Insurance Pro Shop - Weekly Marketing and Sales Tips -What You Need To Know About Protecting Yourself From Financial Disaster!

What You Need To Know About Protecting Yourself From Financial Disaster!

Are you protecting yourself from financial disaster? It has come to my attention, that a lot of agents and advisors are not taking this economy seriously! I have reviewed the forums and Facebook groups to see what agents are thinking about right now. I see a lot of different opinions… some serious… some not. While everyone is entitled to their own opinion, here is the problem!

Most families were hit very hard first by the pandemic, and now by inflation, high gas prices, and a recession.

No matter which end of the spectrum you are on. The fact is that people need your help more than ever. Are you prepared to be the HERO they need?

In our most recent client newsletter, Alex wrote this article to summarize why your prospects need a HERO right now…

Protecting Yourself from Financial Disaster

Unfortunately, protecting yourself from disaster is a priority that will never go away.  It has become increasingly more important each year because there are more things than ever before to protect yourself from. The lack of preparation by families across the globe has made this abundantly clear.  While there are many things to protect yourself from, today we are going to be focusing on financial protection. More specifically, we will talk about how to protect yourself and your family from the loss of Income.

There is no doubt that someone’s ability to generate an income is their biggest asset.  The three biggest culprits that will take away someone’s ability to produce an income:  are Death, disability, and job loss.  According to a survey by bankruptcy companies, 78% of bankruptcies are caused by a loss of income.  In my opinion, that is 78% much too high, since there are simple things that families can do to prevent this from happening.  Death is hard to predict and has terrible consequences both financially and emotionally.  Many people don’t like to plan for this as it is a sad topic, and no one wants to think about themselves dying. However, people do die!

The second one is Disability (short and long term). Most people ignore this because they think that they will be protected from worker’s compensation or SS Disability.  But that is just not the case.  Worker’s compensation only protects you if you are hurt on the job.  Social Security Disability can be hard to qualify for and could take 2 years or more before it kicks in.

The last major cause of income loss is job loss. This is one that we don’t talk about much since it rarely happens. But today people do lose their jobs for a variety of reasons… from being laid off, caring care for loved ones, and company collapsing.  Companies collapsing usually only happen in severe economic conditions such as the Great Depression, the Great Recession of 2008, and the 2020s with the Corona Virus.

However, there are 3 great tools you can use to protect yourself from financial disaster…

The first tool is disability insurance (DI).  There are two types of disability insurance (long-term and short-term).  This insurance is low-cost and is used to replace your income for a preset amount of time if you cannot perform the functions of your job.  It is important to note that you do not have to be permanently disabled to qualify.  The other good news is that it doesn’t matter what caused your inability to work (so long as it wasn’t criminal activity). If you are disabled and can’t do your job the insurance will payout.

The second thing you can use to protect yourself is an emergency fund.  I recommend 3-6 months of income.  Too many people resort to using credit cards which just creates a snowballing debt problem that becomes hard to get out of.  However, if you had access to a fund of money that you can use to take care of all your expenses for 3-6 months, it makes you so much more flexible.

The last one is my favorite tool, Life insurance.  Life insurance is the “Swiss Army Knife” of financial vehicles.  It accomplishes so many great things.  Life insurance when set up correctly can replace an income from a loved one if they pass. It can provide an emergency fund to draw from. And can provide extra funds for serious illnesses. Additionally, if you don’t have to use it, (or you repay what you use) you can use it to fund a college education, or generate a tax-free income in retirement!

We don’t want our friends, neighbors, or loved ones to suffer from one of these things! When there are easily preventable measures you can take. Please give me a call today so I can help you craft a plan that will best protect you and your family from financial disaster.

In the end, it doesn’t matter what each of us thinks about the economy. What is important is how we step up to the challenge of protecting ourselves from financial disaster!

What will you do to protect yourself from financial disaster? And, what can you do to protect the people that you care most about?


We want to put the best Tips, Tools, and Training for selling insurance in your hands right now!

When will you help your client find the money for the insurance they need? 

Are you protecting yourself from Financial Disasters? Do you want to protect your clients?

Trusted Advisor Success Program™

Trusted Advisor Success ProgramOur Trusted Advisor Success Program is about you helping middle-income families to find the money to Live Debt Free And Truly Wealthy! So you will help families to get all the life insurance they need to protect their families. While they save for a tax-free income, save for college, create a family bank, etc. (Using cash value life insurance!)

Check out our Trusted Advisor Success Program! Because you will get 90 days of personal insurance training, coaching, and mentoring… with back-office sales support! All from a team that has helped agents and advisors to succeed for over 40 years! First, we will show you how to find and attract your best life insurance leads/prospects. So you set great sales appointments. Then we will show you how to do a complete client fact-find to help families to identify and want to solve their financial problems. We will also show you how you can help families find the money! So that they can take action right now! Next, we will show you the best ways for you to present your ideas. So you will take your life insurance and annuity sales career to extraordinary heights like the legends!

Discover The Best Life Insurance Marketing Strategies!

Inside our Trusted Advisor Success Program, you will find all the best life insurance marketing strategies laid out for you… in a step-by-step process! Using booklets, free reports, joint ventures, educational workshops, seminars, and more – with all the tools, scripts, invitations, PowerPoints, and more. So you can find and set your best life insurance sales appointments with qualified prospects! Because your ‘special message’ to everyone will be all about how you help middle-income families to find the money to spend, save, invest, insure and plan wisely for the future! So they can Live Debt Free and Truly Wealthy!

You will also learn how to use all the HOT Sales Concepts… Wealth In Motion, Infinite Banking. Missed Fortune, Circle Of Wealth, Wealth Beyond Wall Street, Tax-Free Retirement, etc… All combined into Our Superior Found Money Management Strategy designed to help average people, not just the wealthy!


What You Need To Know To Protect Your Clients From Financial Disaster!

Living Debt Free And Truly Wealthy

Middle American Family’s Guide To Living Debt Free And Truly Wealthy!

We urge you to take the time to read our 20 Chapter book… ‘Middle American Family’s Guide To Living Debt Free And Truly Wealthy!” Because we give you the complete strategies, on how you can help middle-income families to find the money to spend, save, invest, insure, and plan wisely for a secure future! So that you can help them to “Live Debt Free and Truly Wealthy!” As a result, you will understand our philosophies, concepts, and techniques by the end of the book. And finally, you will know how you can make a real difference by helping your family, friends, clients, and neighbors get rid of their debt. So they can save for retirement. So that they will have a secure financial future! Book Outline – Get A Digital Copy of Our 20 Chapter Book! Only $18.97, Immediate Download, ORDER Now!


Nothing Will Change Until You Make it Change. So It Is Up To You To Learn How To Help People To Protect Themselves From Financial Disasters! To Make It Change!

Free Consult - Helping 9 Out Of 10 Agents and Advisors To Double And Triple Their Sales And Income In 60 Day Or Less!

Recommended By The Members Of The IARFC - What You Need To Know About Protecting Yourself From Financial Disaster!