Saturday, November 24, 2012

Cold Door Prospecting

Hi All,

We today I hit a local nieghborhood and cold door knocked trying to sell life insurance. It's Saturday so a bunch of folks were home.  Made my job easier and got to meet some nice people.

I picked an area known for having lots of children and family oriented. The object was to find a need for term, UL or IUL.

I have one particular prospect that claims to be an occasional cigar smoker, so I will have to figure out how to rate him.  My other prospect looks like a clean deal that should fly through underwritiing quickly. If it does and gets approved commish should be about $650.

Not bad for 2 hours of work!

I am also licensed in property and casualty. I am curious to see how many knocks it takes to get a sale on the P&C side. One agent I heard of average 20 knocks, gives 4 quotes and sells one policy. 20/4/1  Problem for me is I am not contracted to offer P&C products at this time.