How to approach someone to sell life insurance?

1. Make it Personal. Using someone's first name is a simple but effective way to make a connection. ...
2. Use Specific Examples. ...
3. Put the Numbers in the Best Light. ...
4. Use Layman's Terms. ...
5. Highlight the Discounts. ...
6. Keep the Clients You Have.

Why is it hard to sell life insurance?

Why Is Life Insurance So Hard To Sell? It's hard to sell because it deals with the topic of death. That's something many people find difficult to consider or discuss. Furthermore, it's hard to keep trying to sell because agents find that they can't make enough money to support themselves.

How to find people that want life insurance?

Utilize social media to reach new clients and engage with them. Create profiles on Facebook, Twitter, and LinkedIn, and share life insurance-related content regularly. Utilize targeted advertising options to reach specific demographics interested in life insurance.

What to say to sell life insurance?

Let them know how a life insurance policy will help them out in specific scenarios. It's okay to ask someone what she would do if her husband died and how she would support her family. Make your prospects really think about how his family would keep up their standard of living if he were to suffer a catastrophic event.

How to motivate someone to buy life insurance?

How do you pitch a life insurance to a customer?

How to successfully sell life insurance?

How much does a life insurance agent make per deal?

The most common way life insurance agents make money is through commissions. Generally, agents receive front-loaded commissions of 40% to up to 115% of the policy's first-year premiums, although the figure for renewals falls steeply to about 1% or 2%.

How do I approach a life insurance prospect?

Is selling life insurance a good hustle?

In our opinion, it doesn't hurt that insurance is a lucrative business. You can gain commissions on the plans that you sell, so it's entirely up to you how much you want to hustle. You can also make more money with consistent renewals, so it pays in the long run to have loyal clients.

How do you introduce yourself when selling insurance?

Quick Introduction with a Value Proposition

Agent: “Hi [Prospect's Name], this is [Agent's Name] from [Insurance Company]. We help people find affordable coverage tailored to their needs. Are you currently reviewing your insurance to ensure you're fully protected?”

What is the best time of day to sell insurance?

According to a study by CallHippo, the best time to cold call is between 4:00-5:00 pm, followed by the second best time to cold call between 11:00 am – 12:00 pm. Wednesday tends to be the best day to cold call your prospects.

How to persuade someone to buy insurance?

Highlight Risks and Consequences

Show them how insurance coverage can act as a safety net, providing financial security and peace of mind in challenging times. By emphasizing the potential consequences of being uninsured, you can create a sense of urgency and demonstrate the value of insurance.

How do I approach strangers to sell insurance?

What is a popular quote about life insurance?

"You don't need miracles in the west. You have insurance." "Fun is like life insurance; the older you get, the more it costs." "You don't need to pray to God any more when there are storms in the sky, but you do have to be insured."

How do you start a conversation to sell insurance?

Strong Opening:

Start with a compelling statement or question that grabs the prospect's attention and encourages them to continue the conversation. “Hello [Prospect's Name], did you know you could be overpaying for insurance coverage without even realizing it?”

How to talk to clients about life insurance?

Understand Every Customer's Motivation

With so many policy types available, it's essential to understand a client's motivation to learn which products and sales approaches are ideal. For example, here are top reasons why policyholders buy life insurance: Replace lost income. Cover interment expenses.

What not to say when applying for life insurance?

Tobacco use: Lying about smoking on a life insurance application likely constitutes a misrepresentation, even if you only smoke occasionally. Drug and alcohol use: Someone who engages in drug or alcohol misuse may omit this information.

How to get people to want life insurance?

How can I attract people to my insurance?

How do I sell my life insurance to someone?

Selling life insurance to your leads is all about the pitch. You need to present yourself well, speak in the language your prospects understand (no slang or jargon), and demonstrate empathy with their situations. When you put yourself in their shoes, you can better explain how your insurance products will benefit them.