Tworotor7
Well-Known Member
I found it soon as I posted thanks. I did search before I started the thread but nothing it didn't come up. I probably spelled it wrong or something lol
Thoughts on Life Insurance...?
- Thread starter Tworotor7
- Start date
I found it soon as I posted thanks. I did search before I started the thread but nothing it didn't come up. I probably spelled it wrong or something lol
CBpilot
Well-Known Member
Are you talking about a Variable UL (referring to the varying interest rate)? I never got into that due to my license status. I could sell the standard UL (whatever you want to call it..."fixed" or "normal") but not the VUL.
Agreed there.
I'd say we probably spent 99% of our "meeting time" (at my favorite insurance gig) discussing term and the other 1% being divided among annuities, securities (since some in our office had the certification), UL and whole. El company made big bucks on term products.
...I shoulda stayed in insurance and flown for fun.
-mini
CBpilot
Well-Known Member
Mini,
Yeah I am talking Variable Interest Rate UL.
"...I shoulda stayed in insurance and flown for fun."
I was having delusional thoughts a couple years ago about trying to make a run at flying for a living. Because of the cost of living of where I live I am glad I did not. (Please don't take that statement the wrong way Commercial guys. I am envious of your job. I am just glad I did not drop my career and go for it)
Yeah I am talking Variable Interest Rate UL.
"...I shoulda stayed in insurance and flown for fun."
I was having delusional thoughts a couple years ago about trying to make a run at flying for a living. Because of the cost of living of where I live I am glad I did not. (Please don't take that statement the wrong way Commercial guys. I am envious of your job. I am just glad I did not drop my career and go for it)
CBpilot
Well-Known Member
Gotcha. Yeah, I never worked with those. If I had, I may feel differently about them.
I was pretty successful at insurance and was just starting to pile up residual checks...which was padding the income nicely. If I had worked hard at that for the past 4 years, I could probably be in a nice position right now to work when I work and relax when I don't.
...now sure doesn't seem like a good time to get back into it. Are you finding that guys just getting started/returning to insurance are struggling right now?
-mini
CBpilot
Well-Known Member
Mini,
A lot of guys who do financial planning are having a hard time in this market.
My company does Voluntary Benefits for large companies across the country so I always need Life and Health licensed agents in all states. Our business has picked up because employers are cutting group benefits and adding voluntary.
The market still sucks and people have lost confidence in Insurance carriers, but that was to be expected.
You should do benefit enrollments on the side if you have a flexible work schedule.
A lot of guys who do financial planning are having a hard time in this market.
My company does Voluntary Benefits for large companies across the country so I always need Life and Health licensed agents in all states. Our business has picked up because employers are cutting group benefits and adding voluntary.
The market still sucks and people have lost confidence in Insurance carriers, but that was to be expected.
You should do benefit enrollments on the side if you have a flexible work schedule.
PeterPilot
New Member
Rest assured, it will happen. How and when is another question.
CoffeeIcePapers
Well-Hung Member
I got it through AOPA group. It is less than $50/month for $250k. Enough to pay off my house and allow my wife to be able to make it on her own.