Catastrophe Insurance
Is the property insurance market ready for the big one?
Florida’s property insurance market appears to be better prepared for hurricane season in some ways this year than it has been the past few years.
New Farmers Insurance Commercial: Catastrophe Response
Insurance sells question?
How are any and all insurance agents making out in business considering groceries over catastrophe is most important in this time of need?
If there is a 5.5% unemployment rate, it means that there is a 94.5% EMPLOYMENT rate, which means that 94.5% of the employable population is WORKING.
People need insurance, especially when the economy is not as good as it should be. Your sales should INCREASE, if you explain to your prospects that it might be harder to come up with the needed funds, should the unthinkable happen. How would a familiy’s economy be if the breadwinner was taken out of the picture? That family would be a whole lot worse off without adequate life insurance on each family member’s life.
Another thing to think about is your client’s possiblity of being disabled. If this should happen, that family’s economy will be the pits.
If you do a Financial Need Analysis (FNA) or other Total Needs Selling presentation, your sales will be easier to close, even in economically hard times.
In the Property/Casualty market, licensed vehicles and financed houses are required to be insured, regardless of the economy.