A much needed tool in your arsenal for success
Rating: 9 out of 10
IncentivizedUse Cases and Deployment Scope
We primarily use Life Design Analysis for whole life comparisons for high net worth clients. It enables us to show values of the death benefit, cash values, and the premium over time. There is so much you can do with this software but the visualization of the data is what grabs a client's attention and allows them to get the picture in a much more eye-catching and appealing way versus a sheet full of numbers.
Pros
- Comparisons
- Quotes
- Needs Analysis
- Policy notifications for updates, renewals, anniversary dates
- Online client presentations
- In Force policy automation
- Lead Generation
Cons
- It can be pricey for a start up to get access to all the features, however the payback is worth it.
- Learning curve - As with any new software, there is a learning curve but training is available.
- So many features - make sure you take the time to find out all the features available and how to use them.
Likelihood to Recommend
We recently showed a "potential client" who is now a client a comparison of an insurance product he was sold to a strategy we would have recommended and they were blown away at the difference. So much so, they cancelled the current product and went with our recommendation. The presentations are very powerful.