NAILBA Perspectives Spring 2020 | Page 24

ID 20 WINNERS — Q&A Why Factor Q&A from page 22 The Why Factor Rubin: Life Insurance is a tool to protect livelihoods and legacies from the unexpected. Annuities are built to protect contract holders from both natural and unforeseen market cycles and minimize the impact on their retirement portfolios and income streams. This pandemic will cause thousands of premature deaths, it has damaged portfolios, it will impact some survivors’ insurability and could ultimately impact mortality tables long term. This is a prime example of why what we do and the solutions we recommend are so valuable, now more than ever. Shelow: Our industry is among the most important and noble businesses in the country. It is our obligation, especially now, to ensure that we protect as many families and businesses as we can. As we collectively come out of this crisis, many individuals will have a much clearer understanding of the necessity for protection from unforeseen scenarios — and hopefully, we made sure they have the security they need. Life insurance provides peace of mind when we face the unexpected — and the pandemic is certainly raising that awareness among consumers. The WHY of buying life insurance is clearer than it has ever been! ai158552410323_032720 Wink NAILBA Ad.pdf 1 3/29/2020 6:21:43 PM Ross: When it happens too soon, a national tragedy like COVID-19 translates into a family financial tragedy... When talking about the importance of life insurance, continue to focus NOT on the tragedy of losing someone, but rather the financial security of those left behind. Ross: We can’t allow one tragedy to lead to another tragedy. A national epidemic like COVID-19, and the number of deaths we’re reading about, stand as a constant reminder of life’s most consequential uncertainty: death. When it happens too soon, a national tragedy like COVID-19 translates into a family financial tragedy. Very few people that die prematurely can say that “they saw it coming.” Their ailment or accident that took their lives was a complete surprise, and their life insurance death Why Factor Q&A continued on page 26