So you’ve just started your insurance business and you’ve learned how important it is to have insurance leads knocking on your door on a daily basis.  But what are insurance agent leads really?  You’ll be shocked to learn what the real answer is behind the names, phone numbers and email addresses, and mastering this will help you master your business.

Behind every insurance agent lead is a person.  This person has just submitted their personal information to a person or company that they don’t know in order to get more information on insurance policies.  While this may seem mundane and a non-event for an insurance agent, in order to increase your sales rate dramatically, you have to fully appreciate what this means and what an insurance agent lead is not.

• it does not mean that the person is ready to buy insurance
• it does not mean they want you to call
• it does not mean they want a quote
• it does not mean anything other than this:

in order to fill out some information (a direct mail piece, an Internet form, respond to a telemarketer), that the insurance prospect has SOME motivation, which could be anything.

The insurance prospect may in fact want a quote or they may just want to learn more about how insurance works.  They may in fact be thinking of buying or they may just want to get pricing form you to take back to their own agent.  Since you don’t know their motivation, your first order of business is to find out.

The insurance agent lead could be asking for more information because they’re in the middle of some kind of transition in their life.   Unfortunately, insurance prospects don’t think about insurance when they’re perfectly fine and nothing is happening.  They think about their family, hobbies and work, but they don’t think about insurance.

So it’s reasonable to say that when you get an insurance agent lead, this person or family is in a  transition in their life.  Perhaps they just lost their job, or maybe someone close to them in their family just passed away and they’re starting to think about their own mortality or they got divorced.  Maybe they just had a minor break-in and want to add more coverage to their homeowner’s policy to be ready for the major break-in that they think is coming. While these are all reasonable assumptions about the insurance agent lead, the REAL way to find the motivation is simply to ask the prospect rather than assume.

Here’s what your call sounds like to an insurance agent lead: “Mrs. Smith, I just received your name on a card asking about life insurance.  While I am happy to send you information that would me useful to you, may I ask what motivated you to fill out this card?”

We go into depth about this because it’s the key to making the most from every insurance agent lead.  Each one of these insurance prospects has their own fears, worries and concerns – it’s your job to find out what these concerns are by asking questions and finding out exactly what the prospect seeks.

Once you know what the prospect wants, closing the sale is just as simple as offering it to them in a clear and concise manner that they understand, and making them feel comfortable with you and your company. It may seem trivial, but so very few insurance agents do this before they get into talking product. This puts such insurance agents at a huge disadvantage when it comes time to add these people to their client list.

If you approach every insurance agent lead that comes across your desk like they have a problem that you absolutely have to solve and make it your mission to first find out and then solve their problem, not only will you increase your business, your new clients will thank you for all of your help while you close the sale.

Lastly, you have to realize a difference in expectations when it comes to each insurance agent lead depending on how it is generated.  For example, Internet insurance agent leads expect a completely different level of service (i.e. fast response first by email) than mail order leads do, and vice versa.  Keep this in mind the next time you want to call up an Internet lead and have a serious conversation and save the heavy marketing strategies for leads that have sought you out via more “hands-on” means.

I was interviewing a guy who had sold leads for Eloan to mortgage brokers.  He told me he had sold leads for years and had used them himself. “The truth is,” he said, “lead programs never work.”  The producer who needs to buy leads is the guy who can’t figure out how to market for himself.  So he usually has poor communication skills, does not think strategically and will just ruin the lead anyway.”  This guy had a very valid point about insurance lead systems–that if you fail to work the lead properly, the lead is worthless.

Here’s an example from another industry.  Today, say 50 people walk onto the BMW lot in your town.  Of those 50, they ALL have a motivation to be there.  They don’t just happen to be there by chance.  Now it’s possible that ten of them have no credit, no money.  Their motivation is to look at pretty German cars.  The other 40 however do want to buy a car, have credit and are considering a BMW among several other brands.  At the end of the day, the dealership sells 3 cars to these 40 people.  We could say that the dealership, the sales people, failed at communicating with the other 37.  In other words, they “blew the lead.”  Similar, most professionals in financial services blow the lead.  The issue is usually not with the insurance lead system, it’s with the financial advisor not knowing what to say or how to approach someone who has minor interest and turn that into a hot interest and an appointment.

