Legacy Planning Checklist for Advisors & Insurance Agents

Legacy planning checklist

We recently discussed how COVID -19 has shifted focus toward legacy planning ventures for many individuals. From business owners to families, people have started taking estate planning much more seriously. We made a checklist for individuals [h1] that included the number of actionable tips to enact as soon as possible, and we are going to do the same here for insurance agents.

So, without further delays, here is a checklist that you should keep with you when helping any client with their legacy and financial planning ventures.

A Checklist for Insurance Advisors for Legacy Planning

Step 1.              Explain the Difference Between Estate & Legacy Planning

Address the needs of your clients by discussing both options with them before you embark on the long journey ahead. This is where you start building trust.

Step 2.              Consider Client’s Vision for Their Family’s Future

Discuss the following to get a better understanding of what exactly they are looking to accomplish.

  1. What do they want to pass down to their children/grandchildren
  2. Any short, medium and long term goals
  3. Whether the current financial position of the client is sufficient to meet said goals
  4. Consider any unique circumstances such as disabilities, multiple marriages, liabilities and more
  5. Whether the heirs are of sound mind and of age

Step 3.              Gather Client’s Documents

Once the vision is clear, it is time to start implementing it. Start collecting documents necessary for smooth transition after the client’s death. This can include numerous documents, some of which include:

  1. Wills,
  2. Trusts,
  3. List of beneficiaries,
  4. Certificates (including birth certificate),
  5. Retirement plan information,
  6. Deeds,
  7. Tax information, and more.

Step 4.              Discuss Who Gets the Power of Attorney

Ask your client who they trust with your legacy as a whole and would be responsible for making decisions about your legacy. This will include:

  1. Assigning financial power of attorney
  2. Creating a living will
  3. Long-term care insurance and beneficiaries
  4. Healthcare power of attorney and more

Step 5.              Create a Succession Plan for the Client

Next, discuss who will take over the client’s business and ask for any specific instructions to be followed. Two main considerations here include:

  1. Who will take your place in the business
  2. Who will take your place in the business
  3. Who will take your place in the business

Step 6.              Take Inventory

In this step, you will have to create a list of all the assets your client has – not just physical, but digital as well. Create a schedule to update the collected documents, inventory and legacy plan as a whole.

Step 7.              Store Documents & the “Legacy Plan” Safely

Once you have all the necessary documents collected, it is time to store them safely for the client and their family to find. There are digital vaults that you can store such information in and give access only to the clients themselves, and their family after the client has passed.

Legacy Armour can help you here with our secure vaults designed specifically to protect legacies until the time comes. If you would like to learn more about how we can help you create bullet-proof legacies, get in touch with us at 844-875-3422 or email us at info@legacyarmour.com.

Cryptocurrency Insurance Coverage – Can I Rely on My Insurance Provider to Protect Me?

Litecoin, Bitcoin, and Ethereum

Cryptocurrency and bitcoin security has always been a fickle thing in terms of insurance. With more than 7% of Americans owning cryptocurrency, the demand for this relatively secure asset is still on the rise. As the global interest in cryptocurrency increases, governments are also looking at the asset closely now.

Kimmelman v. Wayne Insurance Group is a prime example of what we just discussed.

The asset has also found its way into many a financial and legacy planning discussions as people continue to consider it a viable option for their investment portfolio.

However, the question remains; can you rely on your insurance agents to protect you or your family in case of unexpected loss of cryptocurrency?

Answer to this lies in the case we mentioned above. To put it simply, it depends on whether your cryptocurrency is held in the capacity of property or money.

Bitcoin Security From Insurance Agencies

In the case above, Kimmelman sought coverage for his bitcoin portfolio that amounted to roughly $16,000, which was recently stolen.

The insurer’s policy claimed that they cover “personal property owned or used by an insured anywhere in the world.”Furthermore, the liability would be limited to $200 on money, bank notes, gold, silver, value cards and more according to the same document.

