How To Sell Annuities To Seniors

How to sell annuities in the senior market.

How to sell annuities to seniors. For michael sams annuities are second only to medicare supplements in his overall production. Steve trains you on all aspects of prospecting and selling annuities. On the other hand at this seniority most people also have enough money to invest in annuities and other financial products. Annuity commissions are going to vary based on the product type so it s hard to actually pinpoint exactly how much you can make selling annuities unless we know exactly what you re selling.

We run an annuity sales training program for insurance agents new to selling annuities. But the area where advisors fail the most according to leonard is with their fixed annuity clients. Annuity sales are a huge opportunity for independent agents in the senior market. This is so because people start thinking about earning a constant income post retirement at this age.

In this environment consumers should arm themselves with information to protect their interests. Steve s complete guide to fact finding for annuities. How to prospect for annuities. Immediate annuities tend to be the best annuities for seniors because they begin paying out within 12 months of purchase.

Seniors and pre retirees generally form a major percentage of people who buy annuities. If you want to learn how to sell annuities to seniors you ve come to the right place. The ultimate guide to selling annuities in the senior market. 5 ways to sell to seniors.

Below is a basic run down of some of the common annuity commission levels based on some of the most common annuity products. Here s how it works personalized training. Everything you ever wanted or needed to know about senior market annuity sales is right here. Check out our complete guide here.

Annuities can help seniors build tax deferred savings to handle retirement costs such as healthcare and living expenses. By vanessa de la rosa june 13 2014 at 12 11 pm. Annuities are not only a great solution for a huge number of seniors but they can help you reach your production goals. After years of selling life and health insurance mike volner of volner financial group switched his focus to fixed and fixed indexed annuities and has had four straight years of 20 million plus.

If you want to learn how to sell annuities to seniors you ve come to the right place. In 2018 sams did 2 830 490 in annuity production alone. However seniors should pick the annuity that will best help them meet their retirement goals. With billions of dollars in sales to be made insurance companies may offer commissions as high as 10 percent to agents to sell products like long term deferred annuities to senior citizens.