Life Insurance: Planning on What Will Happen vs. May Happen
About 50% of Americans are covered by life insurance. However, 41 or so million Americans know they need life insurance but have no life insurance coverage.
In large part, the non-purchase frequently begins with the misunderstanding that life insurance is very expensive. For some, unfortunately, that may be the case, but you may want to know that a healthy male, age 45, can purchase $100,000 of 10-year term coverage, coverage that would pay the beneficiary $100,000 of income tax-free life insurance, for as little as $11 a month. Likewise, a $100,000 policy for the same age female could be as little as $10 a month.
We buy car insurance, home insurance, and insure many other things against financial losses that may happen. Life insurance replaces the economic loss of a loss that will happen. When it does, life insurance can help pay the mortgage, educate the kids, supplement retirement, and pay the ongoing expenses.
COVID-19 has resulted in the unexpected death of hundreds of thousands of Americans, and life insurance sales have increased by double digits. So, it seems a good move to purchase life insurance to protect against what will happen.
If you would like some sales ideas to help promote life insurance, please get in touch with AIPMA’s Business Development team at (800) 783-5206 Press #2 or email firstname.lastname@example.org.
Disclaimer: The actual rate depends on underwriting, including such things as health history and avocation.
Latest PostsGet Your Customized Graphics and Video to Promote February's Insure Your Love MonthJanuary 2022 Industry Stalwart AIP Marketing Alliance Taps into Integrity’s Omnichannel PlatformJanuary 2022 Updated COVID-19 Insurance Carriers Resources for 2022January 2022
TagsProtective Tickit Regional Director Roth Ira Financial Planning Term Life Insurance Holiday Myaip Legal And General Retirement Planning Transamerica Fidelity Guaranty Life Job Posting Women Regulations Fixed Indexed Annuity Fixed Annuity Covid19 Taxes Wink Open Enrollment Charity Secure Act Aipma Social Media Lincoln Financial Group Permanent Life Insurance Limra Bestow Carriers Medicare_Supplements Securian Financial Life_Insurance North American Disability_Insurance Nationwide Web Meetings Insurance Fraud Coronavirus Covid 19 Equitrust Aig Culture Genworth Global Atlantic Tax Season Myga Annuity American Equity Drop Ticket Foresters Financial Senior Health Shop Webinars Working From Home Nafa Ira Long_Term_Care Tips Final Expense
2041 E. Square Lake Road, Suite 100, Troy, Michigan 48085-3897
For more than 40 years, AIP Marketing Alliance (AIPMA) serves as a premier life insurance and annuity distribution partner to provide full-service support to independent wholesalers, brokerages and agents from our Troy, Michigan office. Copyright 2021