Insurance agent’s investigators concluded that the bitcoin was money, and therefore a compensation of only $200 was sanctioned.

Soon after, the two found themselves in court, one claiming that it was money and the other simply claiming compensation. The Ohio state court determined that the insurer would make the insured whole since virtual currency was not considered money, but property.

This was solely based on IRS Notice 2014-21 which treated cryptocurrency as property for tax purposes, not money. From then onwards, any unexpected loss on ‘virtual currency’ – including bitcoin – is considered to be a loss of property.

Cryptocurrency Finding Its Way Into Legacy Planning

The rise of virtual currency began in 2015 and gradually found its way to where it is now, the peak point being in 2017. Although the currency’s value keeps fluctuating every now and then, people who purchased the currency back when it was cheap have gained immensely from it.

So, it’s natural for them to want to pass it on to their loved ones after their death. We have had many clients who are including cryptocurrency in legacy planning with a prime focus on bitcoin security.

Armour Legacy offers you a safe place to get a will made and store information about how to access your assets after you’ve passed on. Our vaults are secure and flexible, meaning you can give access to people you trust, be it family, your health executives, financial advisors and more.

The idea is to make sure your family doesn’t have to go through any sort of hassle after you pass on and get what you want them to have seamlessly! Let us help you understand how this works in more detail. Write to us and we’ll call you right back!

Legacy Planning & Life Insurance – How Well Do They Sit Together?

Life Insurance & Legacy Planning

Taking the current financial situation into account, there is no telling when your investment portfolio may improve or face a downfall similar to that of the 2008 recession. Today, when it comes to legacy and financial planning, wealth preservation is at the top of any financial advisor’s list, telling clients to manage their assets and ‘brace for impact’.

The current volatility faced by the economy has changed how insurance policies work, bringing legacy planning and life insurance much closer to each other. Transferring wealth to the next generation has become simple and complicated at the same time.

Do Legacy Planning & Life Insurance Actually Go Together?

If you asked a financial advisor about life insurance and business succession planning, most would have told you, about a year ago, that legacy planning is a way to transfer funds and your business to your family. Life insurance, on the other hand, would be defined as a way of securing your financial obligations or family’s income.

However, today, they are both considered very closely since life insurance is also a legacy and the whole idea behind legacy planning is to leave behind something for your family after you’re gone. This is what we call “Legacy Protection.

Life Insurance

When considering family legacy protection plans, you can use your funds from a 401(k) account or IRA to fulfill your life insurance policies just as well, not just for your own children, but also your grandchildren, thus providing financial security to even more lives.

While you or your parents might be receiving Social Security, you might be well aware of the uncertainty that revolves around the prospect. Our younger generations may not be as lucky if they decide to half or all-out finish the social security system. Pension options are also being taken away by most employers nowadays in attempts to tackle the COVID-19 economic downfall.

Legacy Planning

People who usually include their whole investment portfolio in their wills or trusts often forget about the insurance policies they buy. You as a family man shouldn’t have to worry about it, since this is an insurance agent’s responsibility. A good insurance agent or financial advisor will regularly remind you about the face value of your investment portfolio and the benefits offered by your insurance plan.

The idea is that once you pass away, your family should be aware of the funds to claim and how. Legacy planning is what comes to the rescue here. From life insurance to business succession plans, trusts and more, everything is listed in your legacy plan.

Legacy Armor to Help You Make Things Easier

Paper wills and legacy plans have a way of either being mismanaged or ‘forgotten’ about. The world has seen a rather drastic shift and reliance on the internet due to the COVID-19 lockdowns and the insurance sector is no different.

For that, we offer an online portal where you can manage your legacy and access it anywhere, anytime. The idea is to help you take your legacy mobile and explain to people close to you – your family – what they should be looking for and where. To learn more about it, we urge you to get in touch with one of our insurance agents today!

