EFG/Legacy consists of some very passionate "Insurance Guys" that actually understand what you're going through!
These guys have a good grasp on all the different aspects of the business, so you're NOT just dealing with some hired hands with no real world experience or business owners more concerned about their own retirement. You'll find it refreshing to know these guys are in touch with the current industry trends and most cutting-edge technology. Seriously, do you really want to take advice or listen to someone that hasn't even sold insurance or annuities in the past decade or longer? Our purpose is to help you achieve a comfortable retirement and secure your own unique Legacy.
Jason T Brown (Vice President)
"The Insurance Man".
P. Michael Pegram "Skipper" (Operations)
"Knowledge & Experience".
Timothy F Brown, CLU PRESIDENT (SEMI-RETIRED)
Mary Jaine (Office Manager)
Who We Serve
Legacy works primarily with independent life insurance agents and annuity producers located throughout the United States.
Our ideal profile of an associate adviser is one
that is non-captive, self-motivated, values relationships, has entrepreneurial spirit, puts needs of the customer first, values time, regularly invests in business and education, desires to earn a six-figure income, wants to be part of a "TEAM" and has an eagerness to constantly improve, learn, grow and enjoy life!
Under the right circumstances Legacy will also work with broker/dealers
P&C insurance agents/agencies, registered representatives, investment advisors/RIA's, mortgage planners, CPA's, attorneys, credit unions and bank to assist them with the constantly evolving and ever-changing insurance & financial services industry.
Experience the Legacy Difference
Proudly stated, "We are NOT your typical life insurance and annuity wholesaler!"
We'll never say we are "the best" or make claims that can't be substantiated. We prefer to speak the truth; something we think you'll find very refreshing in the insurance industry.
Legacy can assist you with both the selling and servicing aspects of your business!
After all, nothing matters if you don't get paid or if your business gets rescinded. To achieve this requires organization, teamwork and frequent communications to fully support your business.
We actually take time to listen to you and to learn more about your specific needs.
Our vision is to enhance the image of our industry "one agent at a time" and re-define what it means for you to build a practice of insurance in the 21st century and beyond!
What We Offer
Simply stated, if you don't make money or hit your target income goals, then we don't make money and we aren't satisfied. Unlike the majority of all other marketing organizations, FMOs, IMO's or MGA's that focus solely on your paid premium and their gross income, Legacy has a unique and better way of looking at your business and production. WE FOCUS ON BROADENING CONSUMER MARKETS & PRODUCTS. Legacy sees continued growth opportunities in the four distinct markets we serve.
continue to control most of the wealth of the USA. People are living longer due to medical advances and new awareness. Unfortunately, they are now outliving their retirement savings.
are turning 65 every day! According to a MetLife study completed at the end of 2010, Baby Boomers have already inherited over $2 + Trillion and they're still expected to inherit another $5 + Trillion!
Generation X & Y
also present tremendous upside potential to agents and advisers paying attention to their financial behavior, the overall economy, the stock market and all of the uncertainty.
Small Business Owners
entrepreneurs continue to be the backbone of our economy! There is a tremendous VOID and opportunity for to serve our local small businesses, especially those with 100 employees or less.
Consumer Markets & Products
Seniors continue to hold and control most of the wealth in this country.
People are living longer and longer due to medical advances, science and more awareness. Furthermore, it is estimated that between 7,000 to 10,000 Baby Boomers are turning 65 every single day! According to a MetLife study completed at the end of 2010, Baby Boomers have already inherited over $2 + Trillion and they're still expected to inherit another $5 + Trillion! The fact that so many Boomers are retiring, coupled with this extraordinary transfer of wealth are two of the main reasons why insurance and financial professionals are so excited about this market. This is also a very large group of people estimated to be between 74 to 78 Million strong. That's a lot of Boomers! Asset Preservation, IRA Rollovers, Income Planning, Social Security Optimization, Long-Term Care and Legacy Planning are the primary focus for this generation. Legacy believes that Annuities, Life Insurance and LTC solutions are the key insurance products in play.
Generation X and Generation Y also present tremendous upside potential to agents and advisers paying attention to their financial behavior
the overall economy, the stock market and all of the uncertainty. The X-Generation is potentially the first generation said to be worse off than their parents! These groups are also establishing themselves in the workforce, starting and raising families and buying first and second homes. Many are even beginning to realize their own mortality as they lose grandparents and loved ones. College planning, adequate life insurance coverage and retirement savings are very popular topics amongst this demographic. Generation X & Y has (literally) grown up watching technology change and improve to what it has become today. Most people in this generation do their initial research or compare things on the Internet before making purchases or major decisions. Believe it or not, most of them actually bring their mail inside from the mailbox to open and review it. Life insurance is the primary product of choice for insurance agents working in this marketplace! Due to the evolution of Indexed Universal Life (IUL) and newer "Living Benefits" available on both Term and Permanent insurance, insurance agents and advisers today are able to offer so much more than just "death insurance." Tax-Free Retirement planning is becoming increasingly popular and is a topic that won't be going away anytime soon! This age group still has a very high percent without adequate life, disability and/or mortgage protection for their family, let alone a clear map for achieving financial independence. Financial professionals that establish themselves with this group will also be ideally positioned to assist these same individuals and families down the road once they begin retiring. Legacy certainly recognizes these opportunities for our affiliated agents/advisers.
