Notes

There is No Magic in Insurance
There certainly are a large amount of ads for insurance out there. With so many ads, and so much clutter in the insurance marketplace who should you do business with?

The reality is there is absolutely no real magic with insurance. The insurance one agent sells is the same stuff you can buy from virtually any other agent out there. So long as it comes from an established insurance carrier you truly can't go wrong. So why so much hype and advertising about "my product is preferable to your product" or "my company is the foremost"? It is similar to claiming that Tiger Woods is best golfer on the globe just because he uses Nike clubs. If which were true you or I could take his clubs out on to the course and keep pace right with him. Obviously that's not the case. If you were trying to become a champion golfer can you favour Tiger's clubs, or his coach?

Agents that focus only on product do a great disservice to clients. The client may end up getting an okay policy, but they are falling far lacking their potential. more info that's properly understood and utilized can be an extremely powerful tool for both protection and wealth building. Everyone knows that it could protect your household, but it could also be used to improve your existing assets, create new assets, and build wealth.

It is not the merchandise that makes this possible, it is the coaching. As mentioned above, there is no magic in insurance. Unless you know how to coordinate your insurances with one another and with your other assets, it generally does not really matter how great your insurance product is. Like our example above, if you buy the same set of clubs that Tiger Woods uses, but do not get coaching, your golf game will not be any better than it was before.

It is also essential to understand that there is absolutely no such thing as an excellent or bad policy. This fact is so drowned out by all the shouting in the industry about whether term or very existence is way better, or how great indexed ULs are, or how VULs are the best. Insurance policies, if they be term, very existence, universal life, VUL, or any other type are simply neutral. Not good or bad. However, policies can be used well, or they are often used poorly, based on your situation and everything you are trying to accomplish. I have seen a lot of instances in which a fine policy was horribly misused or was placed in a situation where it certainly didn't belong.

In more info 's troubled economy your insurance protection is critical. It is also vital to make certain your money has been utilized as efficiently and effectively as you possibly can. Coordinating your insurances with your entire financial picture is best way to do this. Not only are you considering effectively protected, you will also put yourself able to enhance and build wealth concurrently.

I am a recovering financial planner. After being on the market for quite some time and being very successful as a normal financial planner, I had an event in 2004 that changed everything. I lost a large client. Oh yeah, this was a large case. And I lost big time. I was dealing with a client friend of mine who owned a successful business that was just starting to turn the corner into really big profits. The short version of an extended story is that another guy in the market got the business and blew me away. And he achieved it utilizing the same products I was trying to sell my friend. He was simply using those products, and coordinating them with techniques I hadn't ever imagined. The first thing I did after losing the case was to call another agent and ask him what he was doing. That set off a big learning experience, and now here I am 5 years later teaching my clients exactly the same lessons the other agent used to beat me so soundly with my client. Just financial principles that work. That's all. To learn more visit my website, LightSource [http://www.livelightsource.com].
Here's my website: https://urlscan.io/result/11f16513-1058-4ca3-b7a5-a65d51800700/