Selling annuities is exciting and thrilling while helping clients towards financial and retirement goals. Whether you’re selling annuities online or in person, both you and your client can benefit from this transaction. When your clients purchase an annuity, they can reap the following benefits:
On the other hand, when you sell an annuity successfully to a customer, you get to earn upfront commissions paid by annuity carriers. They pay agents a small portion of the total money put into an annuity account. It’s possible for you to qualify for higher commissions when the deposit to the annuity account is large.
Certain types of annuities pay more than others. Fixed annuities, for instance, have lower commissions compared to indexed or variable annuities.
Annuities are one of the higher ticket "items" of insurance and make a boom of revenue in your bank account. Finding the right Insurance Field Marketing Organization (FMO) will start you on the right path for selling annuities.
Help families secure their future and retirement while solidifying your insurance career by eliminating risk and worry for your clients.Set your bank account on fire with annuity sales. Engage in seamless contracting and commission schedules delivered straight to you.
The system is called Prospects and Professionals On Demand (PPOD). The system was created by Robert Hall, an industry top producer and founder of Affinity Advisory Network. This system is now actively being used by independent agents in 38 states.
No cheap, unqualified internet or tele-marketed annuity leads - Everyone has tried these leads and they don't work for annuities. With the proven PPOD system, you will enjoy leads generated from a sophisticated marketing machine that pre-educates prospects with the benefits of the comprehensive, custom estate protection and financial planning. This system is entirely controlled by you. If you want more leads, you simply turn up the marketing. It is an easy system that performs consistently.
This is a critical difference. A true multidisciplinary network of professionals surrounds and supports you and your client. When you use the PPOD system, you get immediate access to the professionals in this network. This includes, Estate Planning Attorneys, VA Accredited Claims Attorneys, VA Accredited Claims Agents, CPAs, Tax Accountants, Property & Casualty Insurance Agents, Registered Investment Advisors, Financial Advisors, Certified Retirement Financial Advisors, and more.
When you use the PPOD system, you also get huge discounts off newspaper advertising and other advertising media to invite the best prospects to your live seminars. All the guesswork is gone. You'll be running only proven ads with a solid track record of filling seminars.
An exclusive, proprietary seminar is customized to your specific state and provided to you at no cost. It is not a standard industry seminar. The seminar at the heart of the PPOD system focuses on the protection of assets and the financial options to relieve stress in late retirement years. One additional element of the PPOD live seminar is the active participation of a local independent attorney. The attorney presents the legal portion of the seminar and then becomes a long-term resource to provide independent legal assistance to your client in the future.
This is the component that builds trust to the point where nearly 100% of the investable assets can be protected and grown by a customized plan developed out of this multi-week meeting process. The PPOD system trains you step-by-step what to do and say in each client meeting, each week.
The PPOD system provides you a reliable, proven, and customized solution to track the critical aspects of your business. Habitually using this easy, quick system will allow you to make better decisions and grow your practice in a predictable and ultra-efficient manner.
There is an expanded team at the ready to assist you with standard, complicated, or ultra-challenging case design. These designs come back to you with additional advice on how to properly position and sell the solution to the client.
There is an entirely different set of words to say, words to avoid, and strategies to use to close the successful senior sale. The PPOD system will train you in these high-level communication and persuasion methods. Live and virtual trainings are an on-going part of the support you will enjoy when you are actively selling inside the system.
Our partner FMO, Affinity Advisory Network, has perfected every element of their proprietary PPOD system. Using only this system, it is possible to go from selling $0 in Fixed-Index Annuity (FIA) production to selling over $15 Million in new annuity production in a 12-month period. You decide how much you want to sell in a 12 months and we'll build the plan that can make that a reality.
In addition to the PPOD live seminar program, there are other methods to generate prospective clients. Each of these methods still affords you access to all the professionals in the network.
Reach out to us today and we'll make certain you get all the information you need to decide for yourself which of the programs is a good fit for you and your business goals.
Annuities can be an excellent source of endless income throughout retirement, a safe way to build retirement savings, or a way to generate the maximum distribution to loved ones. Because there are so many annuity products on the market, a prospective client may have difficulty identifying the most appropriate company and annuity offering for his or her needs. We help provide you with the answers you need to help your prospective clients achieve their individual goals.
Immediate annuities occur when a client makes a lump-sum deposit to generate an immediate stream of income. The payout phase is very quick and normally right away, so immediate annuities fit a client who is either already retired or approaching retirement.
Fixed annuities are started by either making a lump sum deposit or paying in over a period of time to receive a guaranteed rate of return. Fixed annuities are well-suited to clients who want to save on management fees and contract expenses while earning tax-deferred interest with very little market risk.
The benefits of selecting a fixed annuity are:
Variable annuities require a little bit extra caution and are normally not an appropriate fit for seniors as a result. Payout on variable annuities depends on the type of investment chosen as opposed to the guaranteed payout of a fixed annuity.
The simple answer is Yes. But keeping reading for the long version of why.
Partnering with a seasoned Annuity Insurance Field Marketing Organization positions you to be able to close sales effectively and efficiently. You serve two very important roles for your client. Educating the client on the benefits of annuities in general and guiding them to the RIGHT selection that MEETS their goals.
Annuities are part of a broad retirement or income plan for your clients and they NEED you to guide them along the way. People who are not familiar with annuities may want to work with an insurance agent, preferably one who is receiving support from one of the reputable annuity marketing organizations out there. Agents who get the necessary training and guidance from these organizations are likely to be skilled and knowledgeable in selling annuities.
Setting your client up for success and security will build a strong base of testimonials and referrals.
Pro Tip: If you are currently selling other products, like life insurance, meeting the client's needs requires long-term planning for retirement and income such as annuity products!
Selling fixed annuities, along with other types of annuity products, is not a walk in the park. Insurance agents need compassion, patience, and skills to be successful in their job.
Fortunately, TR King Insurance Marketing is here to help insurance agents sell annuity products successfully and get them to the path of achieving growth. When you come to us for guidance or support, we’ll provide you with the following:
Reliable Customer Service
If you have any questions with selling annuities or need client assistance or mentoring, you can get in touch with us through any of the following customer service channels:
You can rest easy knowing that you will be speaking with a live person when you reach out to us for help. Think of us as your trusted partner (or better yet, your friend) who only wants to see you succeed as an insurance agent.
You get to form contracts directly with insurance carriers. We give you the option to retain your freedom as an independent insurance agent. Plus, the carrier is the one who’ll pay your compensation.
If you’re an independent insurance agent, you get to enjoy exclusive discounts on tools, software, technology, and other resources that will help you achieve success in selling annuities.
Online ContractingCut down the amount of physical paperwork you handle every day with our online insurance contracting solution. When making insurance contracts, you can use SuranceBay software to prepare contracting paperwork efficiently and effectively.
Call to start selling annuity products today. Feel great while watching your bank account climb and securing your client's future.