I recently started with a company that offers all financial products from life insurance and annuities to IRAs, mutual funds, other investments, etc. I do not have my securities license yet, so can only personally write life insurance products and fixed annuities at the moment. I can bring my manager along for people interested in other options (I have had him set up a Roth IRA for a client, for example) and their accounts will be transferred to my control once I am licensed, but I do not receive the initial credit/commission. For this reason I have to focus mostly on life insurance/fixed annuities for the time being, although I am much more interested in working with the investment side of things once I’m licensed (I have a finance degree).

Anyway, I just got a list of life insurance and annuity leads to cold call (residences, not businesses), and am looking for some feedback on my script. My goal is just to set an appointment to do an evaluation and possibly attempt a sale (at the appointment, not on the phone). It’s a work in progress, so be gentle.

“Hello is this _____? 

Hi _____, my name is _____, I’m a financial representative with _____ here in _____.

I’m just calling to let you know about a free service I offer that can help you make sure your family is protected as well as evaluate how you’re doing in addressing your retirement goals and any other financial concerns you may have. It only takes about 30 minutes, I come to you, and there are no costs or obligations, so there’s truly no downside (or instead of saying there’s no downside, could say “sounds like a pretty good deal, wouldn’t you agree?” For whatever reason I’m somewhat hesitant to ask leading questions like that, but I know it’s probably something I should incorporate)

I’m scheduling my activities for next week and would like to set up a time for us to get together so you can decide if the type of work I do would be beneficial in your situation.

Are days or evenings better for you?

Would _(day)_ at _(time)_, or _____ at _____ be better? ”

I have some variations and am still unsure which I like best, but that is a general idea of what I used today. Obviously it differs from call to call as well. I’m fairly comfortable on the phone and don’t think I sound awkward or scripted while talking.

Since my goal is to issue life insurance, should I focus more on that in the script? I feel like people tend to have a general aversion toward insurance and insurance salesmen (I could be wrong, I don’t know), which is why I used the word “protection” instead, but on the other hand I wonder if I’d be better off tapping into their emotions and talking about making sure they have the proper amount of protection for their family. I fear I may be losing possible business by giving the impression that I only work with the investment side of things - I’ve only been using this script for a couple of days so don’t have much to go by, but the objections I’ve heard so far have all been due to the prospect “already having somebody who takes care of all that for them.” I made a note to start asking about their life insurance in response, so we’ll see how that goes.

Well I think I’ve rambled enough for the time being, so I’ll leave it at that. Thanks in advance for any feedback.