Recession-Proofing Your Insurance Agency – Legacy Protection for the Protectors

Photo of a DOW J index in a bearish economy

With the COVID-19 pandemic not seeming to end anytime soon and its effects seeming to have an impact even long after the economy restarts, recession seems to be a shiny sword of uncertainty hanging on everyone’s head. From a simple family-man all the way to insurance agencies, legacy protection and recession-proofing is something that can set you on the right track.

Here, we shall discuss how insurance agencies can safeguard themselves from a recession in the economy, whether it’s coming or not. Better safe than sorry, right?

Recession-Proofing Insurance Agencies – A Financial Advisor’s View

Diversify Your Investment Portfolio – Preparing for the Worst & Making Good Better

What do insurance companies do very well? What would you say that you as an insurance agent have that no one else can beat you at?

Analyzing risk and taking preemptive action.

And that is exactly what comes into play when investing; analyzing the stock market for risks and taking action accordingly. Or the company as a whole could also invest and earn dividends. The key idea here is to broaden your line-up and not put all your eggs in one basket. And that means not relying on yourself completely as well.

Look at Your Cash Flow Under a Microscope

As an insurance agency, just pick up your cashflow statement, or even the income statement for that matter, and you’ll see the myriad of expenses you make as a company. Some of those expenses you might not even understand unless you’re an accountant.

We’re not asking that you start studying up on them; just that you know where they originate from and make financial scenarios for such expenses. These might be running expenses, but you should have a plan for how you’ll reduce them if recession hits; or is about to.

The most recent example of this was how insurance agencies had to take their businesses online due to the lockdowns. You can also make contingencies for what you’ll do in case you have to tackle numerous claims at once, closing up shop for a while, or more.

Ideal Clients & Their Road Through the Recession

Keeping tabs on your revenue stream and making sure they stay afloat is one of the most important steps you can take when recession-proofing your insurance agency. Easiest and most lucrative way of doing so is by differentiating between regular clients, high-paying clients and riskier clients.

Here is a table to help you understand this point better:

Client TypePriority
High-paying, less-claiming clientsAverage
High-paying, high-claiming clientsHigh
Low-paying, high-claiming clientsLow
Low-paying, low-claiming clientsVery low

Remember, this chart is only for emergencies, not during the normal course of business.

Spreading the Word Without Marketing Expenditure

Word of mouth is a powerful marketing tool; not just because it’s free or brings you new customers ready to convert, but also because it pushes you to give the best possible service to every client. This way, you not only reduce inefficiencies in your workflow, but also generate a new revenue stream for yourself that remains strong long after other avenues have failed; such as when in recession.

Getting ready for what’s next might be more challenging than it may seem; even for the most veteran insurance agents out there. If you’re looking to protect your legacy, either by formulating a well-thought-out legacy plan or by recession-proofing your insurance agency, Legacy Armour can help you take the right steps at the right time. Contact us today via call or mail to learn more. 

Coronavirus & Estate Uncertainty – Effects on Legacy Planning & Impending Future Prospects

Future prospects of the industry

There has been a 143% week-on-week increase in the number of wills since the lockdown started, a figure that is predicted to go up to 220% soon. Before 2019, people believed that legacy planning and creating a will was only for the rich; but that trend is changing. It is now understood that anyone wanting to secure their assets and protect their family needs to have a will.

The lockdowns have resulted in heavy reliance on the internet, taking even estate planning online; something for which presence of all parties was crucial. These impacts might seem to be short-lived, or perhaps until the COVID-19 lockdowns remain, but there are chances that they might also stick around, impacting the future of the insurance industry altogether.

From financial planning to business succession and legacy planning, everything might find itself online.

Potential Future Impacts on Legacy Planning

Insurance companies that already had online systems in place faced a certain setback when they upgraded their systems, since the transition took a little while not only to get implemented but also to get used to.

