Go ahead with this >
There are so many Multi Insurance companies in the world. At-least we never heard about them. Let see them as below. Have you ever heard about them?
Also there more insurance companies in Sri Lanka too. Lets have a look them:
Some these information might be helpful for people those who are living at Colombo, SL and Moratuwa, SL. Other information for rest areas people will come soon!
Auto Insurance Basics
Buying Whole Life Insurance For A Child
How would an agent demonstrate the value of buying whole life insurance for a child? At first glance, there appear to be lots of better alternatives, like a savings account. While a whole life policy would accumulate some cash value over time, only a small amount of the premium would contribute to the cash valued portion of the policy, and the policy only adds the monthly average interest once per year.
Agents agreed that the main selling point of the policy was guaranteed insurability later in life if the child's health declines. Most agents would rather see a parent invest in life insurance for THEMSELVES so that the child would benefit in the event of a parental death. But agents noted that these plans have great value after the parents insurance programs have been shored up.
They both preserve insurability and once of age, the child can take over payments and ultimately ownership which is a good basis for teaching systematic savings in a safe environment. As for cost, the insurance costs built in are WAY less than an adult because the insuring company is expecting an “mortgage” payment for 70 or 80 years.
The Top Six Life Insurance Reads
Students of the life insurance industry are always looking for resources to add to their library of knowledge. For new agents and seasoned veterans alike, pertinent reading material can be a major boon to a life insurance practice. With a plethora of information - some good, some not so good - it can be difficult to find books that will best contribute to a solid life insurance foundation. Here are some of the books our forum members recommended, which you may want to add to your reading list!
This book covers both the basics and the more advanced principles involved in life insurance. The book includes advice on pitfalls to avoid, keeping a policy in force, and company evaluations. It was written by a life insurance professional with years of experience.
Although not exclusively an insurance book, Amazon calls Bettger’s work a “business classic.” Written for anyone with a job in sales, this book divulges anecdotes and guidelines on how to develop winning sales strategies. Plus, it was written by a once-failed insurance salesman turned wildly successful - an encouraging tale for all of us.
This book talks about methods for determining a client’s life insurance needs. It includes charts, checklists, and case studies on applying sales methods and identifying the impact of new regulations on existing insurance models. Now in its 4th edition, this book covers a variety of topics, from life settlements to insurable interest to buy-sell agreements and charitable planning.
While this book is slightly older, it is a helpful read for beginners. Baldwin’s guidebook discusses analyzing insurance products based on their investment merits and overall financial returns. His pragmatic look at the most important factor for any business - the bottom line - serves as a go-to for consumer insurance information. One agent noted that it is “a little too enamored of variable UL”, but still provides a great deal of useful information.
This book is a compilation of eight commonly-held financial truths that are accepted as components of a sound financial plan. Bloom dismantles them within, and discusses the way that relying on accepted truths impacts one’s financial future. This book was a favorite among agents and brokers.
Another oldie but a goodie. This book has served as a foundation for building sales skills for several agents. The Kinder Brothers now provide sales and sales management consulting and training tools for the financial services industry. One broker noted, “Anything by Jack and Gary Kinder is worth reading, in my opinion.”
Thank You!
