The document discusses how an annuity sales business is like a dipped Oreo cookie, with different layers providing protection and benefits. It notes that annuities and life insurance products have evolved over 100 years to meet customer needs, similar to variations in Oreos. It then provides details on the anatomy of an Oreo and how it aligns with different annuity products. The document advocates for using a fact finder to uncover opportunities for annuity sales and details various types of annuities and factors to consider when selecting one. It stresses enlisting experts to help pick the right annuity and estimates average commission ranges.
How can you choose the right type of Life Insurance? Pravesh Vasudeva
Choosing the right type of life insurance can be confusing, but it’s also an important decision. There are primarily two types of life insurance to choose from:
a) Term Life Insurance
b) Permanent Insurance
Which one is the best for you? Let's see.
An ISA is a way to store away money to earn interest or dividends without getting taxed on your earnings. According to most financial experts in the UK, an ISA is an absolute must for nearly every Brit today.
Can’t pay your life insurance premiums? These are your optionsPravesh Vasudeva
If you run into financial difficulty, paying your life insurance premiums could take money away from other priorities like paying down your mortgage or buying groceries. But there are other options to consider. Here are a few recommended by our life insurance experts at Trust Life.
Take a look.
Annuity is a term that is familiar to most of us and that we have been now hearing for over 200 years. Annuities are nothing but products offered by insurance companies that allow you to save on taxes and derive benefit on retirement. These accumulated funds are later repaid to you either for a fixed term, say 5 to 10 year, or for the rest part of your life.
Annuities are quite similar to Collateral deposits. CDs are offered by banks, similarly, insurance companies offer different return schemes on your annuity investments.
What is the meaning of annuity?
For a layman, an annuity is nothing but a contract between two parties, a person, also called as the insured and an organization which is nothing but an insurance company. The insurance company agrees to pay the insured an agreed upon benefit either in the form of regular interval payments or in lump sum.
Who offers an Annuity?
Annuities are presented by Insurance companies. They reach customers by the way of licensed agents. But before you chose to invest with the insurance company, you should check their insurance licenses. State and federal laws and insurance commissions govern the reserve funds, also known as State Legal Reserve Pools.
How does an Annuity Scheme work?
Annuity is a contract. The insured makes a deposit with the insurance company either in a single go or through regular small installments. Depending upon the type of annuity you choose, the money deposited with the insurance company will earn fixed or variable return.
Different Types of Annuity:
• Single premium immediate annuity: The amount is paid in lump sum and the benefits are derived from the immediate next month onwards.
• Single premium deferred annuity: Again, the amount is paid in lump sum but the withdrawals can be made only after specified time limit
• Annual premium deferred annuity: The premium paid to the insurance company is either in form of quarterly, or monthly or bi-annual or annual installments. Withdrawals are deferred to a later date.
• Variable annuity: This is more of a combination annuity scheme where you can chose either to pay a lump sum amount or in installments. You can choose the investment vehicle as well. Thus, the growth of your fund depends on vehicle chosen.
Thus, depending upon the scheme chosen by you, the amount deposited by you grows. At a time elected by you, the insurance company will start disbursing your deposits from your annuity account.
You also have a choice of withdrawing funds in lump sum after a certain time elapses.
Benefits associated with Annuities:
• Tax Deferral: The money invested in an annuity scheme stays tax free and grows tax free till the time you withdraw it. The age set for withdrawals is 59.5 years. Any funds withdrawn prior to this age bear an annual penalty charge of 10%.
• The insured gets a secured guaranteed return for the rest of life, especially post retirement
Thus, annuity offers you a medium of saving, ensuring avoiding probate for your heirs, safety of funds and much more.
Annuities: Stabilize and Boost Retirement Income, Bobby M Collins #AnnuityEdu...Bobby M. Collins
What are annuities? Simply put, you agree to pay an insurance company–either in installments or with one lump sum–and in return, they pay you in the future.
Retirement, particularly in North Texas and the Dallas/Fort Worth Metroplex, requires careful consideration.
One option is annuities.
By Bobby M. Collins
Patch: https://patch.com/users/bobby-m-collins
Presentations: https://www.slideshare.net/BobbyMCollins/presentations
Medium: https://medium.com/@bobbymcollins
Collins Site: https://collinsandcate.com/
Pinterest: https://www.pinterest.com/bobbymcollins/
YouTube: https://www.youtube.com/channel/UCKIKRPVgRQJ_T-aWZFFvOmA
Quora: https://www.quora.com/profile/Bobby-M-Collins
Having a Term insurance plan is an important component of your investment strategy. This visual and easy-to-comprehend prezzo helps you understand Term Insurance in an easy jargon-free way.