However, this small setback at the time was well worth it, as those who had optimized their online infrastructure fared much better once the lockdowns began, reaping the rewards of a less-competed market. To add fuel to the fire, the market wasn’t just less-competed,but also more demanding than ever!

At the start, the market saw almost a 40% increase in demand immediately. As insurance companies took on more and more clients, the demand only increased. Financial advisors played a major role in this as well, as they asked clients with a diverse investment portfolio to create wills.

This was followed by the drops in share prices, even of shares belonging to market leaders. Case in point; Vermillion Energy Inc. (NYSE:VET).

Legacy Planning And Force Majeure – How Insurance Claims Are Being Treated During COVID-19

Force majeure means “superior force,” and is a major part of many a contract. It includes a set of events that are out of either party’s control, such as war, acts of terrorism, natural disasters, epidemics, or restraints set forth my governing authorities that may result in a claimable loss.

In the case of COVID-19, force majeure is applicable wherever government restrictions (the lockdowns) are preventing, restricting or delaying performance of any clause included within the will.

However, if the clause isn’t included in the will itself, force majeure isn’t applicable. You should advise your clients about any force majeure clauses before letting them sign a contract.

It is important to note that most insurance companies are including the clause within their contracts because of the COVID-19 situation.

The Change in Estate Planning: Helping Clients Protect Their Family & Businesses

legacy planning, insurance, financial planning, protect family, business succession planning, insurance agent, financial advisor, investment portfolio

It is no secret that people yearn to make lives for their children and spouses easier after they’re gone. While wills are a great way of doing that, clients are shifting towards trusts as well now, seeing as how it can be the perfect way to support them financially.

A trust is like a gift from the person who passed away to those they left behind, as it takes effect immediately. It is in an intended beneficiary’s name, reducing the amount of paperwork and procedures that one needs to go through.

Furthermore, trusts can also reduce the estate tax implications and isn’t subject to challenges in probate courts as wills are, further reducing the hassle for whomever the trust is founded. Recommending a trust to your clients can go a long way towards furthering their legacy planning ventures.

However, trusts and wills are entirely different things; so make sure you have the requisite knowledge before recommending it.

As the insurance industry goes into a ‘digital’ state, there is a certain uncertainty revolving the matter of estates. Existing clients are getting antsier and new ones are also equally troubled. We recommend using online tools for now, as there are chances (because of the reduced operating costs they offer) that they are going to stick around even after the lockdown.

Legacy Armour offers a tool for insurance agents to make the most out of this online shift in the industry, offering a streamlined way of handling clients and their real estate planning. Get in touch today to learn more!

How COVID-19 Affects My Legacy Planning – Should I Revisit My Will?

Making an informed decision about your will

The COVID-19 pandemic has had deep impacts on every element of our daily lives – our insurance policies and legacy planning being no exception. Many people, be it businessmen or families, have been forced to consider ‘what ifs’ that were previously a non-issue.

As estate planning sees a surge in interest rates, words like family protection and business succession planning are being thrown around judiciously by financial advisors and insurance agents. But a question arises; is this just people being people or are these concerns actually well-founded? Should I really revisit my will?

Here, we shall explain the effects of COVID-19 on legacy planning and try to present the situation as is to help you make an informed decision.

Should I Revisit My Legacy Planning – Getting Down to Brass Tacks

A straightforward answer is “yes.” However, it’s slightly more complicated than just saying that.

Insurance companies across the globe are looking for governments and regulatory bodies for aid in these trying times, but haven’t imposed any extra costs or expenses to your estate or its planning yet. However, the “all-online” structure that the pandemic is promoting might mean that it would be smart to update your will, even if you have a solid will in place.

This might include taking it online. There are chances that the SOPs set in place during the lockdown might stick around even after the pandemic is over.

Effects of COVID-19 on Wills

As of the time of writing this, the standard rules of insurance claims in the case of someone passing away will be applicable. If you don’t have a will, an administrator will be assigned to your estate and who it is passed on to, including business succession.

