In most contests where the grand prize is anything like a new iPad2, you’d likely be competing against hundreds or even thousands of other entrants.

In our LIFE NOW! Video Contest? You’re looking at beating out maybe 10 or 20 other entrants. There’s no missing zero there — 10 or 20! Where are you going to find a better chance to win an iPad than that?

All you have to do is submit a YouTube-type video answering why right now is the best time to buy life insurance. Just show us how you prevent prospects from procrastinating on this most important decision.

You still have time to create and submit your video — but not a lot of time. It has to be in by the end of the month — midnight, next Wednesday, Aug. 31.

Once the deadline has passed, our editorial staff will determine the finalists, which will be posted on our Web site in early September. Reader voting will then help determine the winning video, and a shiny new iPad2 will be awarded to the best. The winner will also be featured in an upcoming issue of Life Insurance Selling!

So, if you are one of those people who doesn’t enter contests because of ridiculously poor odds of winning, this contest is for you. Don’t be the person who watches the winning video and says, “I could have done better than that!” Get us your video, help your fellow producers with your insight, and there’s a good chance we’ll hook you up with the hottest gadget around — gratis.

If you have any questions or problems submitting your video, notify us using the comment tool at the end of this article.

To read more from Brian Anderson, click here.