Senior Vice President
While 2020 has been a year of change and huge challenges , it has also been a year for the life insurance industry of pivoting to remain in competitive positions of writing life insurance. With the Covid-19 Virus getting our attention in March, it is still at the top of the list for distractions in industry including the Life Insurance Industry.
With more and more employees of carriers and distribution working remotely, the challenge has been how to create more sales as the statistics have shown more young people are re-considering their life insurance needs. This also goes for Final Expense products.
The good news is that we have succeeded. While premiums are flat and there has been a change in the types of life products not only being offered but purchased, the distribution and ease of purchasing life insurance has evolved. Yes, term insurance for younger people has increased, premiums have decreased yet sales of VUL have soared to our wildest expectations.
Agent Support Group has been following this trend towards more electronic, exam free fluid free accelerated underwriting and we are exciting about introducing VIVE- an end to end, Drop Ticket Platform for Term Insurance from many of the top carriers.
Vive is an exclusive platform only available to BGA’s who are members of Libra and their advisors. Libra is one of the leading IMO’s in the life insurance marketplace today and this exclusivity is important.
With the Vive platform an advisor will be able to quote, share a quote, and within 5 minutes, submit an order via an electronic application that from that point forward with be handled by the carrier of choice and our ASG case managers.
This platform is cutting edge and we hope you take advantage of it. Click Here to see a demo of how Vive work.
ASG will be sending out some information on Vive and our formal introduction will be via a Webinar on March 2nd – you will all receive an invitation and hope you do join us. PLEASE SAVE THE DATE – MARCH 2ND – 10 AM EST.
In conclusion, while our lives have been disrupted and changed in 2020, we are looking forward to a sate, productive and better 2021.