Annuities

HYBRID

Presented by Richard Mangiameli If you look up the definition of “hybrid”, one of the results is “anything derived from heterogeneous sources, or composed of elements of different or incongruous kinds”. We can find Hybrid Power, Hybrid Literature, Hybrid Games and of course Hybrid Vehicles. In the insurance industry, we have hybrid insurance products where insurance companies have created products that are composed of different elements; annuity or life insurance products with elements of long term care insurance. LIMRA studies show that in 2013, 67% of people were worried about having sufficient money for a comfortable retirement and 58% were concerned about paying for long-term care services, while 39% express concern about financial impacts of premature death. It’s possible to address all three concerns with many of the new hybrid products available today. Call me to learn more!
Disability

Are you living with half a health plan?

Presented by Donna Ries Medical plans cover the costs of doctors and hospitals, but are your clients prepared to cover the financial costs when an unexpected, devastating event occurs and they are unable to work? Without an income, who will pay for the basic necessities such as mortgage payments, utilities, gas, groceries and other necessities? According to a 2005 Harvard study, over half of all personal bankruptcies and mortgage foreclosures are a consequence of a disability. Disabilities may occur for an extended period of time. Per the Council for Disability Awareness, long term disabilities last 31.2 months, on average, so the long term financial consequences can be overwhelming. Most clients live paycheck to paycheck. There is little or no money left for unexpected emergencies such as an injury or illness – the primary causes of a disability. What to do? Help your clients plan ahead with a Financial Security Plan and be ready for the unexpected sickness or injury that may occur tomorrow.
Annuities

10,000 Boomers to retire each day!

Presented by Richard Mangiameli Over the next 19 years that’s 64,850,000 boomers trying to figure out how to take the most advantage of their financial investments. Here are some key points: Boomers are internet savvy and are searching for help. You need to have a presence on the internet using all the different types of Social Media. Have your own website; Understand the top three selling annuities and companies – get appointed with each. Talk about pay checks for their living expenses and play checks for their enjoyment during retirement.