Anyone Deal with Lifetel Web or Lifetelinsure.com?

Mikeyv thank you for your candid response--I appreciate it kindly. I've been in the insurance industry all of three months LOL...and it appears to be like any sales position. There is a bit of a learning curve and I would like to start making money so that my husband won't continue to think I am crazy for not throwing in the towel! Could you provide me with some best practices--do's and don'ts per se? I have read all of the posts; the good, bad, and the trolls, which I appreciate... Yada yada yada...Also, I live in Nevada-- do you recommend getting non-residence licenses?

Here's what I can tell you. Sales is a tough job, whether you're selling insurance or anything else. Personally, I think that's a big part of what goes wrong for some of those who try their hand at sales and just really don't understand what it takes to succeed. Sales can be incredibly rewarding, from an enjoyment of the work standpoint and feeling like you're growing in an actual profession, it can certainly be incredibly profitable and, for me, I've never done anything else and I've never wanted to do anything else. With that being said, you have to understand a few basic principles going in. First, you have to believe deeply in yourself and really know what your true strengths, weaknesses and abilities really are. You have to be honest with yourself and you also need to be your own harshest critic always. You can always grow, learn something new and get better. Second, you CANNOT be a quitter. Third, you also have to really understand that in many ways, I mean in the actual day to day of you just dealing with and interacting with customers, we're mostly out there on our own. I don't care what group you work with and how hands-on or hands-off they might actually be, when the real selling work needs to be done we're all lone wolves. That's another of my pet issues is this supposed idea of some kind of buddy selling system. You need a buddy just to run with, keep you motivated and compete against. That's healthy. A "buddy" who wants to mope, make excuses and just wants to commiserate with you during the lows can be deadly. As the greats say, "there are the extreme highs, and there are the very low, lows", but you truly don't need any outside influence to accentuate either one. Deal with them both in your own way. Bottom line, stay focused. "Keep your head down", as they say. Keep plugging away EVERY day. Be aggressive, be ferocious, be tenacious, BE greedy, STAY hungry, always "play the numbers" and just ALWAYS know that your girlfriend, boyfriend, best friend and ESPECIALLY your spouse will never understand what we actually go through and deal with on any given day. Unless they've been successful in sales themselves, it's just a language that they really don't speak or understand. They only understand sick days, paid days, paid vacations, holidays and time cards which we don't really get any of LOL. "Stay in your own head" in sales is my favorite expression ever said to me and block out all of the other noise. Beyond that... Just follow the system ;)

Oh, and yes, having some states in some different time zones to call is always helpful.
 
I've been "in the business" for 18 years. Can anyone message me and let me know if this is a bogus "opportunity" or not? Thanks!

Completely legit opportunity. I've been with the company just over a year and have posted in this thread off and on practically from the day I signed up. You can see all of my prior posts and everyone else's of course, by reviewing the entire thread. And if possibly looking at the company, you should read the whole thread. As another poster said, you can see the positive, the less so and the trolls. LOL. All and all though, I think there's been some very helpful feedback and some very good insights product wise and otherwise from some of the posters and some of the more seasoned pro's. View it for yourself :)
 
Signed up today - going through the training. Appointments with carriers tomorrow. Here goes...:skeptical:

Let me give you this tip to help you. The quickest, fastest way to get your feet under you is to focus on the term products first. Keep it simple, sell basic plans initially and sell as much of everything without an exam as you possibly can. Don't try to jump into too much too fast. They'll never tell you you're not able to sell this carrier or that, this product or that, but don't let so many options and choices be your undoing. Basically what I'm saying is don't let the quote engine pull you in too many different directions, just because this carrier this time is a dollar cheaper or a few cents cheaper, whatever. Pick a pet, bread and butter carrier and product and just try to write the hell out of it. Push hard for every application, especially at the onset, and try to always get the wife or the husband also and keep that application count up. Start your focus here and you can ramp up much quicker :)
 
Tahoe Ray, did you ever write this case? Is the GUL you were referring to with Sagicor? Who would you say in your opinion has the best IUL these days? Thanks for your feedback :)

North American .. Allianz .. Lincoln Financial ..

