Title: The Voice You Can Count On
1The Voice You Can Count On
Educating. Informing. Raising Awareness About
Insurance.
LIFE Foundation Annual Meeting Richard A.
Koob, CLU, ChFC, AEP LIFE Chairman
2(No Transcript)
3140
LIFE Happens for 137 Reasons!
130 Member Companies
100,000 Contributors
140
6 Leading Trade Associations
4Programs and Resources
Media Relations
Advertising
5What LIFE Does!
- Help Consumers to realize their need for
insurance and professional advicenow - Educate the public about insurance fundamentals
- Serve as the voice of the industry to the public
- Motivate and encourage producers to sell
insurance - Produce effective third-party marketing tools
- Mobilize the industry and improve its image
(e.g. LIAM, DIAM, realLIFEstories)
6Awareness Building
7Awareness Building
Not exposed to LIFE banner ad
Attitudinal Effectiveness
417,000
Videos Watched
Exposed to LIFE banner ad
In the next year, how likely are you to consider
purchasing life insurance? ( answering
very/somewhat likely)
Cost to Deliver a Video
7
22
8Awareness Building
Public Service Announcements
Cliff Defore
50k for LIAM DIAM PSAs
Just in case
275M Media Impressions Generated
2.5M Ad Equivalency
9Voice of the Industry
Multicultural Media Outreach
Hispanic Market
Chinese Market
10Educating and Informing
Print Multimedia Pieces
Website Videos
Media Relations
NextGen Videos
11Educating and Informing
Online Voting _at_ www.lifehappens.org
Whos it for?
College students and college-bound high school
seniors
Hows it work?
Young people submit their stories (written or
video essays) about how the loss of a loved one
impacted their lives and chances of a college
education
LIFE Lessons Kids Invited to Facebook the
popular social networking website
1250 entries received in 2008, including 37 video
entries
How many scholarships are awarded?
25 Scholarships totaling 25,000, including two
5,000 Grand Prize Recipients
Leah Thompson Lebanon, Ohio
12Educating and Informing
High School Education Program
New 3rd Edition coming soon
Web-based
Next Generation 2nd Edition
Interactive
23,600,000 Students Reached
Videos
49,200 Teachers Reached
Artificial Intelligence System
787,300 Classroom Showings
Sharina and Jayson help explain the life
insurance message of Life Insurance 101 from the
teen perspective.
13Educating and Informing
Community College Education Program
14Educating and Informing
LIFEs New Website!
www.lifehappens.org
2008 Winner Award of Excellence
153rd Party Marketing Tools
163rd Party Marketing Tools
Idea Exchange Site www.lifeexchange.org
Company Section Features 300 Marketing Samples
Generated by Companies During LIAM
Agent Section Features Dozens of Sales Ideas for
Agents
Company Agent Sections
Recent Updates
Turnkey Kits
17The State Farm Model
- State Farm makes LIFE educational materials
available on their internal Online Agent Catalog
System. - Original plan was to order 50,000 of each piece
on a quarterly basis. High demand caused them to
sell out in only 20 days forced them to reorder
150,000 per piece (600,000 total).
18The Prudential Model
- Prudential uses LIFEs 3rd party materials by
licensing and reprinting them with their logo
info
- Over the period of a year, Prudential has
licensed 9 videos and over 10 print materials
- Their Group Disability department uses the
licensed LIFE materials with major companies such
as IBM
193rd Party Marketing Tools
Free eCards
www.lifehappens.org/ecards
20Mobilize the Industry
First Prize at the PRSAs Big Apple Awards
Recognizing Excellence in Communications
Programming
21Mobilize the Industry
- April Holmes
- Worlds fastest female amputee
- Will compete in Beijing
- Centerpiece for media and industry outreach
efforts
April 7.2M media impressions DIAM 23M media
impressions
22What Others Say
Broadcast Outreach
Scott Hamilton
Marilu Henner
Molly Shannon
Kwame Jackson
37 Sales Increase
April Holmes
Mike Nolte
20 Sales Increase
73 of Advisors Surveyed Report a Boost in
Sales
232008 LIAM Spokesperson
And this years LIAM spokesperson is
24Donnie Wahlberg!
25LIFE in the Fast Lane