Hey everyone, we’re here at the Life Summit, and I’m talking with Bo. He’s one of our top agents and writes a lot of life insurance and annuities through Empower Brokerage. We’re going to talk about the importance of life insurance. So Bo, tell us what do you think is the most important thing about life insurance.
It’s that need to protect the family after someone passes away and the protection of everything that you own.
Do you have any examples of the clients that needed life insurance?
Yes, I have quite a lot of testimonies since I’ve been doing this for 9-10 years. One I’ll never forget is a client I had in Amarillo who wanted a quarter million-dollar policy that was supposed to be issued, but he kept procrastinating and procrastinating. So one day, I just I kept calling him with no answer. I decided to just go over there. About two blocks away, I called him again, and he told me that he’s going to a meeting in Denton, which is 45 minutes from where he lived. I said, “OK, I just need one last signature so we can get this application done.” He said he was in a hurry, but I was just around the corner, so he had no choice.
So we finally got the policy signed, and he left for his meeting.
Unfortunately, he got into an accident on the way, just outside of town, and passed away. But since he had temporary insurance coverage on his policy, the carrier paid the quarter million dollars. This is only because of his signature on the policy. Without that signature, he would not have been covered. One thing we know about death is that it is 100%. We’re all going to pass away one day, and it is just a matter of when that happens. These testimonials make me persistent with my clients. Our job is to make sure that we stay consistent with the clients in every way. At the end of the day, it’s the family that is going to appreciate what we do. It’s why I do this.
Absolutely. Well thank you so much for sharing with us. This story really testifies to how important life insurance is and not to wait to get it.
Yeah, the wife received the money and paid off the house. It was a great feeling just to see the smile on their faces when they knew they were covered. Without the signature, his wife would have been in a lot of debt and could have lost everything.
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