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The Right Choice

Shurwest (IMO) Files Bankruptcy and MN Life Sues Quantum Alleging Fraud

Click here to download in PDF the lawsuit MN Life filed against Shurwest/Quantum/Ron Shurts.

If you didn’t know any better, you’d think someone made up the story about an IUL Ponzi scheme where clients were scammed out of 100’s of millions of dollars.

Unfortunately, it’s a true but totally avoidable story. Why avoidable? Because IMOs that told agents to sell this garbage only needed to do a few hours of research to determine that it had trouble written all over it from the start.

I personally researched this scheme before it hit the market and I warned those I worked with at the time to avoid it.

This story and others like it is just one reason I finally decided to start an IMO. I never wanted to do so, but in an effort to build a team that would always put the client’s needs first, I was compelled to start one.

That IMO you can read about by surfing this site. If you are tired of wondering if the IMO you are currently working with is one you can trust, look no further (and while you are here, check our some of our industry-best marketing tools and how you can become an owner in the IMO with your business).

Roccy DeFrancesco, JD, CAPP, CMP
Co-Founder–The Asset Protection Society

Protecting Yourself from Lawsuits

The lawsuits surrounding the IUL sales scheme that ended up being a Ponzi scheme should remind everyone that lawsuits are real and always a danger to worry about.

The #1 way to protect yourself from a lawsuit from clients (besides not getting involved in Ponzi schemes) is to document everything you do with your clients. Document your emails, take notes on your conversations with clients, and keep all illustrations, brochures, etc. you give them.

What’s the best way to save this information?  A CRM program! If you are not using one you should start doing so immediately!  That’s why we rolled out the OnPointe CRM “light” which lets you save emails, notes, and attachments (everything you need to start protecting yourself from lawsuits).

Click here to learn more or click here to learn how you can get access to OnPointe CRM for FREE!