And that’s why this article is about “Insurance Lead Systems.”  Because if you just treat the lead as what you have paid for or cultivated and don’t view it as part of a “system,” you will lose a lot of money. An insurance lead system has several components:

• Insurance lead generation–how is the lead generated (Internet, direct mail, telemarketing), how fresh is it, what is the degree of interest of the prospect, etc
• Pre-approach–most insurance lead systems miss this step altogether.  In the pre-approach, you want to build your credibility BEFORE you contact the insurance lead.  In the insurance lead system we recommend, you send a booklet personalized with your name, photo, credentials, background, etc.  The booklet is totally educational, no sales pitch.  The purpose is to get the insurance prospect positively inclined toward you so that when you do call, they treat you as a professional, not a sales person.
• Approach–what you say in the first 30 seconds of your call.  If you blow this, assume the prospect will hang up within 60 seconds saying “I’m not interested.”  This approach must be very soft, no selling no pushing and must be about the insurance prospect and making friends with them,  e.g. “Hi, Mrs. Smith?  I’m a neighbor of yours here in Toledo and I had to call you about a coincidence where you came to my web site last week…..  Notice that that approach does not start with the stupid way that 99% of all insurance agents would start “Hi Mrs. Smith, this is Bob Jones with the Jones Insurance Agency….”If your insurance lead system does not have a well-scripted approach in the first 30 seconds, don’t call another lead until you get it on paper.
• Call Termination–what is it that you want to happen at the end of the call?  Do you want an appointment?  If so, then you must offer a compelling reason for the prospect to meet with you rather than just offering an appointment.  Here’s the difference.  Do you want:
  a) a steak or do you want
  b) a 60-day dry-aged steak, cooked by the food network steak grilling champion, a steak that is perfectly marbled and the same steak served in the Zagat top ranked steak house in New York,  juicy and tender, melts in your mouth steak?

  When you offer an appointment, does it sound like a) or b) above?  Is it any wonder you don’t get all the appointment you should from your insurance lead system?

• Dripping–of every ten leads, you may never reach half of them because you get their voice mail or the phone just rings.  What dripping system do you have to make the prospect call you?  If you don’t have a series of offers that you deliver by mail or email (such as a direct response insurance newsletter), you’ve already lost half of the value of the insurance lead system.

Hopefully, you now see that an insurance lead system is a lot more than just an insurance lead.  The lead itself is the starting point.  If you fail to have other steps that create a comprehensive insurance lead SYSTEM, don’t waste your time or money.

The answer is yes, you should use an insurance lead service because efficient, productive businesses outsource whatever they can.  When you outsource prospecting, you get to spend more time in appointments where you need to be to make sales.

There are a few very important aspects to running an insurance leads function that many new agents just don’t understand.  In fact, many experienced agents don’t understand these concepts either.  Unfortunately, they are the true secrets of the top producers, so if you have any desire to become a top producer in this industry, you should heed this advice.

In order to get a good feeling for how powerful this idea is, think about how much time you spend on your business.  Do you spend 10 hours a week or 80 hours a week building your business?  Either one is fine, but how much money do you make per week?  Do you make $800 per week or $10,000 per week?  How much do you want to make per week? To meet your goals, you need to be face to face or on the phone with prospects and clients.  Any other activities, like generating leads or prospecting should be delegated or outsourced to an insurance lead service.

Figure out how much money you make per hour and then take your weekly income and divide it by the number of hours you work per week.  This is your current hourly rate that you pay yourself.  Next, figure out how much you want to make per week – this is your goal hourly rate. After you’ve figured out your hourly rates, go back through and list everything you do during the day.  Be very thorough and list every task that you do – it may help to keep a log or journal of every step that you take during the day.   Patience please—we will get to how an insurance lead service makes these numbers look better.

