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Free Health Insurance Leads Generation

September 15th, 2015 3:35 am

Being a health insurance agent is not a simple job. One may expend the entire day conversing with prospects, but the ultimate result might be wearisome, more than ever if your consumer discards you. Even if you manage to clarify the significance of your insurance policies and superior to any other agent working to enlist that prospect as a client, it may not be enough to, at the end of the day, make a sale. That prospect might simply not want to engage in any health insurance policies, he may appear to be listening but in reality is not really interested. Thus, you may be wasting your time trying to sell a health insurance policy to someone who doesn’t even bother. You are simply beating around the bush or shall we say barking up at the wrong tree.

One must be able to ascertain the people looking for or are open to health insurance policies. Health insurance leads are the means of avoiding wasting time, money and effort on trying to sell to people who don’t have any intention to buy. Health insurance leads can be bought from the Internet as there are thousands that can be found with just a few clicks. But beware, internet health insurance leads lack exclusivity as they are being sold over and over which means you will be having a great deal of competition in closing deals with the leads. A better and less risky, but more expensive alternative to Internet health insurance leads are telemarketed health insurance leads. But what if you can afford to make those regular purchases of telemarketed health insurance leads? Are you left with no other choice but to turn to Internet health insurance leads or just go on and try generating leads of your own? Well, there is a great option one may consider, that is having free health insurance leads.

Free health insurance leads lead generation equates to having a stable flow of prospects that you can benefit of absolutely free. Regularly, telemarketed health insurance leads are sold on an exclusive basis and are conveyed real-time to clients almost immediately after the online purchase has been made. If you are a health insurance agent, you can ask for referrals from the leads you already purchased. The referral scheme will now become your free health insurance leads lead generation system and the referrals your free health insurance leads. Those that will be referred are likely to be open to searching the Internet for health insurance providers, and as a policy provider, it is of outmost importance that you make sure they get that health insurance policy from your company.

Never forget that every health insurance lead you have possession of means more opportunities of making a health insurance sale. You can generate free health insurance leads from the health insurance leads that are already in your list if you possess that ability to mingle with people and forge that bond with them and gain their trust. Most people would prefer health insurance providers referred by ones they know rather than those they just find in posters or the Internet. But, it is essential that you establish contact with your free leads as soon as possible, be it by phone or email. Do not hesitate to converse with them several times in order to achieve that desired result of having sale.

The Basics of Home Mortgage Insurance

August 16th, 2015 9:27 pm

Home mortgage insurance comes in two varieties. The first type is mortgage life insurance and the second is private mortgage insurance. Mortgage life insurance is a voluntary program that is generally purchased by people as a hedge against disability or death, to insure that their dependents can maintain the home. Private mortgage insurance is often made mandatory by lenders as part of a mortgage contract. Here are a few things to help you consider which you need or if you will be required to purchase private mortgage insurance when you buy your home.

Private Mortgage Insurance

A borrower purchases private mortgage insurance to compensate for a low or non-existent down payment on a home. This helps assure against a quick foreclosure situation, which can cost the lender a lot of money. This insurance will cover the cost of closing and ongoing monthly payments. Occasionally a lender will provide the insurance as part of a deal, but more often than not the cost will be placed solely on the borrower.

The biggest home lenders, Freddie Mac and Fannie Mae, have established new guidelines when it comes to insurance, as a result of their near collapse. These days a down payment of up to 25% will no longer bring borrowers a lower interest rate. In light of recent experiences, these lenders now consider such borrowers just as risky as those who provide a lower down payment and take out mortgage insurance.

Currently, once a home’s loan to value equals out, borrowers are entitled by law to cancel their mortgage insurance. That is when the amount of the outstanding loan falls below 80% of the home’s appraised value. New borrowers will likely not be allowed to cancel the insurance until the loan to value falls to 50%.

Mortgage Life Insurance

Mortgage life insurance is purchased to insure that a home is paid off in the event that the borrower dies or can no longer work. This is often done to assure that survivors can keep the property without being burdened by mortgage payments. Whether or not this type of insurance makes sense in your particular case depends on factors such as age, dependents health risks and the amount owed on the home. Many people find that it’s more economical to purchase a conventional life insurance policy, part of which can be used to pay off the outstanding debt on the home. This type of payment allows the dependents to receive a lump sum payment that can be invested and earn money while the mortgage continues to be paid. If a homebuyer is unable to qualify for a traditional life insurance policy due to ill health, then a mortgage policy might be the only option. There are usually fewer health related restrictions on such policies, making them accessible to a greater number of people.