How To Make $1,000 Per Day Selling Life Insurance (SIMPLE)

Sam outlines four steps to hit $1,000 daily in life insurance sales: get more leads than you have time for, pre-book appointments, use a question-focused script, and build automations. Three agents share their numbers: one closes 8% of leads at $750 per policy, needs 17 leads daily, and spends $5 per lead.
Questions this video answers
8% closing rate
$750 average policy
About 17 leads per day
$5 per lead → about $85 per day budget
Text 'AP' to 336-715-5444
Chapters
I'm about to break down the exact strategy that you need to Follow to write $1,000 per day of final expense or life insurance premium. First, I'm going to break down the exact strategy that you need to follow to hit these numbers. Then I'm going to show you three of our clients who are successfully writing over $1,000 per day of either final expense or life insurance premium, and then give you their exact sales process in five of their keys to consistently hitting these numbers. So let's get into the video first. Let's go into the process. So, so I'm going to give you four different things that you need to write $1,000 or more of final expense or life insurance premium. Number one is simply having more leads than time. So what does this look like? Right, let's say you go into your day, you need to have more leads than you are actually able to call. Right? More leads than time. So there's a couple different ways to do this. Number one is to buy a bunch of cheap age leads. You want to be very cost efficient when you're getting a volume of leads because if you're not, you're having to spend a ridiculous amount of money to get that volume that ultimately leads the more leads than time requirements. So one is to buy a bunch of cheap age leads. And my personal favorite is number two, which is to generate them yourself. You can usually generate them for a tenth of the price that you pay at a vendor and we teach tons of agents how to do that in our free Facebook group link down below. Insurance agent freedom. Number two is to leverage pre booked appointments. Right now the reason that pre booked appointments are so powerful is because you can walk into a day with alley oops already set up for you to slam dunk. If you walk into a day with nothing and you're trying to call and, you know, make something happen from scratch every single day. One, it gets exhausting. But two, it's a lot more difficult than walking into a campfire with embers and sticks already set up and all you need to do is throw the match on top of it. So that is the power of pre booked appointments. Now, there's a couple of ways to do this. If you're buying leads, it's not as easy to get pre booked appointments. You do still have to call oftentimes, but you can leverage an AI powered system like we have an advanced agent CRM where you just upload your leads and texts are sent out to them so that you can book appointments that way. Or if you're generating your own leads. What you can do is link your calendar into the lead form when they fill things out. So you can walk into a decent bit of. Of auto book deployments. We've seen as high as a 50% booking rate with averages around 25 to 30% on auto book deployments. Now, number three is your actual sales process, right. Having a good script. So believe it or not, you actually have to be somewhat decent at selling to make sales. Right? Shocker. But there's a really good way around this or at least a way to fast track or shortcut this. And it's to have a good script or sales process. Now, what makes a script good versus bad? Well, a good script is focused around one the client's needs. It asks a lot of questions. It's. And also it hits on the pain points that you gather in the information gathering stage later on in the sale. Somebody who has a great script is actually a friend of mine named Peter Roberts. And I want to give you guys an example. I was sitting in my car with him a couple weeks back. We just got an ice cream. I wanted him to be able to flex his sales skills. So I asked him to sell me a bottle of water. Right? So we just had this ice cream and for the first three minutes of the sales process, he's just asking me questions like, yeah, I mean, your mouth probably feels pretty dry after eating all that ice cream. I mean, would you say that cold bottle of water would probably help that and just ask me all these different questions that are basically leading up like a stair step to ultimately close me on a bottle of water, which if he was selling it, I would have bought because he absolutely just destroyed it. And so again, a good script focuses on asking questions and gathering information and then tying that back in later in the sales process to hammer in on those pain points, ultimately encourage the client to buy. Number four is to build a pipeline. I'm telling you, I lose a brain cell every single time that an insurance agent tells me that they throw away a lead if they don't sell it. That is by far one of the dumbest things that I've ever heard. Because a lead is gold, right? You're buying data whenever you're buying leads. And so a smart insurance agent saves that and continues to market to them over time. Right? You have advanced agent CRM. You can just plug in all of your leads and will drip on them with emails and text over time and eventually warming them up to where they're ready to buy. I mean, think about it if I want to buy a car and I go to the car dealership and I don't buy that day, I'm still going to buy a car. I might just buy it one month from now, three months from now, six months from now, a year from now. And if they are top of mind and continuing to message me, email me, call me, probably