MyInsurFolio has revolutionized the way insurance summaries are traditionally done.
My prospects and clients are able to better visualize their insurance portfolio and I have successfully closed sales.
This is a MUST-have tool for all financial planners!
Can you tell us a little bit about yourself?
I joined the life insurance industry in 2006 and I have never looked back since. During my 14-year stint, I have qualified for many awards and won numerous accolades recognizing my sales ability year-in year out, seeing myself travelling to many clubs and conventions destinations overseas.
I am currently on course to attain the Certified Financial Planner (CFP®) Certification. The CFP® Certification signifies the gold standard of financial planning and wealth management. It is a mark of excellence and trustworthiness for practitioners, the qualities that consumers seek in a financial planner.
I am happily married with no kids but 3 cats…
Why do you invest time to do up insurance portfolio summary for your clients?
Well, an insurance portfolio summary will give my clients a clear picture of what they have because they often do not know what they are being covered for. With a properly done up summary, it is an overview that allows me to understand and to highlight to my clients what is/are the shortfall/s or the coverage gaps that they might have. Furthermore, this insurance portfolio summary is an enabler to cross-sell/up-sell to enhance protection coverage and to fulfill wealth accumulation goals.
You see, the summaries or reports given by some financial consultants are rather complex and confusing which are difficult to comprehend for the man in the street. Hence, I will make every effort to prepare an insurance portfolio summary that provides clarity, simplicity, and comprehensibility to my clients.
How long have you been doing insurance portfolio summary for your clients before MyInsurFolio?
I have been preparing insurance portfolio summaries for my clients over the last 13 years beginning with excel, then progressing to GoalsMapper and now upgraded to MyInsurFolio.
Why do you switch to MyInsurFolio?
Besides being a simple, useful, and intuitive tool to prepare an insurance portfolio summary for me, it serves as an online central depository allowing my clients to view their coverage on-the-go.
What do your clients say about MyInsurFolio?
My clients often lament that there is no one central depository to check what they have.
With MyInsurFolio, they are now able to conveniently access online the information of their insurance coverage as well as to provide their families and loved ones with peace of mind knowing that this one-glance, easy-to-understand insurance portfolio summary is readily and easily available to them within a click away, should the need arise.
Would you recommend MyInsurFolio to your fellow FCs and why?
Yes. I will because this is a MUST-have tool for all financial planners!
Going digital is the way to go to stay relevant and adopting new and ever-evolving technology is a new constant in this financial business landscape.