Would the right CRM application help you sell more life insurance? Better yet would a free crm database help increase the profitability in your office?
Life insurance is a highly competitive business and seems to be getting more so everyday. Instant quotes, coverage in less than 10 minutes and many other slogans abound in ads on the internet, TV and newspapers and it doesn’t stop there. Nearly every life insurance agent we speak to is trying to find a way to shorten the sales cycle. As technology has grown, more ways are available to agencies and agent now to process their cases more quickly. This is where a CRM database designed for life insurance can help. Cutting days out of the process at multiple points greatly reduces the overall time to place cases and therefore the time you spend on them.
It starts with a well organized office, the worst use of time is trying to find something that was misplaced. Having a central point in your office (CRM solution) for all data will save time trying to find files that may be in different places. Having a paperless office takes that one step further. Being able to access any document right from your desk not only saves time from getting the file or finding where it is, it also allows multiple people to be working the case at the same time and have full documentation at their disposal. If you have multiple offices this is even more important to avoid recreating the files in different offices, every office across the country being able to access files from other offices in real-time with an web based CRM product. Having all data and files located in a central database means not having to re-enter data at each step. Utilizing automation can notify agents, staff and the client of certain events you determine such as applications being returned, approved and so on. Sending automated emails to clients can keep them better informed during the process making them less likely to shop around and produce less calls to your office for status. There are other options from postcards, letters or calls to the client to inform them on these status events, but email is the quickest and by far most cost effective.
Cutting down on paperwork saves time, man-hours, potential lost files, sales and E&O issues. Make sure you consider all the options available to you to speed up the sales process for you and the client, the time and money saved can be put toward new sales doubling the value of each minute and dollar saved. Having a central point for all data is a huge benefit to all offices and a near necessity to agencies with multiple office locations.
VAM dB tracks all leads and clients throught the sales and beyond. A full features CRM application, it brings the power and flexibiliy of a web based system to you with many features espially for life insurance agents. Automate your office and emails to leads and clients, improve your sales percentages and profitability as you track all marketing campaigns and leads. VAM dB offers both free and paid versions allowing you to choose the features and cost you need.
Free CRM from VAM dB 