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Jun 13, 2007 7:58 pm

Does anyone use LEAP or know anything about it. I just had a conversation with an old friend that tried to recruit me to his indy firm tha uses LEAP and I have know idea what type of system it is.  Any info would be good. 

Jun 13, 2007 10:13 pm

LEAP is an insurance based selling strategy

Jun 13, 2007 10:54 pm

www.leapsystems.com

If you are already with a firm, check with your compliance department if you can use it.  I know it's okay with Mass Mutual, but YMMV.

There is a forum on Top Gun Producers specifically talking about LEAP.

Jun 14, 2007 1:02 am

I just started with a major mutual and I've begun to delve into LEAP.  For someone like me who's been on the investment side of the fence for ten years, there's alot to be said about how it works.  I'll be blunt - I was verrrrry skeptical about it at first.

Keep an open mind about it.  If nothing else, it will give you some great insight into how money works.  Good Luck.

Jun 14, 2007 2:14 pm

Thanks for the insight.  I was a little skeptical when I first heard about it but I’ll look a little deeper.

Jun 14, 2007 2:21 pm

I have seen people's production absolutely skyrocket once they start to use LEAP.  I am not a LEAP practioner.

I have a fair amount of understanding of it.  There is no question that it does a great job of helping people to understand the need for higher amounts of death benefit and more whole life insurance.  It gets criticized as a "tool to help sell life insurance", but I've never met a LEAP practitioner whose investment income didn't also increase.

Jun 14, 2007 9:01 pm

[quote=anonymous]

I have seen people's production absolutely skyrocket once they start to use LEAP.  I am not a LEAP practioner.

I have a fair amount of understanding of it.  There is no question that it does a great job of helping people to understand the need for higher amounts of death benefit and more whole life insurance.  It gets criticized as a "tool to help sell life insurance", but I've never met a LEAP practitioner whose investment income didn't also increase.

[/quote]

Just curious, anon, why haven't you made the LEAP plunge?  (heh - get it?  LEAP?  Plunge?)

Anyhoo, for someone like myself that's just starting out with it, can you provide some additional insight?  I ask because you're one of the few posters who's opinion I really respect (not trying to sound like a brown noser).  From what I've seen so far, it's pretty air-tight.  The numbers don't lie.

Jun 14, 2007 10:09 pm

LEAP is not something that can be done half way.  It takes a big committment on the part of the practitioner and takes about 18 months to become proficient.   I’m simply 6-12 months away from having the time to start devoting to it.

Jun 14, 2007 10:12 pm

Deekay, as long as you have others in your agency doing it, jump in with both feet.  Use LEAP and do nothing except see people or fight to see them from 8:00-4:00 and you’ll be earning 6 figures in your second year.