People are beginning to realise how important it is to have final expense insurance. There is a tremendous opportunity for insurance agents, and final expense live transfers leads are a fantastic way to take advantage of it. There are, however, a number of differences between live transfer lead providers. Make sure you know what to look for before choosing a live transfer lead partner.

Final Expense Insurance Demand

In the Insurance Barometer Study conducted by LIMRA and Life Happens, 31% of consumers indicate that COVID-19 has increased their likelihood of buying insurance in the next year. In spite of this, many people are still uninsured, and 59% of uninsured consumers say they need life insurance. 

A variety of life insurance policies are available, each with different benefits, features, and premiums. Those who don't need higher benefits - or the higher premiums that go along with them - may be interested in final expense insurance. According to Parting, traditional North American funerals can cost between $7,000 and $10,000, so it's important to plan for final expenses, and insurance can help.

Taking advantage of the final expense live transfers

According to data from the Life Insurers Council, the final expensive life insurance premium increased by 9% between 2019 and 2020.

There is a growing interest in buying life insurance, including final expense insurance. When you're selling final expense insurance, you need good timing. Consumers should only be approached when they're ready to buy, otherwise you'll be wasting your time. Meanwhile, if you wait too long, your competitors will gain an advantage. Reaching consumers at the right time is crucial.

Final expense live transfers leads allow you to do that. With live transfer leads, you can purchase calls with qualified leads already on the line. The prospect is first contacted by a call centre representative. The call centre representative transfers the prospect to the call buyer, who takes over the call. 

The system eliminates many of the problems associated with other lead generation methods. Calling numbers and getting no response is no longer a waste of time. There's no need to worry about your competition beating you to the finish line. When you make a live transfer, you know that the lead is extremely interested and available at that exact moment. 

If this sounds great to you, you're right - it is. That is, at least, what it can be. In practice, however, not all live transfer lead partners are the same, so you need to be able to tell a good one from a bad one