7 Reasons to Sell Disability Insurance
Here are seven reasons why selling disability insurance can be a smart business opportunity:
1. High Demand
Disability insurance is a product that is in high demand, as many people are looking for ways to protect their income and financial security in the event of a disability.
2. Consistent Sales
Disability insurance can provide a reliable source of income as it is a product that is needed year-round and can provide consistent sales.
3. High Commissions
Disability insurance can offer high commissions as the product can be more complex than other types of insurance and requires specialized knowledge.
4. Client Retention
Selling disability insurance can help build long-term relationships with clients, as disability insurance policies typically require ongoing maintenance and updates.
5. Cross-Selling Opportunities
Selling disability insurance can open up cross-selling opportunities for other types of insurance products, such as life insurance, health insurance, and long-term care insurance.
6. Fulfilling Work
Helping clients protect their income and financial security can be a fulfilling aspect of the job as you are providing a valuable service that can have a significant impact on your clients’ lives.
7. Make a Difference
Selling disability insurance can make a difference in people’s lives by providing them with the financial protection they need to weather a disability and maintain their quality of life.
Selling disability insurance can be a lucrative and fulfilling marketing opportunity for those of us who are passionate about growing our book of business, growing our reoccurring income and providing financial security for our family.
Lloyd Lofton is the founder of Power Behind the Sales and the author of “The Saleshero’s Guide To Handling Objections.”
(Image: Adobe Stock)