7 Reasons Financial Advisors Should be Selling GSI Disability Insurance

Are you interested in growing your disability income insurance sales big time? If yes, Guaranteed Standard Issue (GSI) is where it’s at! Selling GSI disability insurance can be advantageous for financial advisors and their clients for several reasons:

1. Holistic Financial Planning with Disability Insurance

Selling disability insurance allows financial advisors to take a more comprehensive and holistic approach to financial planning. By addressing the risk of disability alongside other financial goals such as retirement planning and investment management, advisors can create more robust and effective financial plans for their clients.

2. Client Protection

Disability insurance provides financial protection to clients in case they are unable to work due to illness or injury. Selling guaranteed standard issue disability insurance ensures that clients have a safety net to rely on during such challenging times.

3. Risk Mitigation and Income Protection

Disability can strike anyone at any time, regardless of age or occupation. By selling disability insurance, financial advisors help clients mitigate the risk of financial hardship due to unexpected disabilities.

4. Long-Term Financial Planning

Disability insurance is an essential component of long-term financial planning. By incorporating disability insurance into their financial plans, clients can protect their financial future and achieve their long-term goals more effectively.

5. Peace of Mind and Financial Security

Knowing that they have disability insurance coverage provides clients with peace of mind. They can feel confident that they have a financial safety net in place to protect themselves and their loved ones in case of disability.

6. Tax Advantages

Depending on the policy, disability insurance premiums may be tax-deductible for the client. Financial advisors can highlight these tax advantages to make disability insurance more appealing to their clients.

7. Enhanced Client Relationships

By offering disability insurance, financial advisors demonstrate their commitment to their clients’ financial well-being. This can help strengthen client relationships and build trust over time.

In summary, selling guaranteed standard issue disability insurance offers multiple benefits for financial advisors and their clients, including protection, income replacement, risk mitigation, long-term financial planning, peace of mind, tax advantages, enhanced client relationships and holistic financial planning.

For more information about disability income insurance products from the carriers we work with, please call our diCoaches or your local Regional Sales Reps for details!