How can you choose the right type of Life Insurance? Pravesh Vasudeva
Choosing the right type of life insurance can be confusing, but it’s also an important decision. There are primarily two types of life insurance to choose from:
a) Term Life Insurance
b) Permanent Insurance
Which one is the best for you? Let's see.
An ISA is a way to store away money to earn interest or dividends without getting taxed on your earnings. According to most financial experts in the UK, an ISA is an absolute must for nearly every Brit today.
Can’t pay your life insurance premiums? These are your optionsPravesh Vasudeva
If you run into financial difficulty, paying your life insurance premiums could take money away from other priorities like paying down your mortgage or buying groceries. But there are other options to consider. Here are a few recommended by our life insurance experts at Trust Life.
Take a look.
Annuity is a term that is familiar to most of us and that we have been now hearing for over 200 years. Annuities are nothing but products offered by insurance companies that allow you to save on taxes and derive benefit on retirement. These accumulated funds are later repaid to you either for a fixed term, say 5 to 10 year, or for the rest part of your life.
Annuities are quite similar to Collateral deposits. CDs are offered by banks, similarly, insurance companies offer different return schemes on your annuity investments.
What is the meaning of annuity?
For a layman, an annuity is nothing but a contract between two parties, a person, also called as the insured and an organization which is nothing but an insurance company. The insurance company agrees to pay the insured an agreed upon benefit either in the form of regular interval payments or in lump sum.
Who offers an Annuity?
Annuities are presented by Insurance companies. They reach customers by the way of licensed agents. But before you chose to invest with the insurance company, you should check their insurance licenses. State and federal laws and insurance commissions govern the reserve funds, also known as State Legal Reserve Pools.
How does an Annuity Scheme work?
Annuity is a contract. The insured makes a deposit with the insurance company either in a single go or through regular small installments. Depending upon the type of annuity you choose, the money deposited with the insurance company will earn fixed or variable return.
Different Types of Annuity:
• Single premium immediate annuity: The amount is paid in lump sum and the benefits are derived from the immediate next month onwards.
• Single premium deferred annuity: Again, the amount is paid in lump sum but the withdrawals can be made only after specified time limit
• Annual premium deferred annuity: The premium paid to the insurance company is either in form of quarterly, or monthly or bi-annual or annual installments. Withdrawals are deferred to a later date.
• Variable annuity: This is more of a combination annuity scheme where you can chose either to pay a lump sum amount or in installments. You can choose the investment vehicle as well. Thus, the growth of your fund depends on vehicle chosen.
Thus, depending upon the scheme chosen by you, the amount deposited by you grows. At a time elected by you, the insurance company will start disbursing your deposits from your annuity account.
You also have a choice of withdrawing funds in lump sum after a certain time elapses.
Benefits associated with Annuities:
• Tax Deferral: The money invested in an annuity scheme stays tax free and grows tax free till the time you withdraw it. The age set for withdrawals is 59.5 years. Any funds withdrawn prior to this age bear an annual penalty charge of 10%.
• The insured gets a secured guaranteed return for the rest of life, especially post retirement
Thus, annuity offers you a medium of saving, ensuring avoiding probate for your heirs, safety of funds and much more.
Annuities: Stabilize and Boost Retirement Income, Bobby M Collins #AnnuityEdu...Bobby M. Collins
What are annuities? Simply put, you agree to pay an insurance company–either in installments or with one lump sum–and in return, they pay you in the future.
Retirement, particularly in North Texas and the Dallas/Fort Worth Metroplex, requires careful consideration.
One option is annuities.
By Bobby M. Collins
Patch: https://patch.com/users/bobby-m-collins
Presentations: https://www.slideshare.net/BobbyMCollins/presentations
Medium: https://medium.com/@bobbymcollins
Collins Site: https://collinsandcate.com/
Pinterest: https://www.pinterest.com/bobbymcollins/
YouTube: https://www.youtube.com/channel/UCKIKRPVgRQJ_T-aWZFFvOmA
Quora: https://www.quora.com/profile/Bobby-M-Collins
Having a Term insurance plan is an important component of your investment strategy. This visual and easy-to-comprehend prezzo helps you understand Term Insurance in an easy jargon-free way.
How to prepare a financial plan to help you adjust to retirement Pravesh Vasudeva
We know how exciting retirement can be after years of hard work. So have you considered how you are going to spend your “me time?" How long you’ll live is an important factor that impacts how long your money needs to last. Canadians are living longer than before, which means you’ll likely need more to support your retirement dreams.
