What's YOUR Plan?

As an insurance professional you help your clients prepare for the what ifs and the inevitables in their lives. From estate and retirement planning to business succession planning you have all of the solutions for them. So, do you exercise your own advice?

Especially when it comes to succession planning, you owe it to your clients to make sure that they will be taken care of when you are no longer in the business. Whether you retire become ill/disabled or die, what is your business succession plan?

You may still be working hard to build your practice and succession planning for your business is probably not very high on your priority list. Planning today though to protect your assets with the proper products and your business with the proper people, not only ensures that your practice will survive the future without you -- it supports the future of our industry by training younger professionals to be proficient colleagues.

Happy New Year!

The past year has seen numerous changes in our business. The continued low interest environment has forced some of our carriers to cease selling life and long term care insurance. The differences and difficulties in our state and federal governments have created turmoil in watchdog groups such as the Department of Labor.

During our winter meetings, all MVP associates pledged to be proactive, timely and transparent in all aspects of our business. MVP will continue our commitment to help you be more efficient and profitable by keeping you informed and protected while working closely with you and your staff. 

This year and into the future MVP will make every effort to help you insure your customers for a lifetime. Term insurance may bring peace of mind initially, but less than 2% of term policies are ever in force at time of death. MVP believes that many of our society's current financial problems would be resolved with greater savings, more permanent life insurance, and use of living benefits riders.

Our national brokerage partner, AimcoR, has created documents and protection against the Department of Labor mandates for Fiduciaries that requires adoption this April. While there may be hope that the new President and Congress will repeal some of these mandates, you and MVP cannot hide from or ignore the possibility the mandates will remain in place. Call us and be protected.

In addition, MVP has invested in a fantastic software system to help us analyze company products on your behalf. LifeTrends provides MVP unique product analytics, positioning and benchmarking data that we believe will add credibility to you when discussing your recommendations with your customers and other advisors.

Finally, MVP continues to support your underwriting concerns as well as your marketing initiatives with our full time impaired risk specialist, Kristie Carlsen, our experienced case managers, and our Marketing Director, Sherri Hellenbrand.

We truly look forward to growing our relationship with you this coming year. Be sure to ask your MVP Team about the upcoming all-expense paid trip to Los Cabos, Mexico!