What about the business market?
It's not just the large corporations that provide all of the jobs and opportunities for the working class. Small Business Owners (SBOs) and entrepreneurs continue to be the backbone of our economy! There is a tremendous VOID and opportunity for insurance agents and financial advisers to serve their local small businesses, especially those with 100 employees or less. Most of the financial, insurance and benefits-based companies that exist today tend to cater to the larger corporations that have hundreds or even thousands of employees. Again, the insurance and financial professionals that seize this opportunity can tap into the employees of these businesses, PLUS reach the Small Business Owners! Worksite Marketing and Voluntary Benefits create a truly unique opportunity for those professionals "in the know." Legacy is postured in a genuinely unique way should you want to pursue this market.
So, what business model are you best suited for? Who is your ideal target market?
Please feel free to contact us if you have any questions or if you'd like to schedule a one-one-one phone appointment with one of the Founder's of Legacy for some straight talk. No B.S. and no lip service.
Transamerica LTC Rider
Elder Care Insurance
Care for chronic or custodial care is a looming financial crisis to Boomers and Seniors.
Selling Final Expense has never been easier when using Dignity Planning.
What if there was a new breed of Independent/Career business platform that you could plug into and still remain "independent?"
The Financial Crisis Facing Boomers & Seniors
Not everyone wishes to receive care at a Nursing Facility and Kemper's Indemnity Plan pays up to $150 per day for Care at home. Benefits for Each State Vary, so be sure to view the "Outline of Coverage". Virtually Guaranteed issue with only two health questions. Kemper has a 97% issue rate over the past five years.
Slaico - Recovery Care II
Great for clients who can't afford Long Term Care insurance, or can be used to make Long Term Care insurance affordable. Recovery from a traumatic medical event requiring short periods of care at home, nursing home, assisted living facility, or an adult day care center. A chronic condition that requires a short term or long term care insurance plan will give a family time to decide the needs of a loved one.
Life Secure - LTC
Long term care assists people who cannot perform essential daily activities on their own; things like eating, dressing, and using the bathroom. This is usually due to a chronic illness or degenerative condition. As a LifeSecure Agent, you'll be able to represent new and easy-to-understand products. You'll also have access to a variety of resources from LifeSecure for marketing, training, technical and business support.
John Hancock - LTC
As a leading long-term care insurance company for families, associations, and employers, John Hancock is dedicated to providing dependable solutions that help you clients protect their financial security, independence, and family well-being.
LIFE Insurance Sales Opportunity
It is projected that 70% of Americans over the age of 65 will require a nursing home stay. It is a subject on the mind of every boomer and senior. Knowing this, it is a perfect lead-in to discuss an easy product to sell, STCi or HHC. This creates a simple pivot to a life insurance sale when you ask the question "what other insurance do you have that may help pay for a nursing home stay". When they say "none" you ask if they have any life insurance in force. If they have older policies, they probably do not have a living benefits rider for those policies.
LIFE Insurance - Living Benefits
What few people and agents know is that life insurance can also help during another one of life's most difficult times: a chronic, critical or terminal illness. This comes in the form of optional riders called Accelerated Death Benefit Riders, also known as Living Benefits. Whether you sell FE or Life Insurance, contract with Legacy for our Living Benefits.
Specialization & Focus
Critical Components to Your Success... Regardless of your current business model, our unique ability is creating and adding more value to your business. However, this process requires defined, focused, realistic and attainable goals and vision. Once you're "dialed-in" and focused on your mission and purpose as an agent/adviser, then amazing things can and will happen! This means determining your niche and then committing to making it thrive.
Markets and Niches
Marketing and Training Platforms... You can get rich in a niche. We offer different training platforms to cover both basic to advanced markets. We offer both on-line and live classroom training, depending on your location and markets. When it comes to products, Legacy primarily focuses on life insurance and annuities, but it goes well beyond any product or company. These markets include, but aren't limited to the Senior Market, Baby Boomers, Pre-retirees, Retirees, Gen X & Gen Y, plus Small Business Owners.
disclaimer:pricing and availability subject to change.
Eastern Financial Group (EFG) has been in business since 1990, and is proud to announce that we will be re-branding the company to be known as Legacy Assurance Group. We are also excited to be adding some new people to our Executive Team, as well as our Support Team. This transition will happen over time, and these exciting changes have already begun!
If you’re tired of empty promises or if you just want to develop a relationship with an organization that treats you how you should be treated, then please reach out to us. In fact, feel free to contact me directly! We take a lot of pride in getting to know the agents and advisers we serve. Having access to quality carriers or good products probably isn’t your primary need. After all, products don’t just sell themselves! We understand what you want and why. Our vision and focus is creating real value for our partnering agents and advisers.