WORK YOUR OWN HOURS IN YOUR HOME OFFICE-NO BOSSES-NO QUOTAS
LICENSE NOT NEEDED
A few of our lead generators who earned a great deal of money are retiring or becoming settlement brokers. We need to replace them.
Dallas Beardsley Insurance, licensed since 1993, is working nationally to help seniors obtain additional income by converting their life insurance policies into life settlements. Life settlements allow a life policy holder, in most cases 65 years or older, to obtain cash for unwanted or unaffordable policies. Although statistically 90% of seniors do not know they have this option, life settlements were established and legalized in 1911 through a Supreme Court decision (Grigsby v Russell) which deemed a life insurance policy an asset that can be sold. Warren Buffett and Bill Gates are inspired by the growth of the industry as it is already a $13 billion dollar industry and 90% of the senior market are still not aware that they have this option (Refer to "Berkshire Hathaway Strikes Again"). Selling a policy generates 3-5 times more cash for the policy holder than the surrender value.
The commission for the settlement broker in most cases is $5,000 and up. The largest commission we have seen was a triple play, 3 sales with one client; a term conversion, life settlement, and annuity, for a total commission to the settlement broker of $647,940. Yes, this was an exceptional case, however, it happened. Commissions can be very large. Life settlements annual volume nationally is due to hit $13 billion dollars a year. While policy holders received $1.1 billion dollars in payouts last year from selling their policies, agents earned $96 million dollars.
We pay the our generators 50% of whatever our commission is. That 50% for the lead generator is usually around $2,500. If our commission is higher then the fee for the lead generator is higher. If our commission is in excess of 100K or more then we pay the lead generator 30% of whatever our commission is. Lead generators are also paid their fee on all referral business. We receive a lot of referral business coming from the original lead. Lead generators are very important to us. They are part of marketing. We have been using lead generators since 1993 and we wouldn't have the business without them. Lead generators have the freedom to work when they want without bosses or quotas.
1. A simple script and unlimited FREE lists of individuals 65 and older, which is 54 million people and growing. We don't run out of lists and knowledge of settlements is not necessary. We provide all the information they need. This is not sales. Lead generators inform and educate seniors that they have this option, if they qualify. Someone who wants more information regarding their individual situation is a lead that goes to a settlement broker. We work with the top settlement brokers in the country. Some of them write magazine articles.
2. Unlimited FREE marketing materials for those who may want to create a blog, website, social media, senior gatherings, etc. There are many ways to get leads.
3. All day support for lead generators where we answer all questions and take care of whatever they need. Lead generators are very important to us. They are part of marketing.
4. WE HAVE ONGOING UPDATES ON ALL LEADS FROM SETTLEMENT BROKERS AND FORWARD THE INFORMATION TO LEAD GENERATORS SO THAT THEY KNOW EXACTLY WHAT IS GOING ON WITH THEIR LEADS.
Licensed in Insurance and Financial Services since 1993
If this sounds like it may be a fit for you then call our corporate offices at 888-489-0130, ext. 456, for an overview of ths opportunity. Listen as many times as you like and leave your name and number twice. Please speak clearly and do whatever checking you need to do before you leave your information.
P.S. Please review below which shows a few of our recent life settlements.
A current client with a $200,000 universal life policy with $600 cash in it. The client didn't need it anymore and did not want to put anymore money in it. So instead of surrendering the policy for $600 she just cashed a check for $95,000 for selling the policy.
A 66-year-old woman with multiple sclerosis had a $150,000 term policy that she didn't need anymore but needed the money for her care needs. The product was marketed for $25,000 giving her the financial cushion she wanted.
A 78-year-old man with cancer had a $250,000 term policy and didn't need the policy because the house was paid off. The openinng offer for the policy was $15,000. By using a good life settlements broker who marketed the policy, he eventually sold it for $128,500.
A 58-year-old had a $1.6 million universal life policy. The famiy did not need the life insurance and he wanted to buy a ranch. He sold the policy for $350,000 (the opening offer was $125,000).
A 66-year-old man had a term life insurance policy that was reaching the end of its term. He sold the policy for $75,000. He was on the verge of walking away with nothing as most people do because they do not know that they have this option.