Mortgage Protection Insurance is one of the greatest jobs for a life insurance agent.
MPI pays off the mortgage balance for the surviving family in the event of death or disability of the primary wage earner.
It offers peace of mind to your clients while also netting you a solid income.
It’s also a great product to cross-sell with annuities or index universal life.
With 50% of households showcasing an average coverage gap of $200,000, the total market need is $12 trillion.
You can easily make another thousand bucks or two a week by calling these leads and door knocking the ones you can’t reach by phone.
The market for MPI is incredible and all it takes is to get licensed to sell life insurance.
Whether you’re thinking of jumping into MPI or are already there and looking for tips, Secure Agent Leads is here with our best advice.
Mortgage life insurance plans, also known as mortgage protection, is a life insurance product that pays off the insured’s mortgage should they pass away before payoff. This is an important policy because, normally, the largest asset a person owns is their home. And with it comes a very large financial burden. If someone in the …
New insurance agents in the mortgage insurance business often rely on their warm market to get started. But, when the close friends and family run out so do the sales and the agent becomes a part of the 92% who fail out of the industry within three years. What if we told you we had …
Selling mortgage insurance to your “rolling 100” Read More »
Mortgage protection specialists need help with their client relations. Sorry, but it’s true. How do we know? Because all insurance agents do. Mortgage protection insurance is a popular product to sell because the ease of explaining the need for a policy. After all, a home is a client’s largest asset. However, insurance agents message or …
Mortgage protection insurance can be easily implemented by any life insurance agent, so it’s an often-carried product. If you’re struggling selling mortgage protection insurance, or just want to sell more of it, Secure Agent Leads has some tips for you. Get better on the phone This might irk some insurance agents but, hey, the …
Mortgage Protection insurance is a product many insurance agents have began to see the benefit of adding to their portfolio because of its ease of cross-selling with other coverage. And thanks to its incredible survivor benefits, clients can easily see the need. Secure Agent Leads has a few, easily implemented tips that will make it …
Insurance agents have seen all the stats regarding life insurance falling out of favor in recent years. So, the question then becomes — How can mortgage protection insurance keep up? Mortgage Protection Statistics Here are some stats for you to keep in mind when consulting with your mortgage protection leads: Over half of …
