TWG Capital, a leading provider of financial
solutions for the insurance industry, is now focusing on purchasing and lending against Disability renewal commissions
. In addition to working with Disability agents, TWG Capital also provides capital to Long-term Care, Critical Illness, Specified
Disease, Life, Group & Individual Health, Final Expense, Medicare Supplement and
Property and Casualty agents.
Although the outcome of the health care reform is uncertain, the need and demand
for Disability insurance is inevitable. According to the National Association of Health Underwriters (NAHU), nearly
33% of all Americans will suffer a serious disability between the ages of 35 and
65 that will last for an average of more than five years. The single largest generation
in history, reaching nearly 79 million people, currently falls within this age range
meaning nearly 26 million baby boomers will need Disability insurance between now
and the next 20 years. Also, by the time the baby boomers have exited the largest
group of disability risk; their nearly 80 million offspring born between the years
1982 and 1995, known as the “echo boomers,” will begin to enter the age range.
Jim Wallace,
founder of TWG Capital, urges Disability agents to ramp up their marketing, staff
and products in order to stay competitive
in the opportunistic years to come.
“There is such a great opportunity to create and market new bundles of products
to the different micro-segments of the baby boomer generation,” Wallace says. “With
a 20 year age span of boomers, Disability, Medicare Supplement and Multi-line insurance
providers need to be creative in their development of next generation products to
make sure they meet the needs of each age segment. The amount of competition to
emerge in the market is significant.”
In order to provide agents with the working
capital needed to stay competitive within the market, TWG Capital is currently
offering Disability agents free valuations,
purchase offers and lending options
on their books of business.
To learn more about obtaining working capital for your agency, call 877.894.2785
or email sales@TWGcapital.com
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