What Are the Key Objections to Buying life Insurance?

  • “Everyday expenses” such as energy costs, food, clothing and transportation were cited by more than half of consumers surveyed as limits on ability to save for financial goals.
  • 86% of consumers who believe they need life insurance haven’t bought it because they think it is too expensive.
  • When surveyed on financial issues, “money for a comfortable retirement” was the top pick of 67% of consumers. By contrast, concerns that life insurance coverage traditionally addresses (such as premature death, funeral expenses and leaving an inheritance) registered as a top priority for less than 40% of consumers surveyed.
  • Among households saying they are likely to buy life insurance in the next 12 months, 35% say the reason they have not yet bought more life insurance is because no one has approached them about it.

Insurance Agents Use Direct Mail to Prospect

  • Direct mail is the only way to consistently reach the top the Life Insurance lists. These include trigger groups of New Homeowners and New Parents. A well thought out letter with appropriate premium will earn Insurance Agents a coveted face-to-face appointment. People buy insurance from people. Let them Buy From YOU!

Marketers can target their advertising dollars just reaching out to these top-producing market segments, using these top life insurance lists. Such is the beauty of Direct Marketing.

At Dataman Group, we can help insurance marketers pinpoint the best possible prospects in their specific market area, helping them create an on-going outreach program that brings them a continuous flow of quality leads.

Read this NEW article – 2022 – Trends in Life Insurance Sales and Marketing