MDRT Thanks Russell Collins for Participation at Annual Meeting ConneXion Zone
MDRT Thanks Russell Collins for Participation at Annual Meeting ConneXion Zone
Russell presenting on the Main Platform at the MDRT Annual Conference in Vancouver, June 2016.
Russell Collins presents at the MDRT Annual conference in Vancouver
Riskinfo Awards – Best Initiatives in 2015
Riskinfo has reflected on the three best initiatives in 2015 that have advanced, or have sought to advance, the value of Australia’s life insurance industry for the benefit of consumers and advisers.
The Collins Phillips Award
The Inaugural Zurich “Collins Phillips Award” was presented to Ross Vanderwolf at the Anzac night event in New Orleans.
Russell Collins receives Order of Australia Medal
Mr Collins, principal of Risk Insurance Communication Skills, has received the award for his service to business and in particular the financial advice industry.
Selling Insurance – a Rose by Any Other Name
Commencing in the 1970’s, and maturing throughout the 1980’s and 1990’s, many advisers who adopted the mantle of ‘financial planner’, wanted to generate a different image in the eyes of their clients than that held by many consumers who saw them as purely sales-driven operators.
Selling Disability Insurance to Single People
I believe the most powerful question you can ask in the first meeting with a single person is ‘What would you regard as your most valuable asset? ‘It is important that you ask this question in the context of discussing their assets/liabilities.
The Estate Funnel
With business owners, when discussing the area of estate planning, I asked two specific questions: Will your heirs inherit a gross estate or a net estate? AND “If you had died yesterday, what amount of shrinkage would your estate have suffered?
Selling Life Insurance to Single People
From my experience, the single person is generally oblivious to the need for owning life insurance and consider themselves “bullet-proof” so far as long-term disability is concerned.
The Strategy Paper
Sadly, from my experience, a negative side-effect of our compliance regime is the inability of many Financial Advisers (FA) to convince people of their need to own much larger and appropriate sums of life insurance.