However, having a will that reflects your wishes will mean that, although the process might be slightly slower, it will be the same. Since face-to-face interactions are very limited, liquidating the estate might be more hectic than normal.

It is important to note here that while nothing in terms of wills has changed, the overall value of the assets you have left for your family’s protection might not be the same. This is especially true if you wish to transfer shares to your children or spouse.

This presents an ‘unfairness’ issue, that while some might inherit more, others might end up getting less. One would think that this problem would go away once the COVID-19 situation has reverted. However, several companies are facing bankruptcy right now or are about to, which would end up rendering those shares or even your whole investment portfolio useless.

Challenges Presented by COVID-19 When It Comes to Preparing New Wills

Since the presence of lawyers, insurance agents and you yourself (depending on the situation) is necessary for the preparation of a will, the social distancing aspect has halted this process almost completely.

While governments have been called upon for a remediation of this issue, the problem is that allowing either party to not be present during the signing of the will may present a significant risk of fraud. Yet, this has resulted in the Executive Order 2020-14.

This legislation dictates that documents such as Wills, Powers of Attorney and Appointments of Enduring Guardian can be witnessed and notarized online until the pandemic ensues. Following are some requirements to keep in mind:

  • The audio-video connection must not be interrupted at any time. Both parties must be able to properly see, hear and communicate.
  • The call should be recorded and saved for up to 3 years after it takes place.
  • Signatory must state and agree to the name of the document being signed on the call.
  • Each page signed or initialed must be presented clearly on the video so as to be legible.
  • The signing act must be captured on video.
  • A legible copy signed document in its entirety should be sent to witness(es) no later than one day after signing.

The notarization should include at least:

  • Signature of the notary, their seal, title, commission and expiry.
  • Any information required by law in regards to the date and place of the notarization process.
  • Conform to the Notary Public Act of the state.
  • There must be a clear indication of the fact that the signing and acknowledgement was done remotely.

Legacy Armour in Times of COVID-19

As a rough timeline comes into view about when all of this will be over (year-end or early 2021, based on the progress of COVID-19 vaccine), the curve is starting to rise. This means that the insurance sector as a whole has a while before it recovers from the state this pandemic has put it in.

However, Legacy Armour continues to operate online and offers quick, easy solutions to your legacy and estate planning worries. From online meetings to signing and will delivery, everything is done in a manner so as to minimize the spread of COVID-19.

Furthermore, with Legacy Armour’s vaults and planning templates, your will is not only more secure and thorough but also more accessible to your family to provide you with peace of mind when it comes to family protection or business succession planning. For assistance or more on the subject, we recommend you get in touch today via call or email!

Things to Consider When Choosing an Insurtech Technology

A man

The entry of insurance technology in the insurance value chain has come with a lot of benefits for all stakeholders involved. For insurance companies, embracing insurtech is the right way to satisfy the expectations of their clients. If you haven’t integrated digital tools in your business, here’s your time to do so. In this article, we’ll have a quick look at the things that you must consider when choosing  insurtech technology for your business.

Things to Consider When Choosing an Insurtech Technology

1. Human Capital

Implementing digital tools to grow your business seems like an easy task, but it, too, comes with a lot of challenges. Also, your employees who have the habit of doing things the traditional way will also have a hard time making use of digital tools. Keeping this in mind, it is crucial that you invest in human intellectual capital. This means that you should hire people who are tech wizards and who can help you implement the newly bought tools in a better manner.

2. AI

AI in insurance companies has been revolutionary and has made almost every step a lot more efficient. When you are choosing insurtech technology to grow your business and help people carry out their legacy planning in a better way, you should go with the tool that uses AI and machine learning to provide specialized functions.

