Bankers Life
- Thread starter tnks2hp
- Start date
- 9,744
Nothing negative? I would dig a little deeper.
- 8,707
Your kidding right? Your online research has not brought up anything negative about Bankers Life?
bankers-life | Ripoff Report | Complaints Reviews Scams Lawsuits Frauds Reported
Employment Hiring Scam
Bankers Life & Casualty scam
That was just three quick google searches....a quick search of this forum reveals
http://www.insurance-forums.net/for...discussions/bankers-life-casualty-t48490.html
http://www.insurance-forums.net/for...ankers-life-casualty-good-newbies-t33107.html
There are many more I am just am little just a little lazy with the cut and paste right now.
Please don't mistake this as an attack I just don't want to post the same responses to the same questions over and over again. I will say this for Bankers like every other insurance carrier I have worked with I took something away from my experience with Bankers.
PFG Agency
Expert
Lower than street comp, captive product line, and from what I've heard from agents a lack of leads! Again, I have no personal experience with them, this is just opinion of 3 of our agents that are forming Banker's agents. I could get you their contact info if you'd like a one on one q&a with them!
- 16,880
This one is popular for researchers who get tired of reading.
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I have never been contracted with Bankers Life, but my first gig as an insurance agent was with a couple of former BL agents that started their own Great American agency and from the various forums I have read here about BL and my experience with these two, I would say run. Run fast. Run far. If you happen to run into any GA guys, keep running. That's just my experience, though.
If you are wanting to get into the insurance business, find an independent agent in your area that will take you in. Expect lower than street comps, but at least you will get some of the better training.
BL and GA agencies are in the business of finding new agents, running them through the ringer with junk leads, leading them on making them think that if you just hang on a few more months, you will start to really get into the money. What ends up happening more often than not is the new agent ends up broke and moves on losing any business drummed up. Those commissions stay with BL and GA, the newbie gets a swift kick in the fourth point of contact. BL and GA really don't give a donkey about your success, they have new agents lined up to continue the scam.
I might be a little biased after getting burned and someone here can stand up for them. I wouldn't sit around waiting, though.
RichJ
Expert
- 55
Thanks for posting this Newby.
I had an appointment with them on Wednesday which I think I'm going to take a pass on.
THIS was disturbing.
- Thread starter
- #8
Run away don't walk.
- 8,707
xrac said:
I guess I take a somewhat different take. I spent about 4 months with Bankers at the begining of my career. I learned some valuable skills of getting on the phones and making those appointment calls....I also learned how Bankers works and it has been a good way of things to avoid. Like every company I have worked "with" I have learned something from the experience.
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