This is where it gets good – go through your day and figure out what tasks you can give to someone else to do for less than your desired hourly rate.  For example, if you can hire an assistant to make your appointment calls or generate your leads for less than what your desired hourly rate will be, then mark that as one of the processes you should outsource.

Are you surprised at how much time you’re wasting on tasks that you could easily send to other people for much less than what you’re paying yourself?  If you’re like most insurance agents, this should be a wake up call for you. It’s very common to fond that your time is worth $300 an hour and you waste a big chunk of it prospecting when you could just pay and insurance lead service $20 per lead for the same prospect you would get on your own.

I can almost guarantee that one, or even most, of the tasks that you listed has to do with generating insurance leads.  It’s always amazing to see how much mundane, monotonous, and just flat out cheap laborious work insurance agents put themselves through to generate leads when they can easily outsource this task by using an insurance lead service.
If you decide to use an insurance lead service, you’ll quickly find that it isn’t very hard to make more money, work less and enjoy life much more than you currently do.

Just be sure you choose your insurance lead service carefully.  There are many services out there that won’t produce very good results and will only take your money and leave you with leads that don’t want to buy your insurance.  Proper due diligence is the key to making this work, so spend some time research the insurance lead service’s policies and their reputation online as recommended.

If you truly want to free yourself from the slavery of Insurance lead generation and reach the income goals you set for yourself, using an insurance lead service is by far one of the best ways go to about it.

It’s a shame that so many insurance agents are clueless about marketing and client acquisition.  In July 2009, 1600 insurance agents did a a Google search on the phrase “insurance agent lead.” What exactly were these agents looking for?  A life lead, a P&C lead, an annuity lead?  Do they have any idea as to their niche, do they have a strategy or are they just fishing around for their next sale?  Unfortunately, the bar is so low to become an insurance agent (take some easy classes and pass a very simple exam), that it has become the second career for truck drivers.  Once the ex-truck driver passes his insurance exam, he now sets out looking for an insurance agent lead, I guess. (by the way–I like truck drivers.  I just think they should drive trucks and not sell insurance).

I don’t want to take anything away from the true insurance professional–those who are clearly financial advisers, have the CHFC or CPCU credential and really add value for their clients.  But some yahoo that may use Yahoo or Google to look for insurance agent lead is no one that should be exposed to the public.

So let’s give our 1600 Internet searchers the benefit of the doubt, assume they are new agents and provide some advice on how to generate insurance leads and grow a business. Depending on how new you are to the business, you may or may not know what an insurance agent lead is.  But even if you’re an industry veteran, you still may not know exactly what this type of lead is.  Even if you think you know, it’s still important to brush up on your knowledge and marketing strategies every now and again.

When you’re first getting started, it’s important to learn how to generate leads or have others do so for you.  Insurance agent leads come from a variety of places such as the Internet, direct mail, direct response TV, telemarketing – also known as cold calling (something you should never do but may want to hire someone to do).  The physical aspect of the lead is a name, address, phone number and email address – and possibly some other optional information – of a person who’s interested in receiving insurance information or a quote.  At the time he is filling out the form, the lead may or may not know exactly what type of insurance or company they need.

An insurance agent lead is a whole lot more than that, however.  To the average, unsuccessful insurance agent, this information is just an address and phone number.  It’s a faceless piece of information that the agent must use to get to their end goal – a sale.  To successful insurance agents, however, it’s a lot more than that.

The person on the other end of that insurance agent lead is someone who has worries, desires, needs and wants.  It can’t be stressed enough how important that is to success in this industry.  When you pick up that phone to talk to this lead, you’re speaking with someone who is potentially very scared or misinformed about insurance in general.  They may have no idea that you’ll be calling, and the reason they filled out the form with their personal information is because he’s going through a transition in his life and have some unknown circumstances that he needs you to help him through. To the experienced agent, this insurance agent lead is also a connection to everyone this prospect knows in the neighborhood, at work, his employer, etc.  In other words, one new client can lead to a whole lot of new business.

For example, many times an insurance agent lead will be calling because someone in the family close to them had just passed away and they’re starting to think about what will happen when they die, whether or not they have enough insurance coverage, and what will happen to their family when it’s their time to go.  Others are calling because they’re starting their own business or were laid off from a job that used to provide insurance and now need to find an alternative solution.