Penn Mutual as well but you probably can't get that through your IMO
 
Stay away.

I'm sure it's true a lot of people have done business with LifeTel and have had no problems. I ran into a snag, and it revealed the character (or lack thereof) of Elly Weatherby. After they took my money, I discovered that several of the main carriers they use I was already appointed with through another agency and concluded I wouldn't be able to write enough business for LifeTel off of LifeTel leads.

Now I could have just taken their leads and wrote business for myself cutting LifeTel out. But as LifeTel insists they make their money off the business agents write rather than the fees they charge agents, I explained that I wouldn't be able to give them what they need using their system and rather than go forward (I didn't even start any of the appointment paperwork) I emailed Elly letting him know I had to drop out of the program and requested a refund.

He wasn't willing to do that. And he stopped returning my messages. It seems as though he really does need those fees from agents a lot more than he lets on. Had he refunded me, of course I would have come back at a future time when the conflicts no longer existed. But now, there is no chance I will ever do business with this group.

Let me be clear. They took my money. I received no leads. I received no training. The two things they said the fee was for. And I'm in a position where I am unable to write them the $5k in AP to get it bonused back to me.

Like I said, I imagine most people won't have the specific conflicts I had and won't experience problems. Just beware the lack of ethics on the part of the President, and don't be surprised if that doesn't permeate the culture.
 
This is exactly what I've been talking about with some agents. The ever present one-side personal slant that seems to always take place. Let's really be clear on some things.

It's always interesting to me, and I experience it now myself on occasion, they "took my money". As if you didn't voluntarily join and pay the program fee and provide the payment info. "Took my money" sounds better, though (better effect).

You suddenly discovered which carriers were their primary carriers and were completely unaware until you joined the program. Isn't there a written outlay, a 1 1/2 hour long presentation and an interview process where all of that is discussed? But you missed all of that and were completely blindsided. Intriguing.

I like how you say that "you could have just taken their leads and cut LifeTel out", but you're so stand-up that you chose not to do that. You did mention it though which means you probably considered it. That, by the way, would have been the utmost unethical thing you could have done, but it's also intriguing that you brought it up. What does THAT say about character.

Now, the "Elly" issue. You emailed Elly and explained to him that you couldn't move forward in the program because of carrier conflict issues? You actually had an exchange with Elly and ELLY and you concluded there was no way for you to work in the program because of carrier conflicts?? Are you aware that they have almost every company known to man to write with?? Just for one example, if you can't write Phoenix (discussed in the thread here), you can write Foresters, Assurity, ANICO, Mutual of Omaha, Sagicor (being heavily promoted with them right now) and on and on. I seriously doubt that you discussed anything with Elly regarding contracting conflicts. Clearly, I wasn't part of the discussion, but there's just no way that kept you from working the program. Bottom line, they don't just have 3 companies to sell through.

Most amusing is "of course I would have come back to them down the road to sell with them after my conflicting issues cleared themselves up". Hahaha! Absolutely, OF COURSE you would have. That's goes without saying because you've already established that you're that stand-up and obviously the guys at LifeTel know that.

Sounds without a doubt like you did what too may people do which is you didn't pay much attention to any details before and after you joined. And, as I said, carrier contracts and companies to sell with would have never been a factor in keeping you from working in the program. Anyone who knows LifeTel knows you didn't discuss anything like that with them. Lastly, the program fee isn't for training and it isn't for leads. It's to keep people from making a commitment going in and then flaking early on before any business is written. Do you have any idea how big that problem is throughout every agency? I don't care if you're LifeTel or anybody else. You hire and try to train agents and get them producing, you put all kinds of time, effort, energy and money in to them and then too many cower and come up with the lamest of excuses. You joined, you flaked, you gave the untrue excuse (to us) that you couldn't find companies to sell on the program among probably over 40, they didn't refund your flake fee and now you're calling in to question the "character" and ethics of truly good man. Shameful! But at least you didn't take their leads and just cut them out. Good for you :no:
 
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