Why LifeAnswers

How You Benefit By Partnering with LifeAnswers Financial Group

LifeAnswers Financial Group provides you an entirely plug and play recruiting and revenue stream. This is a perfect opportunity if you are an individual independent agent or financial professional, looking to grow your own agency, or if you’re looking to add additional revenue to your existing agency.

LifeAnswers provides a simple way to grow your business and your bottom line.

We offer you:

  • The most complete technology platform in the industry that’s easy to plug into.
  • Access to industry veterans who value the insurance marketplace, its consumers, and want to help you grow your business.
  • Help with bringing on individuals who have relatively minor experience – or are new to the insurance industry – and turn them into life insurance professionals.
  • A transparent compensation system that rewards you for sales success.
  • The ability to implement your own life-event focused lead generation system.
  • Established incentive programs and health and dental options for individual producers and their families.

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The Marketplace

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The average age of an agent is over 56, but the average LifeAnswers financial professional is 48.2

You know there is a considerable need for life insurance; however, report after report details a significant disconnect with consumers.

The need:
According to a 2016 LIMRA study1, 1 in 4 Americans feel they need more life insurance protection, while 40% of households in this country report having no life insurance at all.

The disconnect:
Many people put off buying life insurance because they believe it costs too much, many time overestimating it by twice the actual cost.1 This is where education comes into play, and showing how many of the features of life insurance can help address the key financial concerns that many pre-retirees and retirees may have about the future.

Massive need for life insurance.
Shrinking agent population.

It is no secret that new sales marketing talent is needed in the industry. The average age of an agent is now over 56 years of age. The average age of a LifeAnswers financial professional is 48.2 LifeAnswers understands that a new face-to-face approach is needed to reach customers and educate them on how to address their financial needs. Customers need to have valuable, face-to-face conversations about their financial futures and the protection of their families with someone they trust.

An opportunity characterized in “millions”:
The big questions are – Where are the new agents coming from? Who is going to nurture and train them?

LifeAnswers has solved that dilemma by joining forces with the top names in other sales industries to deliver new financial professionals to the insurance industry – individuals eager to protect families in their respective communities! This new group is honing their skills because they realize the opportunity is limitless. Here’s why:

According to a new survey3, few Americans look to life insurance to fund living expenses beyond replacing income of a departed breadwinner or funding funeral expenses.

The report shows that 49 percent of the adult population cites a host of reasons for not owning life insurance – that’s approximately 101,000,000 people between the ages of 18 and 64! Among the reasons are:3

  • 14 percent say they never thought about life insurance and don’t know much about it. (That’s 14 million people!)
  • 12 percent don’t know where to start. (That’s 12 million people!)
  • 8 percent note they don’t have time to research/learn about/explore their options. (That’s 8 million people!)
  • 6 percent say that life insurance is too complicated. (That’s 6 million people!)
  • 5 percent say the product is too stressful. (That’s 5 million people!)

Why LifeAnswers?

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With our core producer-focused message, in just 5 months during a pilot phase we used this program to attract 1,500 new recruits to the industry! In the same time period nearly 400 were licensed and 200 appointed with carriers and are in full sales mode.

LifeAnswers brings new life into life insurance.

These new recruits understand that life insurance is the one product that can help families keep a roof over their heads, provide for basic living expenses and allow time to recover and heal from the loss of a loved one. And, more importantly, they want to make sure families in their communities understand this need.

LifeAnswers flexibility:
LifeAnswers provides for part-time and full-time sales opportunities. More importantly for you and your family, the LifeAnswers opportunity allows for unlimited dynamic growth.

Interestingly, there are few organizations focused on this market with our system and approach so we firmly believe the sky is the limit!

With a core focus built around helping you build your business in the life insurance marketplace, our model takes a slightly different approach to help you embrace new approaches to success, including a step-by-step process for you to build your own team.

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What We Offer

Strategic Carrier Partners
LifeAnswers has contracted with a core group of life insurance carriers for life insurance and annuity products for its members for every stage of a customer’s financial needs. They also have extensive brokerage products available in both the life insurance and annuity markets.

Life insurance and annuity products for its members
for every stage of a customer’s financial needs.

Training
We are 100% focused on professional growth as you and your team embark on a path of increased success in the life insurance industry. To help you meet your professional goals, we have an established training and education program geared towards providing business skills, sales training and product knowledge.

State of the Art Website and Communication Tools
With LifeAnswers you receive a state-of-the-art website that is plug-and-play and packed with agent-focused features and benefits, including:

  • Ability to view status of new recruits, active agents, production, recruiting, general activities
  • Completely mobile responsive (over 60% of visitors come from mobile devices)
  • Team leaders can communicate directly with team members via email & text – right from our system – at no cost to the team leaders
  • Every agent is provided a personalized LifeAnswers website for recruiting and client prospecting

A REAL Lead Program

Life events are important periods of time that can trigger the re-evaluation of life insurance and that’s precisely why LifeAnswers uses this method as the foundation for our lead generation program.

Studies support this approach wholeheartedly! Typically within one year of a life event trigger, 78% of people purchased life insurance4. As we all know far too well, lives and families change dramatically over time. Whether it’s marriage, birth of a child, job change or loss of a loved one, these can be important events that spur the need for a conversation with a financial professional.

With LifeAnswers you receive an expertly crafted lead fulfillment and management system focused on these key life events. This is a finely tuned, state-of-the-art lead system – fully optimized for mobile devices! Highlights include:

  • You can manage your leads and your business right from your smartphone or tablet
  • Complete training on managing leads, working leads, and SELLING leads before anyone can touch a lead
  • Multi-tiered system for any budget. This includes a Basic version and Premium version
  • No more blaming the leads! All leads are completely trackable!

Next Steps

Whether you’ve been an insurance agent or financial professional for three years or over thirty, embracing new opportunities can help you grow personally and professionally and raise your business to new heights.

Come join us and encourage others to as well, because there really is no time like the present. LifeAnswers is a unique opportunity built with you in mind and can create the future you’ve always envisioned.

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1 LIMRA, Life Insurance Barometer, 2016
2 2013 EBRI Retirement Confidence Survey
3 Northwestern Mutual reported this in its annual “2015 Planning & Progress study,” an online survey of 2,010 U.S. adults conducted in January.
4 Genworth 2012 LifeJacketSM Study