Vote for LIFE’s $5,000 Scholarship Winner!
Watch all 3 videos and then vote for the student who you feel is most deserving of LIFE’s Grand Prize Video Scholarship. All 3 students have already been awarded $1,000 scholarships. Your vote helps determine who will win LIFE’s $4,000 bonus scholarship. Encourage others to cast their votes too. Voting will end on August 20, 2009 at 11:59 EDT and the winner will be announced in September.
Wednesday, July 22, 2009
Tuesday, July 21, 2009
Planning Their Financial Future Agrees with Women
July 15th, 2009
by Marvin H. Feldman, CLU, ChFC, RFC, President and CEO of the Life foundation.
The PennMutual Life Insurance Company recently conducted a national survey that shows women who actively plan their financial future, including owning life insurance, feel better about themselves, are more self-confident and more likely to take care of themselves.
According to the survey, women comprise 51% of the population, hold 43% of the wealth in America and typically outlive their spouses by five years. The survey also found that most women are neither confident about their finances nor have planned for their future. The Penn Mutual proprietary survey data showed that women who have life insurance differed substantially from the norm and that women insured for the same amount as their spouses were even more likely to have a positive outlook.
Economic statistics referenced in the survey regarding women include the facts that women receive 59% of all post high school degrees, they start businesses at twice the rate of men, they earn $2.4 trillion annually and they influence 95% of all purchasing decisions. This is only a small part of their economic story.
In addition to outliving her male counterpart, she is more likely to be alone later in life and far more likely to spend time in a nursing home.
The survey states that women are expected to account for 92 million jobs by 2050, yet far fewer women have their income protected by something as elemental as a life insurance policy, considered the foundation for any financial plan. Those that do such planning, according to the survey, were more likely to have higher self-esteem, feel more confident about retirement, believe their opinion is important, feel loved by others and take good care of themselves.
This survey makes it all the more apparent that proper planning to insure the needs and human life value of successful women is critically important. Penn Mutual has designed a website to help calculate these values. The LIFE Foundation also has two calculators to help in this area, one to determine human life value and the other to determine your life insurance needs.
Life insurance – it provides you and your family security, dignity and peace of mind.
by Marvin H. Feldman, CLU, ChFC, RFC, President and CEO of the Life foundation.
The PennMutual Life Insurance Company recently conducted a national survey that shows women who actively plan their financial future, including owning life insurance, feel better about themselves, are more self-confident and more likely to take care of themselves.
According to the survey, women comprise 51% of the population, hold 43% of the wealth in America and typically outlive their spouses by five years. The survey also found that most women are neither confident about their finances nor have planned for their future. The Penn Mutual proprietary survey data showed that women who have life insurance differed substantially from the norm and that women insured for the same amount as their spouses were even more likely to have a positive outlook.
Economic statistics referenced in the survey regarding women include the facts that women receive 59% of all post high school degrees, they start businesses at twice the rate of men, they earn $2.4 trillion annually and they influence 95% of all purchasing decisions. This is only a small part of their economic story.
In addition to outliving her male counterpart, she is more likely to be alone later in life and far more likely to spend time in a nursing home.
The survey states that women are expected to account for 92 million jobs by 2050, yet far fewer women have their income protected by something as elemental as a life insurance policy, considered the foundation for any financial plan. Those that do such planning, according to the survey, were more likely to have higher self-esteem, feel more confident about retirement, believe their opinion is important, feel loved by others and take good care of themselves.
This survey makes it all the more apparent that proper planning to insure the needs and human life value of successful women is critically important. Penn Mutual has designed a website to help calculate these values. The LIFE Foundation also has two calculators to help in this area, one to determine human life value and the other to determine your life insurance needs.
Life insurance – it provides you and your family security, dignity and peace of mind.
A NEW POLL OF UNIVERSAL HEALTH CARE
A new poll taken on Facebook, which targets mostly people 30 and under reveals amazing results relating to universal health care.
71,270 (71.4%) people said no to universal health care.
27,999 (28.1%) people said yes to universal health care.
520 (0.5%) people said they really do not care either way.
Contact your Congressman and Senator and let them know that the future of America does not want Universal Health Care.
Keeping up with the times
Today I will check my email from all four accounts, then go online and check my facebook, Twitter, Linkedin and myspace. I have to keep up with all of my friends and see whats new in their lives. Wow wouldn't it be incredible if I could do that with my customers!
Well you can. I know that many people are afraid of their computers and having everyone know everything about you. Heck just this morning I found out three of my friends are expecting their first child, two on their second, six Friends bought new cars, and around 45 or so are tired of hearing about Michael Jackson. Thanks to things like Facebook and Twitter I am able to know just about everything I need to know to see where they are in their insurance timeline.
That's right their insurance timeline. We all know as agents that the average person will purchase life insurance over 7 different times in their lives. They just got married, having their first child, got a promotion at work, bought a house, their coming up on child number two, their term policy is running out, their children are heading off to college, etc. All of these factors are indicators on their insurance timeline. Indicators that you as good agents can take to the bank for new policy sales. That is of course if you know about it.
Technology has come a long ways since many of you started in this business. In fact did you know that you can create your own facebook page for your business and advertise it to your friends for free. All you need is an email address and five minutes then your on your way. Building an online relationship with your clients, keeping up with their insurance timeline, and now building referrals through their friends list. If you have not thought about opening and account for your agency or yourself then you should think about it today. Give me a call if you have any questions 1-800-352-8049
Sincerely;
Tripp Hatfield
Subscribe to:
Posts (Atom)