hayley10186
New Member
- 6
I am in serious need of advise. I have been in the insurance industry for 3 and a half years now. I have been only contracted with Aflac up until recently. I have a client with 150 employees that wants me to replace the AGLA life insurance that was written there. They trust me completely to do whatever needs to be done and offer whoever I want to offer. I am looking to contract with another Life carrier to offer them competitive rates in TL and WL with only one carrier. I have contracted with Standard Life but, of course, they only have TL unless you are 50-80yrs old, so I am going to pass on that for this group. I thought I had narrowed it down to NYL because of their Guaranteed Issue WL, however, after meeting with the local manager today and finding out that with a broker contract I will only be compensated 55% for TL and 50% for WL without renewals and I have to write these cases directly with a NYL agent and split the business, I am not so sure I want to go that way anymore. I want to do what is best for my client but I don't want to screw myself over either. I want what is best for both of us. I have considered Mass Mutual because I have read so good threads about them but can I get a broker contract with them and if so, how does it work? Also, do they offer a competitive TL and WL for a 150 man account? If not, what is my best option.....please help.