How Much Business is There?
Over 10,000 people in the US are turning 65 every day. Fewer insurance agents are getting in to the business. There is more Final Expense Insurance business out there than you can shake a stick at. I have been in this business for 16 years, and it just keeps growing.
This is what we have found out: if you give ten presentations per week, on average you will extract five applications. If you give fifteen presentations, you will have seven to eight applications per week. With twenty presentations, you will extract ten applications. What does this mean for your income?
The average Final Expense Insurance application pays $50 per month or $600 per year. Ten applications per week equals $6000 in annual commission you are going to get on a weekly basis. And, these applications can pay up front from $3500 to $5000 depending on your commission level. You will get a nine-month advance on your sale, then get the tenth through twelfth months “as earned” (paid to you as your client pays premiums to the company.) After one year, you will go in to renewal, meaning as long as the client pays, you keep getting paid.
As you can see, it is possible to earn significant money in the Final Expense Insurance market. Become part of our team and learn everything you need to know to be successful.