Tuesday, July 25, 2017

TA's Top 5 for July 14, 2017

TA's Weekly Top 5




Hi, All!

Here is your weekly dose of "TA's Top 5". A list of industry updates, sales ideas, important dates and other interesting things we come across.

Top
5:

  1. Move Your Business With These!
  2. 12 Things Mentally Strong People Don't Do
  3. DOL Update
  4. How to Live Without Limits (podcast)
  5. The 5 “W’s” of children’s life insurance


1. Move Your Business With These (Brian Thompson)
A cover letter is a critical part of the underwriting process, allowing you to present a more comprehensive and accurate portrait of your client than the application allows. A well-written letter that includes background on a client’s risk factors can help move the application through underwriting. A poorly written cover letter – or none at all – could result in numerous conversations with your underwriter or a quick decline.
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2. 12 Things Mentally Strong People Don't Do! (Patrick Swayne)

When I think about what can hold people back from reaching their full potential and dreams, a few things definitely come to mind. Here are just a few that have affected us all at one time or another. Please click on the full article for all 12.
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    • They don’t waste time feeling sorry for themselves.
    • They don’t shy away from change. – This has been an especially hard obstacle for myself as a proud person. Sometimes you have to take a step back to evaluate yourself and make changes accordingly.
    • They don’t worry about pleasing everyone.
    • They don’t expect immediate results. “Nothing worth doing right is easy”- Mike Maheny (current manager of the Cardinals and former MLB player)



3. DOL Update (Adam Thompson)
Did you know the compliance burden of the DOL Fiduciary Rule (effective June 9th) rests squarely on the shoulders of YOU as individual agents??? Click here to learn about what your responsibilities already are, and where you will need to be by the end of 2017 to be fully compliant: DOL Playbook
Click here to register and login to AIG’s educational DOL presentation. This provides great information, and can complete on your own time: https://aigcampus.com/Portal/Login



4. How to Live Without Limits (Brian Thompson)
I found this podcast interview a refreshing perspective full of inspiration. Enjoy!
"Kyle Maynard (@kylemaynard) is a motivational speaker, bestselling author, entrepreneur, and ESPY award-winning mixed martial arts athlete, known for becoming the first quadruple amputee to reach the summit of Mount Kilimanjaro and Mount Aconcagua without the aid of prosthetics."
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“Dreams don’t have to manifest as you imagined. They just have to set you on a path because there is always a way.” – Kyle Maynard



5. The 5 “W’s” of children’s life insurance (Adam Thompson)
  1. Who – juveniles from age 0 – 18
  2. What – whole life insurance from one of 4 companies
  3. When – the younger, the better (lower premiums, protection from uninsurable health conditions)
  4. Where – in their resident state, or the state of the person who owns the policy (typically parents or grandparents)
  5. Why – it’s a gift that gives for their entire lives. These products provide a wide range of features, including, but not limited to:
i. Possible cash values that can be used later in life
ii. Guaranteed insurability – this guarantees that your child or grandchild can get additional insurance at future points, regardless of his/her financial or health insurability



Thank you all!
Have an Outstanding Weekend!


The Thompson Agency 73 River Rd Collinsville, Connecticut 06019 United States (800) 842-8289


TA's Top 5 for July 7, 2017

TA's Weekly Top 5




Hi, All!

Here is your weekly dose of "TA's Top 5". A list of industry updates, sales ideas, important dates and other interesting things we come across.

Top
5:

  1. IUL Made Easy
  2. Interesting Industry Articles
  3. The Flag (Vacation Photo)
  4. The Talent Code
  5. LTC 360'

1. IUL Made Easy (Peter Zinnen)
You understand the benefits of indexed universal life insurance, but do your clients? Share the first video of a two-part series to explain how indexed universal life insurance works and its unique benefits.



2. Interesting Industry Articles (Adam Thompson)
  • How to Fill the Disability Coverage Gap for Doctors with High Income Many doctors are finding a serious gap between the benefits of traditional disability and the replacement of their true income. Read more.

  • How Advisors Can Help Prevent Wealthy Families From Losing It All In the book, "More Than Money," Michael Cole tells how advisors can retain clients over generations. Read more.



3. The Flag (Brian Thompson)
Old Glory as I sit and consider the depths of its story, sitting and enjoying the fruits of the triumphs it represents. We are lucky to be here and to fly this amazing flag. Vacation, 4th of July 2017. Lavallette NJ

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4. The Talent Code (Brian Thompson) I am enjoying the depth of insight, science and theory melded together in this great exploration of talent, the hotbeds from which it originates and how to break it all down. Definitely worth a look if you are trying to get better at anything...
"What is the secret of talent? How do we unlock it? In this groundbreaking work, journalist and New York Times bestselling author Daniel Coyle provides parents, teachers, coaches, business people—and everyone else—with tools they can use to maximize potential in themselves and others." Read More Here
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5. LTC 360' (Frank Thompson)

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We often get asked: "What are my options for protecting my clients' Retirement Assets, and how do I decide which is best?" This guide will guide you through the many LTC planning options available today. Helping to overcome the top reasons for NOT purchasing traditional long terom care insurance, which are:
  • Confusion - People say it is difficult to understand the costs and what is paid by Medicare, Medicaid and long term care insurance.
  • Denial - People do not believe that they will need Long Term Care insurance
  • Mistrust - Clients are concerned they will not be able to rely on a long term care insurance company when they need it.
  • Discomfort - It is too unpleasant to think about becoming ill and needing long term care.
On this site we discuss traditional and alternative, explaining the concepts and products available to meet the needs of your clients.




Thank you all!
Have an Outstanding Weekend!


The Thompson Agency 73 River Rd Collinsville, Connecticut 06019 United States (800) 842-8289