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[M267]Marketing For Life Insurance
by Webmarket Reports, Web
If you’ve never been crabbing before, you don't know what you're missing. But you do have to be careful you don't get pinched...It does hurt.

The best part though is bringing these huge fresh treats home and cooking them up.

But back to crabbing itself...

There are basically 3 ways to catch crabs:

1. The first way is called a hand-line. You hook the bait onto a string and lower it into the water. Then within a few minutes if you're lucky you will feel a nibble or so. When you think the crab has latched on then you slowly pull the line up and carefully try to snag the crab with a net. This method is very challenging. It really is a lot harder than it sounds.

2. Then next method is to use a trap. This method is a lot easier than the hand-line. All you have to do is set the bait and drop the trap. Then all you do is pull the trap up in about 15 minutes or so...And depending on the area you parked the boat; you could have 5 or 6 crabs chomping on your bait. Not a bad method.

3. This is the "ultimate" in crabbing but you need a special license to do this one..."Commercial Traps!" I was talking to the people that rented us the boat. They are also commercial crabbers. They know all the hot spots. But just as important, they have the right tools to maximize their time and efforts. The commercial traps along with just the right bait and strategically placed- can yield up to a bushel of crabs each haul.

Now we were out there about 3 hours and we ended up with 22 crabs. We actually got about double that but a lot of them just weren't big enough yet. We tossed them back for next year's catch.

Why am I telling you this and what does it have to do with your life insurance business?

Well it's just like marketing for life insurance leads.

There are a number of ways to get life insurance leads:

1. The first is like crabbing with a hand-line. It is called cold calling. Do it once and you won't want to do it again!

2. The second is the trap, which is like doing your marketing yourself. Sure it gets the job done, but unless you have the right marketing piece (aka - Bait) you will be struggling to get any leads at all.

3. Then there is the third option... The Commercial Trap. This is what it is like to have all of your marketing completely done for you. It is the ultimate scenario allowing you to focus on doing the things that make you the most money… "SELLING!"

This just goes to show you that there are many options to choose from in life and in business. The question you have to ask yourself is, "how much do you value your time."


It was announced in May this year that the industry regulator the Financial Services Authority are asking for better treatment for those who hold life insurance policies in the UK and those who wish to purchase life insurance cover. It seems that some advisers selling life insurance policies are giving consumers very poor advice regarding the product, both before the sale has taken place and after.

In an insurance sector briefing issued by the FSA, it said that the after sales care when it comes to life insurance was seen as being very poor with some consumers thought not to have been treated fairly. There are also concerns over the quality of the product that some consumers are getting. Sarah Wilson who is director and sector leader of the Financial Services Authority insists that the findings where significant and that consumers should be able to be make the right choices when it came to purchasing the product.

The report said that consumers currently cannot make the right choice for themselves regarding their profits policy, because they simply don't have the necessary information by which to do that. Consumers can be given very poor information before and after they have been sold a policy, which then leaves them unsure about what they have paid for and have actually bought.

In response to this and to try and rectify the situation the Financial Services Authority are asking those that sell the insurance to take more time out to make sure the consumer is more aware of the product they are purchasing. If the product isn't understood then it needs to be clearly explained in jargon the consumer understands.

Sales of the product clearly need to be assessed with staff making sure the consumer understands the performance of the policy and the features of the product.

If the sales techniques and advice given in general about the product isn't stepped up to ensure the consumer understands the product, then the Financial Services Authority are insisting they will start to hand out fines as a way of dealing with those advisor's and companies who don't put the consumers best interests first.

The Independent newspaper has said that the Association of British Insurers have welcomed this with open arms and accepted the Financial Services Authorities recommendation when it comes to consumer satisfaction regarding their life insurance policy.

Article Source : Pg. 10

About Author
Both Webmarket Reports & David Thomson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Webmarket Reports has sinced written about articles on various topics from Legal Matters, Direct Marketing and SEO Articles. is the founder and president of Insurance Selling Systems. Dean is a. Webmarket Reports's top article generates over 22200 views. to your Favourites.

David Thomson has sinced written about articles on various topics from Finances, Motorola Cell Phone and Mortgage Insurance. David Thomson is Chief Executive of BestDealInsurance an independent specialist broker dedicated to providing their clients with the best deal on their
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