Beginner's Guide to Insurance MLM
- Thread starter wfs
- Start date
- 8,707
Chazm said:
My info is old but in 2000 they would give a percentage for a period of time additionally at least in my office if you brought someone in they would make you and ADA agent development associate first rung of management which included overrides I think in the 15% range.
jfrancis6
New Member
Interesting post. How about Unique Underwriters? I didn't see them mentioned.
- Thread starter
- #64
- 344
Added Hubert Humphrey's new company to the list - HGI.
Hegemon Group International.
Hegemon Group International.
New to the site.
I was approached by a agency wanting me to start selling IUL's. The agency was contracted under the Alliance Group in Atlanta, Ga. They were clearly set up as some type of MLM. The company has provided excellent training up to this point on IUL's and life insurance with living benefits. They seem to have several good marketing options to get folks interested in their products. A few weeks later, I was informed that they were changing directions and would now be contracted through First Financial Securities. They are offering us a strong product line, including several recognized life and annuity companies. After doing some research on here and other places on the internet, I am finding a lot of negative posts regarding FFS. Just wanted to get some opinions on whether this would be a good avenue for an agent to break into the life insurance market.
I was approached by a agency wanting me to start selling IUL's. The agency was contracted under the Alliance Group in Atlanta, Ga. They were clearly set up as some type of MLM. The company has provided excellent training up to this point on IUL's and life insurance with living benefits. They seem to have several good marketing options to get folks interested in their products. A few weeks later, I was informed that they were changing directions and would now be contracted through First Financial Securities. They are offering us a strong product line, including several recognized life and annuity companies. After doing some research on here and other places on the internet, I am finding a lot of negative posts regarding FFS. Just wanted to get some opinions on whether this would be a good avenue for an agent to break into the life insurance market.
- 17,063
Any MLM type agency is bad. If they want you to recruit agents when you don't know anything except what they have taught you (very limited) it is a sham. There are MANY of them in the insurance industry.
ins4every1
Expert
- 22
I was looking @ Bankers until I saw their "F" BBB Rating.
MINewBeginning
Expert
- 81
Awesome, I'm going to built my biz on this concept.
Last edited:
- 9,744
An amateur's comment. "BBB" rating is worthless, insurance companies are state-regulated by insurance commission (much tougher than BBB) - therefore held to a higher authority.
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