Set yourself apart from other financial planners. Lead the way with disability income insurance. Top 5 reasons to sell individual disability insurance:
- IDI is a great door opener:
- Relatively few have it, but it’s much needed protection.
- Not many have been approached about it.
- Since almost all individuals depend on their incomes, they can easily see the direct benefit of insurance.
- If your client become disabled, Individual Disability Income insurance provides monthly benefits to help pay for daily living expenses, including premiums on other insurance and investments they may have.
- IDI can help diversify broker’s portfolio offer and provide attractive compensation, including generous first-year commissions, strong renewal compensation adn opportunities to earn bonuses.
- Offering disability insurance to client is part of financial professional’s due diligence. If you help a client with other needs, but not income protection, you are leaving a gap in the financial strategy. What do you say to that client if he becomes too sick or injured to work and is no longer receiving a paycheck?
- Disability solutions are available for clients in sought-after markets, such as business owners and higher-income earning professionals.