Studies
tell us that the average life insurance salesperson is 56 years old. Imagine that!
In a few years we will be extinct.
That doesn’t mean that no life insurance being sold – it is. It is being sold by banks, multi-line
companies, financial advisors and what is left of the once pulsating field
force of life insurance salesmen.
This
phenomenon is occurring primarily because several years ago the life companies
decided that it was just too expensive to grow agents anymore. The companies found that they could no longer
afford the investment required to hire someone off the street and turn them
into life insurance salesmen. As
companies gradually withdrew from the agent growing business, the brokerage market
took hold and the life brokers basically started the practice of trading
agents. Today, there are not enough
agents to make that feasible any longer.
Coming
back to today, we find that the health insurance agents are finding the
ObamaCare noose tightening around their neck and robbing them of their
marketplace.
Now
let’s consider the situation as a whole; Health insurance agents are losing
their marketplace. Life insurance companies
are in serious need of agents who can sell life insurance. On the surface, there seems to be a perfect
fit!
If
you are a health producer who is concerned about the future market, give us a
call! We have a full range companies
that offer competitive products designed especially for your marketplace!
Don
Boozer
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