The key to success in this industry is to always keep these considerations in mind when talking to prospects.  Each insurance agent lead is a person and not just a potential sale.  Your job is to find out what this person wants.  What keeps the prospect up at night?  Why is he seeking further coverage (the emotional reason is what you want to know as people buy emotionally)?  It may seem simple, but finding out the answer to these questions, then answering them with a product that you offer is what will take you from being just an insurance agent to becoming an insurance super agent, a true professional. Not only will you make more money in the industry, but your clients will be eternally grateful for you doing it.

When a life insurance sales lead comes in to your office, it’s very easy to feel overwhelmed by what you now have to do to make that lead convert to a sale.  Your emotions are running high, the possibilities start drifting through your head, and you start to think about how you’re going to spend the money before you even close the deal.  This is a big mistake, because there’s a lot of work and some smart thinking to be done before you can count on the sale and, at any time, you can easily derail the sale.

The first thing you should do when you receive a life insurance sales lead is to look over the lead and find out some specific things about the prospect.  Pay the most attention to the lead’s story, if you’re lucky enough to get some of this information.  What’s their situation and why are they looking for life insurance?  You’ll be surprised at some of the reasons why people look for insurance, but this information is the key to closing to the lead.  Try to find out exactly what they’re looking for and offer it to them.

If you can send something to the life insurance sales lead, like an article you wrote, an interview with you from the newspaper, an educational booklet on how to select the right life insurance, this will go a long way to helping you close the sale.  You may have the mistaken idea to avoid sending things.  This is partially correct,. you DO want to send items that b8uild your credibility (not sales literature) so that the lead is more inclined to buy from you.

Once you’ve taken a serious look at the life insurance lead’s situation, you should find out exactly how that lead was generated.  This will tell you a lot about the prospect, and is the key to success with a life insurance sales lead.  While the exact techniques you should use to market to the prospect have been debated for dozens of years, there are a few aspects of talking to a lead that all sales methods have in common.

To begin, you should always focus on the prospect.  They don’t care about whom you are, what awards you’ve won or how you’ve had hundreds of years in the business.  They only care about what’s in it for them.  If you truly did your homework, you should already know exactly what the life insurance sales lead wants out of their life insurance, so closing with them should only be a matter of providing their ideal solution for them.  If you don’t yet have this information, ask them what they want and what they would think of as their ideal insurance solution throughout your consultation. In sales, “to ask is your task.”  Do little telling–let them do the telling.

Another good technique is to try to paint a picture for the prospect of what it will be like for them when they’ll have to use the insurance.  Don’t go overboard, but try to make them see the value they’ll receive if they decide to buy the insurance they’re looking for.  Put them in the situation you’re trying to insure them against and make sure they know that your product is superior to your competitors, without directly putting down your competitor.

Lastly, you must figure out your unique selling point.  Your life insurance sales lead has a choice of thousands of insurance agents, so why should they choose you?  For example, if you are an independent agent, you can stress how you will comparisonshop for them.  If a captive agent, you can stress the multi-billion financial solidity of your firm. This goes way beyond your elevator speech and should truly set you apart from the rest of the crowd.  One example is specialization – by showing that you specialize in dealing with the prospect’s situation, you’ll find that many more people will sign up with you, instead of your competitor.

When an insurance agent first starts out, they’re given the keys to a very successful business.  Unfortunately, most of these same agents don’t know how to drive just yet.  They may be able to get the car out of the driveway, but most times, they either get lost or crash the car into a ditch before they even get close to their destination.

While many agents focus on generating new leads, the best agents focus on closing the ones they currently have.  They also leave lead generation up to the experts by utilizing various forms of insurance lead services.  By doing this, they free up their time, allowing them to focus on the things that will be generating the most money for them.

However, that begs the question – how do the top producers find the right insurance lead services?  How are they able to tell the difference between a company that only makes promises and a company that delivers high quality leads that turn into sales?  There are a few tips that you can use to help you join the elite few that end up becoming solid, six figure a year earners in this highly competitive industry.

