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Me112233
Guest
I don't think your working with the same ameri-life we're talking about. If you get your commissions straight from Foresters,that would'nt happen with Ameri-life group. The agency we are talking about has you sign "the blues" which is a non compete contract saying if you leave they get to keep your money and you can't contact any client you wrote while "employed with them". They pay you a percentage of the commission while waiting for the policy to get approved, then you get the remainder if they have'nt taken all their fee's out by then. You are always behind the eight ball with this company.
It's like Hotel California, you can check out anytime you like, but you can never leave!! Your held hostage by the $ "you owe them" . I am waiting for a bond statement from them so I can see where I owe them. They are trying to hold me up from working by saying I owe them, which is not true,and insurance companies won't contract with me as long as I am on the VECTOR list. You are much better off through an FMO and companies that pay as earned. This way there are no guesses and you know exactly what your making.
It's amazing how they can really mess with your life. Stay tuned, I am trying to start a class action suit against them and I have 100's of former ameri-life agents waiting to jump on!!!
Have a good day!!!
Amerilife does, sometimes, contract agents with "direct" contracts. They often do this acting in similar capacity as a NMO, typically with agents who live in areas that no sales office. Also, some insurance carriers frown on the marketing organization getting assignment of the writing agent's share of the commission, as when a lawsuit gets filed, the insurance company gets dragged into it, too. They can still block your ability to get released to sell through another channel for the same insurer.
Still, that doesn't stop them from doing you dirty. A trick the played one me was to e-mail me commission schedule "A", then substituting lower commission schedule "B" when forwarding the contracts to the insurance company. A few months later when my commission checks started coming in, I discovered that I was getting paid at a lower commission. Of course, I stopped writing any new business, but I was ripped off for the difference between schedule A and B.
DO NOT TRUST AMERILFE. RUN AWAY AS FAST AS YOU CAN. DON'T BE TEMPTED, YOU ARE DEALING WITH THE SILVER-TOUNGED SPAWN OF SATAN. THEY WILL TELL YOU WHAT YOU WANT TO HEAR TO GET YOUR CONTRACT, THEN DO ROTTEN STUFF TO YOU ONCE THEY HAVE YOU IN THEIR TRAP.