According to Fidelity, by retirement age, savings and retirement accounts should be 10 to 12 times the annual salary at retirement. Having a yardstick to evaluate progress is helpful and can be reassuring for the serious saver. Sometimes, though, life interferes with...
Why should you specialize in disability insurance for dentists? Because dentists are highly compensated and need more income protection than most! In 2016, dentists earned an average salary of $173,860. Dental hygienists also offer a nice client base with an average...
Our article from last month, Guaranteed Standard Issue Disability Insurance: Good for your Practice makes the case to give some attention to multi-life GSI opportunities. This time around we’ll look at three strategies to identify prospects and make the sale. Target...
Don’t let the cost of long-term care insurance dissuade you from talking to clients about this essential coverage. The two greatest financial fears of retirees are 1) being unprepared for health care costs in retirement and 2) outliving retirement income. Long-term...
You know you need leads, but do you know how to handle them? Harvard Business Review has released an infographic on lead response management best practices. Based on three years of data covering 15,000 unique leads and 100,000 call attempts, the infographic shows the...
Living a long and healthy life is something I plan on doing. Unfortunately, life doesn’t always go according to plan. Life happens. I can plan all I want and be as careful as possible, but sometimes things are just out of my hands. I’ve found that the older I get, the...
Looking for an easy path to a multi-life account? Guaranteed Standard Issue disability insurance (GSI) is just the ticket. Designed for the multi-life market, GSI plans offer a guaranteed issue product and replace much of the income not covered by group long-term...
Discussing the need for disability insurance can be challenging for two reasons. According to several studies by Council for Disability Awareness (CDA) most consumers do not understand disability insurance. Likewise, there are several misconceptions about the causes...
Three significant trends confirm the importance of Millennials or Gen Y to the future of your practice. The sheer size of the generation, their transition to greater financial responsibility, and their surprising financial attitudes make this generation even more...
As many of you know, the physicians and dentists markets are among the most lucrative for disability insurance. After all, doctors and dentists spend a great deal of time developing their earning power, and their incomes are typically much higher than that of the...