3. Blockchains

The reason for your transition to digitization may relate to the cost of operating your business. The blockchain technology will help insurers handle payments securely. It also ensures that all of the information shared with the insurance company is fraud-protected and is easy to verify. The feature will also benefit reinsurers who wouldn’t have to go through lengthy processes to verify their insurance history, etc. The time and cost saved through the technology will help you get other things done.

4. Cybersecurity

When embracing technology, insurance companies should be mindful of the challenges that come with them. Since people will be sharing a lot of confidential information over the internet, it is the prime responsibility of the insurance companies to take steps to ensure data security.

5. Using the Mobile Channel

The number of mobile users has been increasing at a fast pace. Many people have stopped using desktop computers and now use their mobile phones to access the internet and other applications. When you consider using digital tools to grow your business, make sure that whatever platform you create is easily accessible through a mobile phone. This will help you reach more customers.

The Final Word

The importance of insurance companies cannot be denied. Given the volatile economic situation in the country, it is crucial that every person thinks about securing their assets. It is also the responsibility of insurance companies to offer premium functions and tools to clients that help them secure their assets in a better and effective way. The digital revolution means that companies should be paying attention to choosing insurtech technology to support their business growth. This article will help companies identify the factors that they have to look into when they are transitioning.

Why Should You Embrace Insurtech for Estate Planning?

Estate planning

You are the sole breadwinner of your family and running your household with your regular income. You are working hard to keep your family happy and satisfied. Have you ever considered what would happen to your happy family in case of your unexpected death or your life-long disability? Have you thought about legacy planning at all?

This is a question that haunts almost all heads of the families. If you are concerned about what would happen to your family after you’re gone, your focus should be on after-death planning. With the help of the digital expertise of insurtechs, estate planning or legacy planning has become quite easy. LegacyArmour is one of the most renowned legacy planning platforms that makes sure that your beneficiaries receive wills, your bank account information, etc., after you have passed away. Here’s how LegacyArmour, which uses this new technology of fintech for legacy planning, can help you with your financial planning:

1.   Secured Information

LegacyArmour uses the same end-to-end encryption standards used by the US government to secure top-secret documents. This means that only intended recipient(s) can viewed the data you entered on the site. Once you have made your account on the portal, you can safely upload important files and wills on the site and enter the information of the designated recipient(s).

2. Increased Scalability

Life is unpredictable and complex. Every other day, you have to face new challenges. These challenges are what often make you bring changes to your insurance plans. It could be a new policy that you are considering buying or any other related stuff. With the help of the LegacyArmour platform, you can make the changes quickly. The platform will convey any changes you make to existing vaults to your account manager in a timely manner.

3. Strategic Data Usage

Through the use of this platform, you can determine the time and date when your beneficiaries will be able to have access to your valuable assets. When creating vaults on the portal, you need to fill in the information regarding when the vault should be delivered and to whom.

When it comes to the time of delivery, you have two options. You can either set a date of delivery (for example, you can set that the vault is delivered to your child on their 18th birthday, etc.) or specify the delivery of your vaults upon your death/incapacitation. For the latter, you will have to define a contact method and contact frequency. For example, you can ask for weekly text notifications. In case of no response, your vault will be delivered to your designated recipient(s).       

The Final Word

Every year, millions of dollars in insurance benefits, dormant accounts, social security, etc., go unclaimed because their beneficiaries have no idea that they existed. Even though lawful beneficiaries can claim these assets, they will have to pay hefty attorney fees to file a claim and prove that they are the designated owner of the assets left behind. It is, therefore, advisable to pay attention to after-death planning as early as possible.

How Insurance Agents Can Integrate Digital and Offline Marketing

Insurance marketing

In the current digital age, having an online presence is crucial to all organizations. The advent of insurtech in the insurance industry has helped many organizations scale their operations and grow their customer base. Therefore, insurance digital marketing is a great way to take your business to the next level.

These days, people spend most of their time online. In fact, before they reach out to any business, they tend to read about it online. In this article, we take a look at how you, as an insurance agent, can combine the traditional methods of marketing with digital marketing to increase your revenue flow.

