- 11,280
Re: Bankers Life and Casuality
What state are you in?
What state are you in?
Bankers Life and Casualty?
- Thread starter rcm20
- Start date
- 1,070
Re: Bankers Life and Casuality
Work for yourself. You can get 100% commissions and build your own downline.
Work for yourself. You can get 100% commissions and build your own downline.
- 11,280
Re: Bankers Life and Casuality
How do you still a commission? Any upline basically steals your commission unless they are helping you with training or marketing. The place I worked really chopped the agents commission but I learned a lot. I sold FIA there and got paid 3.5% commission. Street level through a FMO was 8%. WOW. So if I sold a $100k annuity, I recieved $3,500, they recieved $4,500. Something's wrong when they make more off of your sale than you do.
But, I did recieve good training and lots of leads for a short time.
How do you still a commission? Any upline basically steals your commission unless they are helping you with training or marketing. The place I worked really chopped the agents commission but I learned a lot. I sold FIA there and got paid 3.5% commission. Street level through a FMO was 8%. WOW. So if I sold a $100k annuity, I recieved $3,500, they recieved $4,500. Something's wrong when they make more off of your sale than you do.
But, I did recieve good training and lots of leads for a short time.
- 11,280
Re: Bankers Life and Casuality
Did you start on your own? That would be pretty tough.
Did you start on your own? That would be pretty tough.
- 1,641
Re: Bankers Life and Casuality
I started on my own. Very uphill, but with a bankroll or another source of income, and determination, it can be done.
I started on my own. Very uphill, but with a bankroll or another source of income, and determination, it can be done.
- 11,280
Re: Bankers Life and Casuality
I am sure there are some who have done it on their own. I am sure the failure rate is higher that way. Congrats Mr. Kim
I am sure there are some who have done it on their own. I am sure the failure rate is higher that way. Congrats Mr. Kim
G
Guest
Guest
Re: Bankers Life and Casuality
Cakes...I went throught BL&C...sorry I did(for what little training I received)...left there, went independent ... have never looked back.
If you're looking for training...go to a captive company that will pay you for 3-6 monthes, (ex. Country Companies...)work there for 6mos - 1 yr, for the training only....then run...don't walk, and go independent(if you can discipline yourself)....you'll never regret it.
Cakes...I went throught BL&C...sorry I did(for what little training I received)...left there, went independent ... have never looked back.
If you're looking for training...go to a captive company that will pay you for 3-6 monthes, (ex. Country Companies...)work there for 6mos - 1 yr, for the training only....then run...don't walk, and go independent(if you can discipline yourself)....you'll never regret it.
- 7,066
Re: Bankers Life and Casuality
Three years is way too long to wait to go independent unless you will be fully vested by then. If not, you will walk away from a lot of renewal money and most likely will find that you can't afford to do that and start all over again.
You should be able to learn the basics of everything you need to know in three months.
I would also suggest that you stay away from Bankers.
Three years is way too long to wait to go independent unless you will be fully vested by then. If not, you will walk away from a lot of renewal money and most likely will find that you can't afford to do that and start all over again.
You should be able to learn the basics of everything you need to know in three months.
I would also suggest that you stay away from Bankers.
