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Life Insurance Sales via the
Internet using ALISS
Sales via the Internet
When going into the Insurance Industry you must have one characteristic that
can’t be lost, Persistence! Once you lose this you may as well hang up your
headset as it will most likely lead to serious debt or even bankruptcy. We deal
with one of the most intangible products in the world, life insurance. So what
you have to do is differentiate yourself from the competition and the list of
other people calling your prospects. Having a good approach and a proper
mindset when calling on your leads is good way to make a living. When you
combine that with one of the hottest contact management systems in the world it
spells out early retirement.
I have been selling life insurance since I got
out of college in 1998 when I went to work at MassMutual. As all of you know
that is a very traditional company and couldn’t be more of an opposite from
what I was about to venture into. In September of 2000 a friend of mine from
the agency called me and said he had an idea that would answer our prayers,
which was an endless amount of leads. The trick to it was all leads were called
and sold on the phone and not in person anymore. “No problem” I told him, I
would love to help!” while closing up the yellow pages searching for my next
prospect.
Six months later after making countless sales
over the phone with him, I finally figured it out. Oh yeah, I forgot to mention
that during those months we experienced more failure than you could ever
imagine while learning this new concept. During that time we slowly figured out
where we lost the applicants. It was not me anymore, it was the way we went
about quoting the prospect to getting the application filled out and scheduling
the medical in a timely fashion. That process alone can kill a lot of time. Not
only are those aspects important but there was also other misc. details that
fell through the cracks. Things like labels for the applications going in the
mail, follow up calls, reminder emails, underwriting updates, and notes from
past conversations with the applicant. All these things combined were enough to
make me jump out the window and take a 9-5 cushy desk job. At this point we had
put way to much time in this industry to just give up, so we improvised.
All those things I mentioned above that ruined
our days we built into a streamlined sales automation system called ALISS. This
stands for Automated Life Insurance Sales System. We figured that the only way
to make money in this business was to do volume, and that is what this system
will allow you to do. Large amounts of volume coupled with a speedy process are
the keys to success when selling life insurance on the phone! Anyone that tells
you otherwise is either crazy or has endless amounts of money to lose. We have
just broken the ice for any type of agent or brokerage in the field who wants
to save a lot of time and money.
This system has more bells and whistles to put
into this article so if you have 10 minutes during the week, give us a call and
we will be more than happy to explain what it could do for your business.
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