How to Combine Digital And Offline Marketing Strategies

For insurance companies, increasing sales revenue has always been a challenge. Not every sales strategy can lead you to the right customers. This is why it is important to exhaust all available options to maximize your sales.

1. Combine Social Media with Live Events

If used properly, social media can turn out to be a great marketing tool for your business. Its different features allow an organization to have a real-time connection with their clients or prospects. Combining social media with your live events is a powerful strategy that will help you build strong relations with your clients. For the optimum use of social media, here’s what you should do:

  • Create an event, a page, or a post on popular social networking sites, such as Facebook and Twitter and provide all the relevant details about the event. Don’t forget to include a link for event registration in the post.
  • During the event, encourage the participants to share their experiences on social media using a hashtag.
  • Once the event is over, share the event pictures on your social media profiles and tag the people who were present there. This is a simple but effective strategy to reach out to a large number of people.

2. Relationship Marketing

Spamming a client’s inbox with promotional messages will not get you any response. On the other hand, relationship marketing is a more effective method to build a connection with your clients. Using the information logged by your clients, you can send personalized messages such as holiday and birthday greetings to your clients. Loyal clients, with whom you have established a strong relationship, will not only be willing to work with you in the future, but they are also more likely to refer you to their friends and family. This way, you can increase your client base through your existing clients.

3. Digital Campaigns and Referrals

Many people hesitate while asking for referrals from their clients. To overcome this hesitation, the best way is to use digital tools to ask for referrals. Here’s how you can do it:

  • Create high-quality digital content and share it on your profile to reach out to your existing audience. Your audience is likely to share meaningful and valuable content that talks about financial planning, legacy planning, etc., shared by you.
  • This act of sharing is an endorsement, making your client’s family and friends reach out to you.

To reach out to more people, you can use the feature of social sharing for sales. For this, you must share a credible article from a reliable site. For example, if you are selling health insurance policies, you can share an article such as, ‘5 Best Foods for a Healthy Heart’. When your target clients click on your share, the article will appear on the left while on the right hand side of the page, your prospects will see the call-to-action or CTA. The CTA is designed to convince online visitors to reach out to you and learn more about your services.

The Final Word

By following the online and offline marketing tips mentioned above, you can reach out to more prospects and take your business to greater heights.  

3 Reasons Why Customers Should Buy Products from You!

LegacyArmour Advisor Dashbaord

Insurance can be a complicated purchase. Clients are buying a promise of protection that could potentially make or break their financial well-being which can be stressful. How do they know that you’re the right choice as their agent? Are they getting the best value for their money? 

Here are three reasons you can tell your clients why they should buy from YOU, their trusted long term advisor!

Legacy Planning
Reason 1: You Are Their Personal Advisor

You take the time to listen to your client and understand their individual needs. They know it’s not just about finding a price they can afford; it’s also about making certain they are appropriately covered. You provide them with tools to ensure protection is for ALL of their assets, and  LegacyArmour is the premier protection tool.


Reason 2: You Are Their Advocate

If they have a billing or claim concern, or they need to change coverage, you can be their advocate, working with the insurance company on their behalf. With LegacyArmour, your brand & contact information is right in front of them and they can contact you easily using the  Contact Advisor  Button.


Reason 3: You are their one-stop consultant for a lifetime

With your diversified portfolio, you meet all of your clients’ insurance needs with the companies you represent, providing auto, home, renter’s, life and health insurance as well. Now you can offer LegacyArmour  with additional benefits such as access to your own insurance widget, protection of their financial accounts, an emergency health card, and access to estate planning templates!


Get LegacyArmour for your clients today! Give them the gift of added peace of mind and let us do the rest! Our service ensures that if something happens, we are responsive, and their loved ones will have access to everything they chose to protect.

You are compelling, distinguished from all competition, and most of all, you care! Find more about us here,  or connect with our partner for more information!