Insurance Industry Sales Pro Adam Maggio Teams with DaVinci Financial to Implement Game-Changing Life Insurance Sales System

RED BANK, N.J., June 3, 2013 /PRNewswire/ -- Voluntary benefits rock star Adam Maggio has teamed up with Darren Sugiyama of DaVinci Financial to revolutionize the life insurance market. Maggio and Sugiyama invite progressive, motivated financial planners to join them in overthrowing the outdated practices that hurt clients and limit agents' income potential.

(Photo: http://photos.prnewswire.com/prnh/20130603/PH24064)

For example, many life insurance agents ...

• Offer products and prices that are not the best for their clients because they are not allowed to offer anything but their own captive company products.
• Never review policies with clients in subsequent years, allowing those clients to overpay when rates go down or to risk insufficient protection as their families and incomes grow.
• Blindly sell life insurance while ignoring other potential needs such as disability income and a tax-free retirement income stream.
• Fail to explain or plan for common policy risks and consequences such as IRS code violations, phantom taxes, lagging cash value, unexpected rate increases or policy lapses – all in their rush to make a quick sale.

"While these agents were not intentionally unethical, they were unintentionally incompetent and clients paid the price," says Maggio. "These oversights represent a huge opportunity for life insurance pros to stand apart by doing what's right." Interestingly, DaVinci Financial was formed around a code of ethics, arising from personal frustration after Sugiyama's financial planner sold him a policy that cost him more than $1 million in losses!

With the passing of the Dodd Frank Act and Ag 38, the life insurance business could be in for a bumpy road with increased rates and fewer products. Now, more than ever before, financial planners and insurance agents need a transparent, progressive partner to keep them and their clients informed.

Life insurance pros are invited to work smarter with the DaVinci system's five competitive advantages:

1. Access to 50 of the nation's top life carriers, often facilitating premium savings of up to 40 percent.
2. Knowledge of new laws and rates that give DaVinci agents the ability to stand apart from negligent incumbents with compelling replacement products.
3. Business owner and voluntary benefits expertise with multi-faceted products that provide protection in the event of unexpected death or disability, as well as a tax-free retirement income stream.
4. A convenient, cost-effective "i-meeting" approach, leveraging the Internet to save time and gas and appeal to younger clients.
5. Extensive knowledge of carrier underwriting and table shaving programs.

In summary, affiliated agents can tap into the "brains" of DaVinci Financial and build a career without the stress of managing a back office. In addition, the company's i-meeting technology facilitates ground-breaking efficiency and Gen X/Gen Y appeal – something unheard of in this otherwise stagnant industry. I-meeting also accelerates training and allows new agents to gain proficiency quickly.

"We are very excited about this and plan to expand nationally. Immediately, we are looking to open offices, in Md., N.Y., N.J., and Mass.," says Maggio.

Those interested in learning more about the team that's about to revolutionize the life insurance industry should visit http://www.AdamMaggio.com/davinci

About Adam Maggio

Adam Maggio has consulted with thousands of business owners and high net worth individuals since 2001. Early in his career for a Fortune 500 company, he became the No. 8 producer. He went on to learn how to recruit and train other producers, and it wasn't long before his team earned the Rookie Team of the Year award and many other subsequent accolades. Today, Adam teaches financial pros the techniques that allowed him to rank in the top 1 percent of insurance industry sales earners. For more information, email Adam at Email.  

About Darren Sugiyama, president of DaVinci Financial

In 2003, Darren Sugiyama founded Apex Outsourcing Insurance Services, and within the first three years, led Apex to being the most sought-after firm in Southern California. Darren is also a nationally acclaimed author of two books: How I Built a $37 Million Insurance Agency in Less Than Seven Years and Living Outside the Cubicle: The Ultimate Success Guide for the Aspiring Entrepreneur. As president of DaVinci Financial, Darren has revolutionized the financial and insurance industries. For more information, visit http://www.DaVincifia.com.

Contact:

Adam Maggio
732-904-7886

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE Adam Maggio