasil geralmente estes satys viram escan.
Hi Fernando. Thousands of us final expense agents run pretty much the same lead nationally, and while not all agents make it, many who are successful use the same old leads everyone else uses.
As always, it ultimately comes down to your ability to work hard and see the people.
Hey hey, David. Reginald here. I’d like for you to be my Final Expense mentor.... how can we make that happen?
Howdy Reginald! Let's talk for sure =) - reach out to me at davidduford.com/contact/ and I'll send you some more information to review on how my sales and marketing program works.
hey dave! hope all is well good sir
You too!
good
Great!
What would I have to do to get one a 20 min phone call with you
Hi Austin - drop me a line at feagentmentor.com/contact/
Dave Duford I just did! Hoping to get a call!
Great! We'll reply soon.
Great, Tuesday I am meeting with someone who wants to be creamated. I thought I would show up 5K, 3k and 2k. What are your thoughts?
That's the line of thinking I'd ultimately go. However, I am more interested initially in figuring out why she is interested in life insurance... what she wants to accomplish with a life insurance plan... what her experience has been with cremation and burial... Once I know this, then I will begin to frame my offer in context of what she shared with me for a more powerful result.
I'm more into IUL products .
That's fine, it's a good product.
Just out of curiosity, who agency do you work for? Or are currently just a trainer? Great video btw.
I run my own agency and work with agents who want to learn how to sell insurance through my agency.
I need a mentor .
Hello
Like this video
Thanks Paul!
Thank you
Sure thing =)
This Business
I am have a new job I'm working in insurance company .. Thank you
. Can you send me your company profile
Hi Melda - DavidDuford.com.
if someone buy a life insurance, Do they still need to buy Burial Insurance? because the the money from life insurance will be enough to pay for the funeral and final expense , right?
Correct. Unless someone wants a separate policy from the life insurance.
Will you be my mentor?
Sure - go to davidduford.com/faq/ to learn more =)
God I hope I don’t have to be good at math for this job
Nah, just good with people, that's all you need =)
Don't agree, completely, w/ cardio MD analogy. cardio specialist pays 10x the premium for his liability coverage, and is why he demand higher fees to cover these cost!
Cardiovascular median income 2018 = approximately $750,000. Liability coverage tops out at $150,000. Net income after insurance (assuming it isn't already factored in) = $600,000.
General physician income = $219,000. Maximum liability premium = $50,000. Net income after insurance = $169,000.
Who makes more?
Even though this is besides the point, the real point is that specialists typically make more money because their skill set being so rare allows one to command higher prices for service.
100%
Thank you!
tem email?
Sure - go to www.FEAgentMentor.com/contact and send me a message.
David Duford hi David
You looked coked out
"That's a lotta china." Benicio del Toro
Thank you!
You're welcome!