Do you think you’ll spend less in retirement? Some say you’ll spend the same, or maybe even more. To help you position for a bright future, you can take these steps as you move closer to retirement.
Things you can do, apart from the obvious lifestyle changes that will help you take better care of your finances.
Visit http:/blog.guarented.com for more useful content.
If you’re among those who have avoided addressing your life insurance needs, we’d like to encourage you to take action by dispelling some of the most common life insurance myths. Let's take a look at 7 of them in our presentation.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
Life insurance is ideal for new parents. As a new parent holding your newborn, you see things differently. You want to give your family a comfortable and happy life. Why not start by buying coverage?
How to make the most of your Life Insurance policyPravesh Vasudeva
Life insurance coverage can be a bit hard to navigate when you are first looking for coverage. Here are a few tips to keep in mind to make the most of your policy.
Part 1 in a series of educational slidecasts from author and speaker Tony Steuer. Part 1 focuses on term life insurance -- what it is, how it works, and the different types of policies. It's your money, so monitor it, understand it, and know what your are getting for it.
Retirement opens up a seemingly limitless world of possibilities. But all those choices can be a bit intimidating. The good news is with a bit of care, forethought and preparation, you can not only plot out a successful, fulfilling retirement, but also ensure you’ll have the funds on hand to pay for it.
The following tips can help.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
How to prepare a financial plan to help you adjust to retirement Pravesh Vasudeva
We know how exciting retirement can be after years of hard work. So have you considered how you are going to spend your “me time?" How long you’ll live is an important factor that impacts how long your money needs to last. Canadians are living longer than before, which means you’ll likely need more to support your retirement dreams.
Do you think you’ll spend less in retirement? Some say you’ll spend the same, or maybe even more. To help you position for a bright future, you can take these steps as you move closer to retirement.
Things you can do, apart from the obvious lifestyle changes that will help you take better care of your finances.
Visit http:/blog.guarented.com for more useful content.
If you’re among those who have avoided addressing your life insurance needs, we’d like to encourage you to take action by dispelling some of the most common life insurance myths. Let's take a look at 7 of them in our presentation.
What is an annuity?
An annuity is an insurance-based contract between you, the owner, and the contract issuer.
This is basically how annuities work: You pay after-tax dollars to the issuer, the issuer invests the money for you, and any earnings accumulate tax deferred. At some point, the issuer pays out the principal and earnings to you or to your beneficiaries. Earnings are taxed as ordinary income when they’re distributed.
Life insurance is ideal for new parents. As a new parent holding your newborn, you see things differently. You want to give your family a comfortable and happy life. Why not start by buying coverage?
How to make the most of your Life Insurance policyPravesh Vasudeva
Life insurance coverage can be a bit hard to navigate when you are first looking for coverage. Here are a few tips to keep in mind to make the most of your policy.
Part 1 in a series of educational slidecasts from author and speaker Tony Steuer. Part 1 focuses on term life insurance -- what it is, how it works, and the different types of policies. It's your money, so monitor it, understand it, and know what your are getting for it.
Retirement opens up a seemingly limitless world of possibilities. But all those choices can be a bit intimidating. The good news is with a bit of care, forethought and preparation, you can not only plot out a successful, fulfilling retirement, but also ensure you’ll have the funds on hand to pay for it.
The following tips can help.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
Look at this presentation and see how you can earn $4000 helping 1 family a week. We teach people how to make and save money. Is it not what everybody wants to do?
Motto is helping family from all works of life build a strong financial foundation. Offering the best and broadest range of solutions to the families we serve.
If one chooses to commute a pension plan in order to create an individualized income, what kinds of factors might one consider in order to feel that the "nest egg" is secure and one's income will continue for life?
Mutual fund - Marketing Perspective, Investment Vehicles Plans in UAE, Abu Dh...Expat Wealth Care
A case study on Mutual Fund Management Marketing Perspective - investment vehicles plans in UAE, Dubai and Abu Dhabi. We offer best mutual funds investment plan in UAE.
Certified financial planners | Equity Indexed Annuities | Retirement planningFind Me An Advisor™
This presentation from Find Me An Advisor™ will guide you through, how you can grow your retirement money with help of Certified Financial Planners with investment options like; equity indexed annuities, variable annuities and more to boost your retirement planning.
For those who are interested to become their own financial adviser, call/text me at +639173100568 or email karis@truly-wealthy.com
Visit www.truly-wealthy.com to know more or share this to your friends who may need this information.
