September 28, 2023

LIAM: Focus on Hispanic and Latin Americans

In honor of Hispanic Heritage Month, let's take a closer look at this burgeoning population.

The Hispanic or Latin population, which includes people of any race, was 63.7 million in July of 2022, making it the Nation’s largest racial/ethnic minority – 19.1% of the total population. Slightly more than half (51.1%) of the total U.S. population growth between 2010 and 2022 came from growth in the Hispanic or Latin population.

2023 Hispanic Hertigae Month: Did You Know?

Do you have to be a member of the Hispanic community in order to serve it?
The answer is two-part:

  1. Must you be of Hispanic or Latin American descent?  No.
  2. Must you be present and engaged in – a member of – their communities to be successful? Absolutely.

National Hispanic Heritage Month reminds us that the American identity is woven together from diverse traditions and stories. The Hispanic community believes that building a relationship with a financial professional is very important. Their preference is to work with someone who takes the time to get to know them, is visible in the community, and who provides a proper education (versus transactional experience) and exceptional service! Despite the fact that this process may take some time, it also increases your chances of being recommended to family and friends, which is the preferred form of communication among the community.

Watch this dynamic conversation about the nuances of and buying power within the Hispanic and Latin American communities, how their unique characteristics and culture shape your interactions, and the magnitude of the opportunity they present within the financial services landscape.

Featured Piece 

Hopes & Dreams – Your Child’s Future

To view these brochures visit the multicultural section of our website HERE!

National Life offers a variety of in-language resources to support you, your recruits and your customers!

Consumer Marketing Material
From the Agent Portal homepage, navigate to Marketing > Tools & Literature > Multicultural Materials or Click Here.

Agent Training
From NL Edge homepage click on Events or Click Here to register.

Dedicated Spanish-speaking Representatives
on the Sales Desk
in the Contact Center

*https://www.census.gov/library/stories/2021/08/improved-race-ethnicity-measures-reveal-united-states-population-much-more-multiracial.html