The first place you should look when trying to find reputable insurance lead services is online.  A quick Internet search will reveal thousands of these services, all of which are trying to get your business.  Search on “insurance leads” and you will quickly be inundated with results of insurance lead services. Start at the top of the list and take a look at every one of these businesses.  They’ll all have their positive and negative points, so be sure you look for both in every company.  The best way to keep track of them is to create a spreadsheet and track all of your research for each company.  Additionally, it may help to keep a record of any correspondence you may have with these insurance lead companies.  Whether you send an email or make a phone call, log the contact and list your opinion of how it went.

While you’re online, make a stop at your favorite insurance agent’s forum and ask others where they’ve found good insurance lead services that have produced good leads for them.  You’ll be surprised at how helpful some people are online, particularly considering they may be viewed as your competition.  When you’re there, be sure to ask why they are or are not recommending certain companies.  This will give you a good feel for what to look for in other companies when you’re trying to find one for you.

Offline, you can go to insurance sales conferences and events, where you’ll find dozens of insurance lead services vying for your business.  This can also be a good source for networking, as there’s nothing better than meeting the sales people from another company face to face.  Try to analyze what they’re doing well and draw from these lessons to improve your own business.   You should also ask the insurance carriers you do business with as well as FMOs, IMOs and wholesalers.  Given that these entities have contacts with thousands of agents, ask them which insurance lead services have the best reputation.

Finding good, quality insurance agents leads can sometimes feel like a search for the holy grail.  But while they may be hard to find, a source of good life insurance leads will easily spell eternal life for an insurance agent’s business.  The following are some tricks of the trade that have helped hundreds of insurance agents to find the quality lead sources they need.

First, there are many Field Marketing Organizations (FMOs) that act as  distributors for the life, annuity and other insurance products you sell.  In some cases, they will supply insurance agents leads in return for doing business through them (they collect an override form the carrier).  Investigate the source of these leads as if you were paying for them (you are in the form of commissions).  Find out how these leads are generated, how old they are and what criteria they meet. If you wouldn’t pay for these insurance agents leads, then they are worth no more because you get them free.

If you’ll be paying, the best place to find insurance agents leads is by looking online because of the freshness of these leads.  A simple search on a search engine will turn up dozens of lead generation companies offering insurance agents leads for sale.  Start by creating a spreadsheet and keeping tally of the company’s offerings and prices and find out all that you can online before you contact the company.  Never forget that when you call, you’ll be talking to another salesperson.  The person on the other end of the phone will be using all of the same tools that you use to close with your leads to get you to buy from his company.

But before you actually contact the company, do another search for their name online to see what other insurance agentsare saying about them.  Visit the popular insurance sales forums and ask about their reputation.  You’ll be surprised what other salespeople will reveal to you if you ask them for their help.  You should also check with the Better Business Bureau and the company’s local chamber of commerce to see if they have a good reputation to go along with their name.  Do your due diligence before committing a significant sum to buy insurance agents leads.
Another great source of insurance agents leads companies is going to an insurance agent’s convention (e.g. NAIFA, SFSP).  There are several that are held throughout the country at different times during the year.  While you’re there, network with other agentsat the convention and – just like online – ask them for their help and opinions on certain companies.   Additionally, several of the leading insurance agents lead generation companies may have exhibits at the convention.

Once you find an insurance agents lead company that you feel comfortable with, you should contact them and interview them about their practices.  Some of the questions you should ask should include their policies about replacing bad leads, the prices and packages they offer and how they generate the leads they’ll be sending you.  In addition, ask about the exclusivity of their leads and whether they’ll ever be sold again and, if so, in how much time.  Shared leads should be avoided if you can, but if you must buy shared leads, be sure you at least have a certain amount of time – preferably at least two weeks – during which you have exclusivity to them.

You should also ask for customer’s contact information so you can call the other agents and ask them their opinion of the insurance agents lead company.   You’ll be surprised at how much they share with you, even though they’re technically your competition.   Keep in mind that you will get vastly different opinions about the lead quality from different agents using the same insurance lead generation company.  Why?  Because the agents are of different ability.  One agent wont even get an appointment with a particular prospect while another, better prepared, more skilled agent, will turn that same prospect into his next client.

