You may not be aware that many direct online writers of term insurance like Ethos or Select Quote have seen significant increases in their online applications in the last 30 days, as much as 30%-40%. Considering these increases are from applicants that are unsolicited and applying direct, is pretty impressive.
Phil Murphy, vice president of insurance at Ethos, a company that sells life insurance online, said in an email that Ethos is seeing spikes in life insurance applications submitted. “This virus has people thinking about their mortality, and life insurance is increasingly top of mind now,” Murphy said.
Imagine what the increase in your applications count would be if your agency were to personally contact your client base to review their life insurance needs. With so many people sheltering in place, day time contacts make a lot of sense, they are an excellent way to help your clients with their insurance protection needs, and they are a way to enhance agency revenue.
RAM Group can help you help your clients secure their life insurance with no in person in person meeting, online application and no wet client signature all electronic, non-medical underwriting, so no para-meds to visit the clients home. With face amounts up to $2,000,000.00 through age 65.