Similar to Why is our business like an oreo cookie Jeff Manz (20)
"I am not judged by the number of times I fail,
but by the number of times I succeed; and
the number of times I succeed is in direct proportion to the number of times I can fail and keep on trying."
Tom Hopkins
A man found a cocoon of a butterfly.One day a small opening appeared.
He sat and watched the butterfly for several hours as it struggled to squeeze its body through the tiny hole.
Compound Interest & Rule of 72
Biggest Wealth Killer
High Cost of Waiting
Unnecessary Transfers
Opportunity Costs
Be The Bank
Eleven Ways to “Find” the Money
The REAL Retirement Miracle
Completely align selling a product and closing a sale with a higher purpose. At the end of the day your true purpose will carry you through.
This is what separates the closers from the losers, and the big producer from the average producer. To continue to ask, persist, to figure out another way to circle back after being told no, reposition and ask again is ultimately what will make you a great closer.
The only way to wear out resistance is with persistence.
RUBY and VIC
Will Help You Make More Quality Sales and Build Quality Relationships
Want to make more sales?........ Call on RUBY and VIC.
RUBY and VIC aren't characters in a story.
Instead, they're an easy-to-remember system to keep your presentation on track and focused on the client.
Often, all you need is RUBY. But if you get through these four steps without completing the case, call in her buddy, VIC, to close the case.
The Power of One.... The 90 day challenge
Team Training
Power of One & One More
Recruiters Mindset….Building Your Business
TapRooting
Finding The Pony
Marketing vs Sales
How to get more increase your business 80X
Targeting Health Ins Agents
Million Dollar Idea!
The public tends to focus on the total national debt, which just passed the $17 trillion mark.
But that figure pales in comparison to the federal government’s long-term unfunded liabilities
—money the government is obligated to pay over and above the revenues it is estimated to receive.
According to the U.S. Debt Clock, total long-term unfunded liabilities are at $126 trillion, a $1.1 million liability for each U.S. taxpayer. The main driver of that astronomical number
is two of our major entitlement programs: Social Security and Medicare.
Understanding people simply involves recognizing people for what they are; not what you think they are, nor what you want them to be
People are 10,000 times more interested in themselves than you!!
How to create an endless supply of nice warm referrals and an endless supply of qualified appointments... You run the system and the system will run the business.
Money blunders of the otherwise intelligentBryan Daly
1) Rule #1 Don't lose money ...Avoid Mistakes 2) Rule #2 Don’t Forget Rule #1
The problem is you don't know what you don't know until you learn the hard way.
The financial products have gone through endless changes, adjustments or revisions and yet even with all these changes the delivery method has remained that of a transaction commission based strategy.
True independence for the Rep to select any insurance product or provider that is most appropriate for their client.
This is accomplished NOT WITH a Securities Brokers License(Broker/Dealer 6/7) but WITH a Series 65 RIA Registered Investment Advisor Fiduciary license.
Book marketing The New Rules of Retirement SavingsBryan Daly
Take the 100 book challenge and make $100,000 in the next 12 months. Earn the ring and Equity Share!!!!
Can you create financial freedom in the next 12 months?
SEVEN STRATEGIES TO ACHIEVING TRUE SUCCESS
1. The Paradox Principle of Sacrifice – The short term easy leads to the long term difficult while the short term difficult leads to the long term easy. Leverage long-term vision to endure short-term sacrifices.
2. The Buy-In Principle of Commitment – The more we have invested into something the less likely we are to let it fail. Increase your commitment by creating the question “how is this possible?” rather than relenting to the question “is it possible?”
3. The Magnification Principle of Focus – Focus is power. Spend time developing clarity about what you want most in life because the amount of our endurance is directly proportionate to the clarity of our vision.
4. The Creation Principle of Integrity – You think it, you speak it, you act, it happens.
Become relentless at creating congruence between your words and your actions.
5. The Harvest Principle of Schedule – Focused effort is amplified by appropriate timing and regimented routine. Let go of the myth of balance and start living your life by the law of seasons.
6. The Perspective Principle of Faith – Our ability to have peace is directly proportionate to the term of our perspective. Manage tragedy and setbacks by realizing that without the ability to see the entire future, we aren’t entitled to evaluate why things happen today.
7. The Pendulum Principle of Action – It doesn’t matter what we say we believe our real beliefs are revealed by how we act. Cultivate the habit of action by being relentless about making progress while at the same time completely freeing yourself of the demand for perfection
Finally, make permanent change by embracing:
The Rent Axiom - Success is never owned, it is only rented; and the rent is due every day. Know confidently that today is the hardest it will ever be and that one-day your appetites will change. One day you will crave the thing that was originally a sacrifice and what was once an indulgence you gave up later won’t even be a temptation.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
3. Oreos have been around
over 100 years!
