Assurity Vs Colonial and AFLAC

[myinsurebiz]

Assurity is leaving the worksite market soon. Aflac is the elephant in the market, but Colonial is more respected in most markets with the broker community and municipalities. I would start my career with AIG if I was new to the market. Several reasons including paid training. Drawback there is their name is mud in the general public.

This was 2010 and Assurity is still in the biz . . . What happened?

 

[VolAgent]

Nothing wrong with MLM so long as there isn't a fee to join or a fee to earn.

If you think about it - the Insurance Industry has been a MLM since inception. they just call it a Hierarchy with FMO's, IMO's, Idaho's and then the Agents with multiple earning %'s in between them all . . .

MLM is not necessarily a bad thing. As you mentioned, Insurance is an MLM. The problem comes in when the focus moves from the actual selling of a product to pure recruitment.

That is the difference between say EFES, FEX, 360, etc. and Primerica. The FE IMOs want to actually sell some insurance besides just bring on more people. Primerica really is happy bringing on more agents with little focus on actual selling.