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Insurance Agencies Are Missing Out On Millions - Articles Surfing
Agencies Missing Out On Millions
Is it true that Insurance Agencies are supposed to provide beneficial products and services that their clients need and deserve? Insurance agencies have been around for hundreds of years providing many forms of insurance plans and policies that are greatly needed. However, there is a huge $15 to $25 billion available market ready for insurance agencies, agents, and any professional sales person to jump in and take advantage of this huge opportunity. As I see it, there are not many agencies providing these beneficial products and services to their clients. If this is truly the case, whose interest are these agencies really looking out for*it seems not the client's interest. The bottom-line is consumers need these products and services so why aren*t the agencies providing the services at neck-breaking speed.
The Huge Need for Product
In North America and Canada, there is a huge need for legal counsel services. Less than 3% of the population has access to quality legal services. Why is that? It could be that people are intimidated by lawyers, they simply don*t know whom to call, or maybe they feel as if they will not be able to afford the attorney's fees. This very instant over 50% of families today has a legal situation. The sad part of this is that most of the families will either ignore the problem or try to handle it themselves.
The Value Of A Plan
With other insurance products and services, the client have to wait for something bad to happen before they can extract any value out of the plan they prepay for on a monthly basis. Like a prepaid cell phone, a prepaid calling card, or a prepaid debt Visa/Master card, as a client, I want to be able to reap the benefits of having the plan the very same day if needed. This usually not the case with insurance plans today.
Insurance agencies, you can make this happen for millions of North Americans and Canadians today. Remember less than 3% of the people have these products and services. Only one company has these products and services ready for your agency and sales team to provide to your client base. If you are not ready to provide your clients legal service plans then someone else will.
If you are talented in selling and motivating a sales force then legal service plans are the perfect product for you and your sales force. The challenge to you is whether you choose to get involved with this moneymaking product and million-dollar opportunity. *Human Capital* is an expensive investment and by giving your sales staffs the opportunity to sell legal service plans and services. You will be giving them the ability to make as much commissions as they want to make without huge overhead cost to the agency. With these legal plans alone, your agents can give themselves a raise any time by selling more plans. As they sell more plans, you will see your bottom-line profits increase tremendously. The benefits here are the agency makes more money and retains more of its sales force, the agents makes more commissions, and the clients gets the products and services they can use minutes after purchasing. By adding, this product to your existing products and services can ind!
eed enable any company with a professional sales force to grow faster than its competitors. Increased profits and commissions without additional overhead cost, this is truly a powerful moneymaking opportunity for sales companies.
When an insurance agency or any sales professional provide these products and services everyone involved benefits with each sale. For instance, the agency benefits immensely because:
1. It allows its sales force to provide a product that the client can use immediately after purchasing.
2. It gives the agency's sales team the ability to make money daily and as the sales team earns immediate commissions the agency will be earning daily revenue via direct deposit if it choose to.
3. The sales agency locks in it sales force even if the sales person is no longer employed with the agency. The agency continues to profits whether your sales agents are selling your products or the legal service plans and services.
As long as the sales person continues to make sales, the agency will continue to earn revenue from the sales person. For the sales person, they can set the limit of how much their income increases by the level of their sale production. A top money earner in the company, who was once a Real Estate agent in the family business, started selling the products and in two and a half years, he earned over $1 million in commissions. With several agents earning a million dollars in commissions, you could very well see a six or seven figure increase in your year-end revenue report. Lastly, the benefits for the client are immediate use of the plan from the time of sale. The client is also able to provide legal services protect their family with one low monthly fee.
More info at the web site below, click on the Insurance & Finance Professionals link.
Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).
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