Friday, August 17, 2007

 

Personal Defined Benefit Plans for the Affluent Market: The Next Great Life Insurance Sales

For millions of consumers who need to assume greater personal responsibility for their retirement security, what I’m about to describe to you could be the next great life insurance sales opportunity. But first, we have to answer these questions:

• Is it possible to market a life insurance policy designed to act as a personal defined benefit plan?

• Will individuals for whom retirement plan contribution limitations make it impossible to fund adequate retirement incomes flock to a life insurance strategy that provides a reliable, tax-free income stream at retirement?

I believe that the answer to both questions is a resounding “yes.”

Personal Defined Benefit Plans for the Affluent Market: The Next Great Life Insurance Sales
Source: Life Insurance Selling

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