A common complaint across the insurance industry is access to meaningful data, especially on policies that have been placed. What a lot of people don't realize though, is that they're already sitting on a treasure trove of information.
Most agents / advisors that I talk to store information on the policy as it is being issued, and then don't do a lot with it afterward. BUT, with this information already on hand, you can proactively manage these policies:
- Premium due dates
- Anniversary dates
- Client birthdates
- Term milestones; conversion end dates or level term end dates
These are just a few examples of how you can manage these policies and interact with clients right away. Plus, add in a system like Proformex to help you update the information each year and proactively alert you for these events and you'll be that much more efficient and that much more effective in protecting client relationships, protecting your reputation, and generating additional revenue.
Because if you're not doing this with your clients, someone else will be!