going to buy a car from them. Your leads are exactly the same. So build a pipeline. All right, so let's break down the exact numbers that you need to write. $1,000 per day in annual premium. All right, so let's say that you have an 8% closing rate, right? And your average policy is 750 bucks. If you work backwards, you're going to need roughly 17 leads per day, right? If you're getting in your leads for an average of five bucks a pop, which is pretty standard, if you're generating your own leads, you're going to have a budget of about $85 a day to write $1,000 in annual premium. Now again, the cool part about this is your leads will stack up over time as you're building your pipeline and ultimately you'll be able to go back and sell leads that you hadn't sold before. And so that 17 leads per day will ultimately end up growing and growing and growing as you build your reservoir. Alright, so let's look at somebody who is actually doing this case study. Number one is going to be a fan favorite, Johnny. So Johnny is currently averaging between 1500-2000 dollars per day of final expense premium. And actually one time we did a video about it earlier. Card right up there if you guys want to watch it where Johnny wrote $15,000 in one day off of only $150 with the bat spend. So I asked Johnny, what are the five things that you would say are most critical to you? Writing over a thousand dol annual premium per day. And here is what he told me. Number one, constant and consistent activity translated calling a lot. Number two, lots of leads. More leads than time. Number three, he said a skill to sell which basically just comes with working a lot and doing those reps and practicing. Number four, he said were automations. And this is a big thing with using a CRM. Johnny actually uses advanced agent CRM if you're interested in getting a 14 day free trial, link down below in the description. And number five is speed to lead. What that means is calling the lead as soon as it comes in. He gets the notification on his phone, he picks up his phone and calls the lead that Simple. Now let's look at somebody else. Number two is going to be Dan Levengood. Now, Dan sells final expense face to face in Akron, Ohio. He only does it part time, but when he does work, he's averaging $1,275.56 in annual premium. Dan knows his numbers. So Dan's process is this. Once a lead comes in, he actually has a dialer, a caller that will go and call through all of his leads. His D, Tyler will try to set appointments. Whoever she's able to set appointments on, he will add into his calendar. And whoever he doesn't, those leads as well as all the leads that have an auto book will be thrown into automations to have text and emails sent to them over time to warm them up and eventually go out and sell them. Dan also does door knocking. So anybody that doesn't set an appointment will get thrown into the door knocking list. I also asked Dan for his five keys to success and this is what they were. Number one was the commitment to the process. Number two was willingness to invest in himself and his business. Number three was resolving every lead. He said a big part of this was door knocking. He wanted to make sure that he could get either a yes or a no from every single lead so that he could put a disposition on it. Number four, which I personally would 100% agree with, is having strong underwriting skills. And number five was his low pressure sales approach. Right. This is being more of a consultant than a salesperson. Goes back to what we were talking about earlier with asking questions in your sales process. All right, and the third case study we're going to look at is Alexander Vokoda. He is writing $1,200 per day on average in final expense premium over the phone. Last week at the time of recording this video, he wrote over $10,000 in premium all over the phone. And this past week he wrote just shy of $6,000 in premium. Now, Alexander's five keys to success were number one, getting to leads as soon as possible, aka speed to lead. Number two was consistently moving leads through his pipeline. Number three was making prospects feel like he was the perfect person to be solving their problem. Now again, this leans back more into asking questions, finding the need and then becoming the person that can fill that need. Number four was digging away at their why. Right. Going back to asking questions again guys. And number five, Alexander said that his fifth key to success was not asking open ended questions. Now let me explain. What he means is that he typically will ask a yes or a no. Question so that he can retain control of the conversation. Right? If you ask somebody an open ended question, they might start explaining themselves out of buying insurance. They might convince themselves otherwise. If you ask a yes or no question, you're able to retain control and lead them down the sales process to ultimately end up buying a policy. So if you guys want to achieve these same results and work with our team to get the same setup that Alex, Dan and Johnny all got, all you need to do to get more Information is text AP ANNUAL PREMIUM to 336-715-5444. That's 336-715-5444. Just text the two letters AP for annual premium and you will reach back out you so that's going to wrap up our video. The $1,000 per day AP strategy if you guys got value from this video, click the like button down below. Leave a comment letting us know what you want to see next and hit that subscribe button. I have a great video for you that's going to pop up here on the end screen. So if you guys want even more value like you just got in this video, be sure to watch the next one. I'll see you guys soon. Peace.
Sam.