The screening you do on each of the companies you’re interested in is the key to success when it comes time to find insurance agents leads.  Take it seriously and do your due diligence – eventually, you’ll find that holy grail.

If you’re serious about staying in the insurance industry, you’ll take your lead generation and marketing very seriously.  As you may already know, the fate of your business will completely rely on the quantity and quality of leads that you’re able to process in your insurance lead systems.  Sooner or later, you’re going to ask yourself whether there’s anything more you can be doing to ensure your success as an agent participating in insurance lead systems, or if you’ve maxed out the capacity of your system.

Insurance lead systems are exactly that – systems.  They are systems that have one legitimate purpose – to generate as many quality leads as they can, as well as pre-qualify the leads so that the agent and the agent’s assistant won’t have to back track on questions and parts of the contract that have already been answered.

You can create your own insurance lead system or outsource.  In either case, the system must have these aspects:

1. Method to capture interested prospects (and offer and response mechanism)
2. Method to qualify the suitability of the prospect
3. Step that establishes you as a superior source for the product or service
4. Presentation (usually by phone) to have the prospect agree to meet with you
5. Drip mechanism for those prospects that qualify but won’t meet now

It’s not just about getting leads.  Steps 2,3 and 4 are what separate mere leads from an insurance lead system.

Unfortunately, the easiest way to do this is to be sure that you’re using special insurance lead systems that are designed to fit into your current market.  You should also be using a CRM solution that will dovetail into your new insurance lead systems.

Insurance lead systems are all unique in that they’ll only provide the names and personal information to the agent.  They won’t provide the reason for their inquiry or the other personal information required when determining whether or not the lead is even worth pursuing, along with a variety of other issues. So when you finally get that lead, that’s when the show really begins.  You must use your highly developed marketing strategy and knowledge of sales to call or contact the prospect any way you can.  By doing this, you’ll set yourself apart from the hordes of other insurance agents that are no more than a search away for them.  Taking the time to personally connect with them will prove to your clients that you really do care about them.
This can only be done by creating and building a unique selling point, and using that USP in everything that you do.  Unfortunately, the average agent has no idea how this works, which means that they’re already way beyond the power curve and will have a hard time catching up.

To the average prospect out there, you’re just another nameless, faceless insurance salesman.  You have to know exactly who your target market is and what they want out of life.  You need to delve down into the deepest, darkest secrets of the person wants, loves, desires and fears.   If you understand your target market, you already know these secrets and then you develop a video, an audio a booklet–something you can provide the prospect which differentiates you from other agents that merely flap their lips.  This credibility-building steps is missing from most every insurance lead system.
Once you’re able to study your prospect in that great detail, it’s time to integrate what you’ve learned into your sales process.  If you use what you found out about the person in your marketing system, you’ll find that your ratio of leads to sales conversations will skyrocket.  This is because you are going to be doing something called relationship marketing – where you take the market research that you have discovered and use it to write sales letters, emails, fliers and business cards that appeal to your target market’s hidden desires.

With your marketing strategy honed and ready, you’ll be able to fully take advantage of insurance lead systems by ensuring that you won’t waste a bunch of money on leads you’ll never get to convert to sales.