The Life Insurance Business has
been around over 100 years!
4. Oreos have evolved into many variations
to meet customer likes and needs!
Life Insurance Products have evolved into
many variations to meet customer likes
and needs!
5. So why is our business like a
Dipped Oreo Cookie?
7. The Anatomy of a
Dipped Oreo Cookie
OUTSIDE
PROTECTIVE
DIP
C
O
O
K
I
E
C
R
E
A
M
Y
F
I
L
L
I
N
G
C
O
O
K
I
E
OUTSIDE
PROTECTIVE
DIP
8. The Anatomy of
Our Business
TERM LIFE
WITH
LIVING
BENEFITS
I
N
D
E
X
A
N
N
U
I
T
Y
I
U
L
I
N
D
E
X
A
N
N
U
I
T
Y
TERM LIFE
WITH
LIVING
BENEFITS
9. The Anatomy of
Our Business
1. Create a core
savings program using
our flagship solution.
TERM LIFE
WITH
LIVING
BENEFITS
3. Wrap it in
Term Life with
Living Benefits
to protect their income
that feeds the other two.
I
N
D
E
X
A
N
N
U
I
T
Y
I
U
L
I
N
D
E
X
A
N
N
U
I
T
Y
TERM LIFE
WITH
LIVING
BENEFITS
2. De-risk both qualified
and non-qualified
savings with
carefully selected
annuities.
13. Just like a kid eating an
Oreo…
1. We go right
for the IUL…
TERM LIFE
WITH
LIVING
BENEFITS
2. Sometimes we wrap
it in Term Life with
Living Benefits
I
N
D
E
X
A
N
N
U
I
T
Y
I
U
L
I
N
D
E
X
A
N
N
U
I
T
Y
TERM LIFE
WITH
LIVING
BENEFITS
3. Then we forget to dig
for the annuities.
14. Why do we shy away from
annuities?
We don’t understand them.
We don’t know
which ones to
recommend.
We don’t know what questions to
ask.
15. First,
let’s take a look at the
annuity products
that are available today
then, we’ll look at ways we can uncover some annuity sales.
16. Annuities – The Basics
How many different annuity
products are for sale today?
(any guesses?)
17. Types of Annuities
Fixed and Variable
Fixed and Indexed
Annuities
Variable
Annuities
Deferred, Immediate, Qualified,
Non-Qualified, Fixed Term, etc
18. More Sub-types of Annuities
Fixed and Variable
Deferred, Immediate, Qualified,
Non-Qualified, Fixed Term, etc
Bonus, Capped, Participation Rates,
Interest Crediting Methods, etc
19. More Sub-types of Annuities
Fixed and Variable
Bonus, Capped, Participation Rates,
Interest Crediting Methods, etc
Life Time Income Benefit Riders
Nursing Home Riders
Cost of Living Riders
Death Benefit Riders
20. Annuity Contracts
Fact:
There are thousands of
annuities that are for sale from
hundreds of insurance
companies.
All of them are different.
22. The Death of the Pension Plan
What is a Pension Plan?
23. Pension Plan
Defined Benefit Plan
1. The Company puts aside
money for you in the Plan based on
your salary.
.
2. The Company gives the money to a
Life Insurance Company to manage and grow.
3. The Plan pays out a stream
of payments to the retirees for as
long as they live.
24. Pension Plan
Defined Benefit Plan gone bad…
1. The Company puts aside
money for you in the Plan based on
your salary.
.
2. Due to low interest rates, the Life Insurance
Company can’t grow the money to sufficiently
fund the needs of the Plan.
3. The Plan pays out a stream
of payments to the retirees who are living
a lot longer than ever anticipated.
25. Annuities are a lot like
Pension Plans
1. You put aside
money for you in the Plan.
2. You give the money to a
Life Insurance Company to manage and grow in an
annuity.
3. The Annuity pays out a stream
of payments to you that you cannot out
live.
30. Finding An Annuity Sale
1.
2.
Use a Fact Finder
Are your already saving outside of your 401k
or IRA type plan?
3.
Do you have money in bank accounts or
CDs?
4.
Do you have any 401ks from previous jobs?
5.
Are you afraid of losing money?
31. Then gather the facts
Tell your client that the
annuity area is filled
with many choices…
…and that you are going to
confer with some experts
and come back to them
with your best recommendations
32. Annuities: How do you pick the right
one?
Enlist an expert and or a more
experienced agent than
yourself.