Narrated BOP

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Information about Narrated BOP
Education

Published on June 29, 2008

Author: nettlancer

Source: authorstream.com

Slide1:  Welcome! Problems Facing Today’s Consumers:  Problems Facing Today’s Consumers Debt Trap U.S. consumer debt has doubled over the past ten years, with the average debt at $18,700 per U.S. household [excluding mortgages]; bankruptcy filings are estimated to have topped 1.8 million in 2005.1 Lack of Security If you died tomorrow, your family could face financial devastation. The average death claim paid by the insurance industry in 1999 was $15,130.3 Poor Savings Habits Today, savings rates are at their lowest levels since the Great Depression. For the first time since 1933, savings rates fell into negative territory at -0.5% in 2005. Americans either dipped into savings or increased their borrowing.2 Retirement Woes Most Americans retire in poverty. According to the U.S. Census Bureau, 73.8% of Americans 65 and older retire on a combined income of private pension and Social Security of $10,000 or less a year.4 1 Timothy Egan, “Debtors in Rush to Bankruptcy as Change Nears”, The New York Times Online, August 21, 2005. 2 Martin Crustinger, “Savings Rates at Lowest Levels Since 1933”, Associated Press, January 30, 2006. 3 Statistical Compilation of Annual Statement Information for Life/Health Insurance Companies in 1999* NAIC, 2000 4 Social Security Administration, 1996. Use for recruiting purposes only. Rising Cost of Living If you and your spouse earn $100,000 a year and want to retire in 18 years, with average inflation of 4%, you will need a little more than $200,000 a year to equal your current income of $100,000. Without the proper financial knowledge and tools, many families have given up on their dreams and feel that their financial future is hopeless. First Financial Security has the answers. Slide7:  At FFS we educate and inform to help families achieve financial security. We teach “The Real Secrets of Money.” TM Educate and Inform This is not a solicitation or offer to purchase any product. FFS is not a franchise. FFS does not charge any fees for the right to engage in the business of offering, selling or distributing goods or services. Use for recruiting purposes only. Protect your savings from loss and provide for upside potential. Put compound interest to work for you – not against you. Maximize use of tax-advantaged savings and income opportunities. Re-direct money you are already spending to create new money to invest. How far will your 401(k)/403(b)/457 take you?:  How far will your 401(k)/403(b)/457 take you? Simple math: Divide your expected 401(k) balance at retirement by the amount of money/income you need each year during retirement. The answer gives you the number of years before you run out of money. Do you like your answer? EIUL (AKA Life Savings Acct.):  EIUL (AKA Life Savings Acct.) Slide17:  REVOLUTIONARY COMPENSATION GENERATIONAL OVERRIDES are earned once you become an RMD or higher and are based on what “generation” a leader is to you. For example, an RMD who personally reports to you would be a 1st Generation and an RMD who reports to him/her would be a 2nd Generation to you and so on. Generational Overrides are paid in addition to infinity overrides. All FFS Compensation plans and Promotion Standards are subject to change without notice. Commissions based on gross field payout. To ensure quality growth throughout our organization, all RMDs must validate for their position by maintaining the minimum leader legs and production points required for that promotion level. The validation period for RMDs and up is a rolling 12 month period. No more than 1/3 of promotion point credit can come from any one leg’s production. A recruit leg counts if they have joined FFS, holds a valid insurance license in their resident state, and becomes appointed with FFS preferred companies. Production requirements are Super Team RMD Base thru 6th Generation closed points AV. FFS pays 100% of gross commissions on all products to the field. FFS is a financial services company marketing various insurance products throughout the U.S. To represent or earn a commission from FFS, you must be properly licensed and appointed in your state. The examples in the brochure are for recruiting purposes only and are not a solicitation of any product. **See current Company Override Pool, Diamond Club Pool, and SEFC Bonus Pool guidelines for complete details. Slide18:  All FFS Compensation plans and Promotion Standards are subject to change without notice. Commissions based on gross field payout. To ensure quality growth throughout our organization, all RMDs must validate for their position by maintaining the minimum leader legs and production points required for that promotion level. The validation period for RMDs and up is a rolling 12 month period. No more than 1/3 of promotion point credit can come from any one leg’s production. A recruit leg counts if they have joined FFS, holds a valid insurance license in their resident state, and becomes appointed with FFS preferred companies. Production requirements are Super Team RMD Base thru 6th Generation closed points AV. FFS pays 100% of gross commissions on all products to the field. FFS is a financial services company marketing various insurance products throughout the U.S. To represent or earn a commission from FFS, you must be properly licensed and appointed in your state. The examples in the brochure are for recruiting purposes only and are not a solicitation of any product. **See current Company Override Pool, Diamond Club Pool, and SEFC Bonus Pool guidelines for complete details. REVOLUTIONARY COMPENSATION Revolutionary Compensation:  What would this type of part-time income mean to you? Get started today building your business: Open 1 LSA per month for $300 monthly $ 1,800/mo.* Open 4 LSA’s per month for $300 monthly $ 7,200/mo.* Open 1 Life Savings Account per month and save the money for retirement over 30 years**… @ 4% = $1,217,273 @ 8% = $2,465,030 Where else can you make this kind of money part-time? Great Part-time Opportunity The above hypothetical commission example is for illustrative purposes only to show the potential of the FFS compensation system and assumes the leader has earned the Senior Associate contract. This example is based on the gross field payout of $2,400. This program is only available to the sales force of First Financial Security. First Financial Security pays 100% of gross commissions to the field. To receive a commission one must hold a valid insurance licensed. All commission plans subject to change without notice. There is no assurance that results can or will be achieved. Income is earned from the sale of FFS-authorized products and services. No income is earned from recruiting. ** If you save your part-time income over a 30-year period of time, this is the potential income based on the hypothetical rates of return, illustrated above. Revolutionary Compensation FFS Builders Compensation:  FFS Builders Compensation Infinity Builders Plan You become an RMD Leader and build a team: Open 4 LSA’s a month personally... $9,216/mo. Build 5 Associates who each open 2 LSA’s a month... $12,240/mo. The above hypothetical commission example is for illustrative purposes only to show the potential of the FFS compensation system and assumes the leader has earned the RMD contract and has five associates in the base. This example is based on the gross field payout of $2,400. This program is only available to the sales force of First Financial Security. First Financial Security pays 100% of gross commissions to the field. To receive a commission one must hold a valid insurance licensed. All commission plans subject to change without notice. There is no assurance that results can or will be achieved. Income is earned from the sale of FFS-authorized products and services. No income is earned from recruiting. Use for recruiting purposes only. Slide21:  Multi Million $ Ad Campaign Resources to help you win:  Resources to help you win Live workshops and training sessions Weekly ‘strategizing session’ on Tuesday mornings in Cerritos Weekly conference calls to keep you focused and on track to make money Webinars One-on-one coaching sessions Toll free nationwide ‘help-line’ And more… Your next steps:  Your next steps Get with the person who directed you to this presentation Ask any questions you might have Attend a live workshop Meet others who are already associates with our firm Live the life of your dreams Slide24:  First Financial Security, Inc. • 11330 Lakefield Drive, Bldg. II, Suite #200, Duluth, GA 30097 • 770-814-4222 • FirstFinancialSecurity.com © 2006 First Financial Security, Inc. FFS009_4.6 Thank You!

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