February 11, 2012 
         

Celebrate with LIFE this September!



Francine Jacoby, CLU, ChFC
Tuesday, September 19, 2006

Did you know that 68 million adult American’s have no life insurance and those that have insurance do not have enough?

 

September is Life Insurance Awareness Month (LIAM) and we must use this as an opportunity to end the unnecessary financial suffering that occurs when a loved one dies. 

 

Coordinated by the nonprofit Life and Health Insurance Foundation for Education (LIFE), LIAM is supported by more than 100 leading life insurance companies and trade associations. 

 

During the month of September, a public awareness campaign will take place including print, radio and television advertising and a national media event will be held Sept. 19 to educate consumers on the need for life insurance.

 

Similar to the MDRT site, LIFE has also introduced a new Blog feature to allow consumers to learn more about important life insurance planning topics.  I would encourage your clients to visit the LIFE Blog (http://blog.life-line.org/) to gather information from other industry experts and interact with consumers in similar situations about the benefits of life insurance.  In addition, there are a number of tools available to you via an online catalog (www.life-line.org/catalog) to help reach the people in your community who lack adequate life insurance coverage. 

 

Life insurance will be top of mind for consumers during September, use this as an opportunity to help your clients assess their life insurance needs. 


READER COMMENTS
sandi saksena Dubai UAE
Wednesday, October 25, 2006

Hey Fran,
Hope you remember me! We served on the PR committee 2005-2006.

Prompted by the LIFE Foundation I have done my bit to build some more awarness in Dubai. I convinced the buisness editor of the newspaper in which I have a regular weekly column to let me do the whole section of Personal Finance on Life Insurance. He was pleased with the idea and I got to do a 1200 word piece on Life Insurance quoting from LIFE and LIMRA. It was well received.


READER COMMENTS
Jeannette Sulindro
Thursday, October 5, 2006

I agree that Life Insurance is a MUST for everyone.
And we will have an INSURANCE DAY campaign starting October 18,2006. The arrangement is being done by the Association of Insurance Industry (Life, General, Brokerage) among 7 countries .

We hope that Indonesia will increase the awareness of Life Insurance and so more agents will qualify for MDRT and joint MDRT, attend the MDRT meeting, learn more and increase professionalism.

We don't have agents association right now. We hope that we can learn from you to form one, and thru the association we can have an affiliation with many sources. I love to read the LIFE brochures and the DVD of Life Time family. Thank you for your sharing.


READER COMMENTS
Trevor Patrick (Life & Qualifying Member) TOT
Friday, September 22, 2006

Reading Fran's article raises more concern about the enormous amount of replacement (churning) which is prevalent in our country. It is imperative that MDRT members focus on the needs of their clients rather than simple replacement of what are often solid old policies. Fran's article highlights the good that will be achieved from MDRT Member efforts not to mention the potential for MDRT members worldwide.

READER COMMENTS
THOMAS D FOY JR
Tuesday, September 19, 2006

As a proud member of the Top of the Table, I have had the privilege to rub elbows with the best in our industry. Through those contacts and my experience over the years, I have come to a conclusion… there are two very distinct things that I do. One is the role of investment advisor, where wisdom is provided relative to the deployment of assets to meet discovered objectives. Many times these objectives are deeply rooted in emotion motivated by the fear of outliving your assets.

The other is the role of "financial planner." Over the years the definition of financial planner has gone through substantial evolution. At one point the media charged that the definition of a financial planner was "an insurance agent with an identity crisis." For me, the role is clear - it is to provide information and direction relative to all financial aspects of a family’s many financial lifecycles. Sometimes this means brutal truth (not telling them what they want to hear but should hear). Other times it’s yielding to the "sleeping factor" - the fact that no matter how passionate you may be that the advice you provide is clearly in the client’s best interest, the client will not sleep at night if they act on your advice (this is sometimes a function of perceived cost). These times are rare but a part of financial planning reality, which supports the theme that not many people “buy” life insurance; they need to be convinced of the consequences of not having the protection it provides. LIFE has a wealth of resources I use to help me. Why reinvent the wheel?




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