Sales Training For Insurance Agents

Nov 19, 2021

Sales training for Insurance Agents is crucial if you’re wanting to grow your insurance business, because nothing happens until a sale is made.

Insurance Agents require sales training for a number of reasons.

It helps them have the knowledge to train their staff, it ensures consistency is followed within their sales team, and to make sure all your potential clients have the same positive experience.

In this article, you’ll learn the various sales training for Insurance Agents topics required for learning, so you can close more sales, and serve more people in an elegant and non-pushy fashion.

Sales Training For Insurance Agents

Sales Training For Insurance Agents Topic #1 – Sales Process

The first important topic in regard to sales training for Insurance Agents, is for you and your sales team to understand the importance and benefits of using a consistent sales process.

A sales process is the step by step system that your sales staff should follow, so they can guide a potential client on a positive journey and have a road map of what to ask and what topics to cover.

Using a sales process has several key benefits. These include:

It gives consistency and clarity to your sales team
Creates certainty for both you and your potential clients
It allows you to control the sales conversation

Following a sales process, and having clarity on each step is crucial to you and your business’s sales success.

Sales Training For Insurance Agents Topic #2 – Qualifying

A famous quote associated with selling is “If you try to serve everyone, you end up serving no one”.

This is very true, which leads us to the next topic in relation to sales training for Insurance Agents – being the importance of qualifying.

Your sales team should know how to qualify your potential clients, so that they can be efficient with the time they spend with clients who fit your buyer persona.

So many Insurance Agents meet with people who have no business buying their products or services or aren’t qualified decision makers to make a buying decision, or buy the insurance that they sell.

When Insurance Agents or your sales team know how to qualify correctly, they can put together a sales targeting strategy that helps them with their prospecting efforts.

Sales Training For Insurance Agents Topic #3 – Rapport

Many people think of rapport as being enthusiastic, cheerful and bubbly, and perhaps approachable.

Although this is still taught and followed in many circles; rapport is a lot deeper than that.

Your sales training for Insurance Agents should cover rapport, because it will give you and your sales team an excellent edge when learnt correctly.

Rapport covers both conscious and subconscious communication – it covers the way you brand yourself, the way you reach out to your potential clients, and of course – your in-person sales interviews and conversations.

Training should include using the communication ratio effectively.

Topic #4 – Pre-Framing The Conversation

A very important topic in your sales training for Insurance Agents arsenal, is the ability to overcome objections early, and position yourself as a trusted advisor.

You can achieve both these things, by doing something called setting pre-frames.

If you can image the sales conversation as a frame; a pre-frame is when the Sales Professional or Insurance Agent let’s your potential client know how the conversation will go.

The conversation will entail asking a lot of questions, learning who the decision makers are, and that it is OK if the potential client establishes they aren’t the right fit.

This puts them at ease, so you can have a deeper conversation.

By doing so; you ensure decision makers are present, a buying decision will be made at the end of the conversation, and you overcome sales objections before they even arrive.

It also allows you to be on control of the sales conversation – which means you can consistently close more successfully.

Topic #5 – The Right Questions

Asking the right questions is one of the most important part of an Insurance Agent’s tool kit, making this an important topic regarding sales training for Insurance Agents.

There are a number of various question types you should be using in your day to day sales conversations:

Each of these question types should be asked with intent – and the intent is to lead the potential client towards the next step in the sales process, and to help them sell themselves on the need for the right insurance for their risks.

Topic #6 – Help Your Clients Sell Themselves

Many sales trainers and sales training ideologies teach that you should use sales scripts, hard closing techniques, or methods that may make your potential client (and your sales team) uncomfortable.

We recommend in your sales training for Insurance Agents, that they are taught to help guide your potential clients to sell themselves, rather than your sales team trying to do all the heavy lifting.

The best person to sell a potential client is themselves, because nobody knows them like they do.

Your role as an Insurance Agent, is to lead the client to a conclusion that they need a solution to their problems – and that your product or service may be the solution for those problems.

By learning this methodology, Insurance Agents will have a better conversation with your potential clients, because the conversation will be more focused on their specific needs – rather than your business, products or services.

By framing the conversation in this way, you’ll have a higher chance of building empathy, and closing more sales.

Sales Training For Insurance Agents Topic #7 – Finding Pain

People buy things to move away from their problems and find a solution to their pain points. This is on our list of sales training for Insurance Agents, because without pain – there will be no sale.

Human beings are emotional – we buy for emotional reasons and justify our decisions with logic.

When Insurance Agents learn how to find pain in a non-pushy and elegant fashion, they’ll have deeper and more authentic conversations with their potential clients.

By getting go the deep core of why someone is trying to buy – we remove the false pretence and assumptions of why we think they’re buying and get to the truth.

Sales Training For Insurance Agents Topic #8 – Future Pacing

Future pacing is an important sales training for Insurance Agents topic, because it is the subject of painting what the future will look like for your potential clients if their problems and pain points were solved.

By future pacing; your sales team will know how to dig for their ideal results and outcomes, and then discuss the emotional and logical benefits of what it will mean when they own a solution.

This can be very powerful – because when your potential client owns the solution in their mind – it doesn’t take much to positively influence them to take further action.

Sales Training For Insurance Agents Topic #9 – Talking About Money

Many Insurance Agents leave budget, and the topic of money to the very end of their sales conversations.

We recommend in your sales training for Insurance Agents sessions, that you teach them to cover money after they’ve uncovered pain and pleasure.

Money should cover two areas:

What is it costing them by not having a solution to their problems?
How much would they invest to solve their problems?

By doing so, it makes it a lot easier to close them at the end with the right insurance that they may need.

Topic #10 – Presenting The Right Way

Do you or your sales team know how to present in a way, that bridges the gap of where they’re at pain wise, and where they need to be with your product or service?

Many Insurance Agents do something we call premature presentation – this means they present much too early, without using their product or service as a bridging gap between their pain and ideal solution.

By learning how to present correctly, you or your Sales Manager can perhaps do role plays with their team, to ensure everyone is on the same page.

Topic #11 – Handling Objections Without Breaking Rapport

We recommend in your sales training for Insurance Agents process, that you cover handling objections early, and with a structure-based system – rather than using out dated sales scripts.

This will ensure your sales team will remember how to elegantly handle objections, without sounding like a parrot or broken record repeating clearly scripted lines they would have read in an old sales book.

Objection handling is common and will most probably happen in all your sales conversations. Fortunately, when learnt correctly, they can be used as a closing tool.

Topic #12 – Closing Easily

Asking for the sale should be easy; all the hard work should occur prior to this part, and when the sales process is followed correctly – closing should be a breeze.

A lot of Insurance Agents struggle with asking for the sale, because they either get nervous, or they become worried about potentially facing rejection.

When you follow our sales process correctly, asking for the sale becomes a lot easier – because you would have already helped your potential client sell themselves before you get to this point.

Final Thoughts On Sales Training For Insurance Agents

If you wish to explore sales training for Insurance Agents a bit more and want to increase your sales more consistently, we’d like to introduce you to our flagship sales program – called The 5% Sales Blueprint.

Our program covers each of the topics mentioned in great detail, as well as bonus modules on inbound and outbound prospecting.

Because it is based online – it’s economically priced which makes it an easy investment – and it can be used no matter where you are around the world.

To learn more about why Sales Professionals, Managers and Insurance Agents like you are investing in The 5% Sales Blueprint – click here to find out.