There are dozens of companies that you can buy life insurance leads from – however, the best insurance agents know how to generate their own life insurance leads.  The masters of the industry can generate leads by the hundreds or even thousands each and every day.  If you can master the skill of life insurance lead generation, you’ll be able to write your own checks.  The following are a few strategies that separate the mediocre from the ultra successful in the world of life insurance sales.
Let’s take a look at 3 ways to conduct insurance lead generation on line as opposed to mailers, telemarketing or other methods which we will cover in a later post.
A major way to conduct life insurance lead generation is to use pay-per-click marketing with the major search engines so that when a prospect does a search for your product or service, they will see your ad.  The best aspect of pay-per-click marketing is that your ad is exposed only to people who look for it.  The worst part is that you pay each time someone clicks to see your full ad.  The prospect clicks a small link that might say “The truth about annuities.”  At that point, you pay the search engine for the click.  The prospect is then directed to your web page which needs to be well written and engage the prospect to take the next action.
Obviously, when using pay per click marketing for life insurance lead generation, you pay for all the clicks but only a small percentage of the respondents are viable prospects.
The next method of life insurance lead generation is called co-generation.  Your ad runs on the websites of other business that do not compete with you.  If a prospect sees your ad and complete s a form with their contact information, you then pay for this lead.  This is called “cost per action.”  The best part of this type of life insurance lead generation is that you pay for the prospect’s contact information. If the prospect does not fill out a form, you don’t pay.  The worst part if that your ad may appear on a vitamin site and the prospects did not “go looking” for your product or service.
The third way of conducting life insurance lead generation on line is to use banner ads.  These are ads that have color and graphics and tend to attract the eye.  Prospects click on them, are taken to your form and hopefully complete their contact information. In this type of lead generation, you pay per 1000 impressions, similar to running an ad in a magazine where the cost is based on the circulation.
If you have a limited budget, the first two options for life insurance lead generation usually works best.

The secret technique that most top producing insurance agents will never tell you is that they’ve learned to leverage their existing time efficiently. If you want to earn more while working less, you’ll quickly find that the key to doing this is to automate your business as much as possible and to train assistants and outsourced workers to perform the daily, menial tasks that take up most of your time. This is where Internet insurance leads can come into play – without them, you’re dead in the water.

You can reach more people with your message via the Internet (as can your insurance lead company) than with any other medium.  Additionally, statistics form Pew Internet Life show that the more mature investor who uses the Internet is also wealthier. In other words, the “action” is on the Internet and Internet Insurance leads give you the instant response form a hot prospect.

There are many different types of leads that are generated through the Internet. You can generate them yourself through the use of a web form and website or you can contract with an Internet insurance leads generation company to do this for you. Most insurance marketers will use pay-per-click programs to get prospects to their web form (more about pay per click ads in another post). We’ll discuss the pros and cons of both, but you should immediately recognize the power of automating the prospecting, qualification and appointment setting processes that would otherwise suck a good portion of your valuable time away from you.

This time should be used in more productive and lucrative ways. You should always strive to automate or outsource the tasks that can be delegated to someone for less than what you’re willing to work per hour. For instance, if you want to work for nothing less than $30 per hour, you’ll quickly find that most of your phone work can be given to an assistant to handle for half of that price. But that’s the beauty of the Internet – all of these processes are handled electronically for free. You only have to pay for web hosting, which costs around ten dollars per month, at most. If you run 0ay-per-click program to generate your Internet insurance leads, you can outsource the management of that for a small amount.

As mentioned earlier, there are two basic ways to generate Internet insurance leads. The first is the most common, and that is to hire a company that will do all of the work for you. You don’t have to worry about hiring a web designer, setting up an auto-responder, writing web copy or any of the other technical and marketing aspects of running your own lead generation website. The company will do all of this for you and you only have to pay for the results – the leads it generates.

This is an ideal way to generate Internet insurance leads for the insurance salesperson who’s just starting out in the industry or who is seasoned in the industry, but is just starting on the Internet. There are too many technical sinkholes that the average person can fall into and it takes a good one to two years to learn all of the aspects required to successfully run your own website and do your own Internet marketing.

If you do become seasoned at generating your own Internet insurance leads, you’ll soon find that marketing your site becomes the biggest challenge you face. While marketing your site is beyond the scope of this article, you should investigate options such as pay per click, banner, and contextual advertising. You’ll quickly find that while the medium is different, the principles behind direct marketing – meaning mail order and magazine advertising – are remarkably similar to those that work on the Internet.

Of course, you can also buy Internet insurance leads, but you may find that you have better close rates with the leads generated on your website. Generating your own leads is the ideal situation, but at the very least, you should be focusing on tasks that make you money, instead of tasks like appointment setting, prospecting and other things that can be outsourced or automated at a low cost.