Anyone ever work for Monumental Life?

Jan 27, 2007

  1. hman
    Offline

    hman New Member

    Posts:
    9
    Likes Received:
    0
    I am with an IMO right now. Am considering a switch to Monumental Life. Not sure if I can make enough cash with them since you are captive. Any input would be great.
     
  2. pfsthib
    Offline

    pfsthib Super Genius

    Posts:
    213
    Likes Received:
    0
    If you want to market Monumental you don't have to be captive. I know a couple of places you can get a contract for them.
     
  3. hman
    Offline

    hman New Member

    Posts:
    9
    Likes Received:
    0
    Monumental

    Thanks but I need benefits and they do provide a small base salary to service the book of business or territory they give you on top of commish. I am sick of paying for dead end leads also.
     
  4. fla2cali
    Offline

    fla2cali Super Genius

    Posts:
    115
    Likes Received:
    0
    Where are you switching from? Also, how long you have you been in the business?
     
  5. hman
    Offline

    hman New Member

    Posts:
    9
    Likes Received:
    0
    Monumental

    Switching from the Infamous NAA. I have been licensed since May 2006. I interviewed with Mon Life and am due to start Next week.
     
  6. STIBROKER
    Offline

    STIBROKER Like My post and enter the DRAWING,,,, Moderator

    Posts:
    10,256
    Likes Received:
    239
    State:
    Texas
    Re: Monumental

    awww man.......well here....... we will get the naa homie to pour a 40 in your honor.....



    [​IMG]
     
  7. somarco
    Offline

    somarco That Medicare Guy

    Posts:
    27,891
    Likes Received:
    1,220
    State:
    Georgia
    How big is your debit balance with NAA?
     
  8. James
    Offline

    James Guru

    Posts:
    2,152
    Likes Received:
    0
    They seem to have a full line of business, even though I hear they are out of the LTCi yet they seem to still have it? You have Term, WL, UL, Final Expense, Supplements for seniors don't know if its competitive or not? Simply don't know why you couldn't? What commission are they offering on their Term? Is it greater than 75% or less?
     
  9. hman
    Offline

    hman New Member

    Posts:
    9
    Likes Received:
    0
    Monumental

    Not sure what a debit balance is. And comiss works out to be close to that of a begining contract with NAA. But add in a monthly service salary benefits , pension and stock options.
     
  10. somarco
    Offline

    somarco That Medicare Guy

    Posts:
    27,891
    Likes Received:
    1,220
    State:
    Georgia
    If you have been working for any length of time with NAA, you will soon find out what a debit balance is.

    Their agency advances commissions on life business sold. If you fail to write enough business to offset the cancellations, you owe NAA money.

    As I said, they will tell you soon enough what your debit balance is.
     
Loading...