Recent insights from nonprofits show people vastly overestimate life insurance costs. When it comes to selling life insurance and other ancillary benefits, insurance brokers face a vast, untapped market: younger working Americans. What’s the best way to reach this market, especially when Gen Z tends to trust TikTok and other social media for financial advice?
Here’s how insurance brokers can help employees and employers save money with Group Life vs. Individual Life Insurance It may not surprise those of us in the insurance industry who are constantly attuned to employees’ benefits needs, but a new study from Talker Research revealed that 59% of Americans would rather spend $15 a month
The DBL Center is your trusted resource for statutory disability benefits, like TDB in New Jersey and DBL in New York, that your clients need. But insurance brokers should also consider sharing the advantages of other types of coverage. Key person insurance and business life insurance are critical products that many business owners overlook. Likewise,
The holiday season used to begin when Santa Claus rode down 34th Street, waving in front of Macy’s during the Thanksgiving Day parade. But now anyone who celebrates Christmas, Hannukah, Kwanzaa or even New Year’s Eve knows the “holiday” season starts with pumpkin spice and apple pie, not sleigh bells. Things get busy – and
As insurance brokers, it’s your job to deliver the benefits your customers and their employees need, including packages that will help employers recruit and retain top workers. With remote work on the rise, employers have an endless talent pool to draw from as geographic location now matters less than it used to. And employee benefits
New York business owners need more than just DBL insurance coverage The DBL insurance industry recently experienced a shake-up when New York State passed a law requiring mandatory Paid Family Leave coverage, to be written as a rider to NYS DBL policies. Several carriers exited the DBL insurance market because they didn’t want to write
Even with Trump’s proposed tax code changes, term life and Group Life / AD&D still a safe bet. Are you a property & casualty, disability, or health insurance broker looking for new revenue streams? Life insurance might just represent another avenue to increase your book of business. According to the Insurance Barometer Study, conducted jointly
Bundle insurance benefits packages to save your customers money and earning more commission with bigger sales. If you’re a health insurance, disability insurance, or P&C broker you understand the pain of dwindling profit margins, increased premiums, and reduced choices for your customers. Good brokers look for ways to save their loyal customers money and deliver
Most people need life insurance. But the reasons may not be what you’d expect. The sales tactics for life insurance are familiar, and designed to tug at the prospective client’s heartstrings: What would happen to your family if you were to pass on suddenly? Would they lose their home? Would your children be able to