Well, they are still "vested".They are just not paid to the agent that wrote the business.
You nailed it, since 99% of agents quit within the first 6 months the manager gets stuck with all the bad business they write and roll eventually
Best Final Expense Company For Newbie?
- Thread starter ForeverAngela
- Start date
You nailed it, since 99% of agents quit within the first 6 months the manager gets stuck with all the bad business they write and roll eventually
Good is relative....or is the real question "are relatives good"? Depends on if they like pizza or not, me thinks. It's not that mushrooms taste bad....it's that they sit there and stare at you while you're trying to eat them.
Umm....well, anyway.
Thought that was anchovies .. ugh!
- 9,744
No need to get your panties in a bunch. By far the best company for a noob is the one that will assist you in getting in front of a regular stream of new prospects - THE most critical thing in the business.
How do you start your own company if you are locked in for 1 year?I agree with you. Any one agent that doesn't produce at least as much as LH produces is a part timer. I have confidence that MGA produces at least 20 million in premium a year... She should start her own company.
- 582
Learn the basics over at finalexpense101.com or wherever you'd like. Buy leads (mailers, press 1, whatever) get on the phone and make appointments or go knock on the doors of those that sent back a mailer.
If you are good with people and ask the right questions over the phone before the interview the product practically sells itself.
Don't do like I did and sit on your ass for months just reading the forum all day trying to "figure" it all out before seeing a client. Trust me, after a few videos (which you can find for free on youtube) and some sound advice given by agents here you can either do it or you can't.
You don't need NAA, LH, or anyone else to hand hold you through the process. You have to be a go getter to make it in this business anyway so start go gettin!
First appointment I went to went as smooth as butter and I sold 2 policies with Forethought. It's amazing how 90% of it was just sitting and talking and building a relationship. That was easy, and even easier was actually "selling" the product. Once they have told you they want to leave something behind for their kids or it's important to them to have their burial costs taken care of you are pretty much going to walk out of there with a policy.
So far the only time I haven't sold something is because they simply don't have a bank account and literally no way of paying the premium. But even those potential clients aren't completely dead in the water because by the end of the appointment they felt more then ever it was important to have this policy so they are going to the bank this week to setup accounts JUST so they can get it.
It really is easy. Too much time spent here on the forum or reading will like psych you out and make you worried or something.
Only thing "hard" about this business is if YOU are not well spoken, don't get along with people, don't have a pleasant personality, or have bad hygiene or something.
I guess the other hard part is motivation and being a self starter. If you don't have that than you are screwed too. NAA, LH, and other places give the illusion that they will guide you and help you with all that but I call bull. Even under an IMO or whatever your typical day will be similar to that of an independent agents: calling leads, running leads, etc. Difference is you make less commission and might have lead debt
Learn the basics over at finalexpense101.com or wherever you'd like. Buy leads (mailers, press 1, whatever) get on the phone and make appointments or go knock on the doors of those that sent back a mailer.
If you are good with people and ask the right questions over the phone before the interview the product practically sells itself.
Don't do like I did and sit on your ass for months just reading the forum all day trying to "figure" it all out before seeing a client. Trust me, after a few videos (which you can find for free on youtube) and some sound advice given by agents here you can either do it or you can't.
You don't need NAA, LH, or anyone else to hand hold you through the process. You have to be a go getter to make it in this business anyway so start go gettin!
First appointment I went to went as smooth as butter and I sold 2 policies with Forethought. It's amazing how 90% of it was just sitting and talking and building a relationship. That was easy, and even easier was actually "selling" the product. Once they have told you they want to leave something behind for their kids or it's important to them to have their burial costs taken care of you are pretty much going to walk out of there with a policy.
So far the only time I haven't sold something is because they simply don't have a bank account and literally no way of paying the premium. But even those potential clients aren't completely dead in the water because by the end of the appointment they felt more then ever it was important to have this policy so they are going to the bank this week to setup accounts JUST so they can get it.
It really is easy. Too much time spent here on the forum or reading will like psych you out and make you worried or something.
Only thing "hard" about this business is if YOU are not well spoken, don't get along with people, don't have a pleasant personality, or have bad hygiene or something.
I guess the other hard part is motivation and being a self starter. If you don't have that than you are screwed too. NAA, LH, and other places give the illusion that they will guide you and help you with all that but I call bull. Even under an IMO or whatever your typical day will be similar to that of an independent agents: calling leads, running leads, etc. Difference is you make less commission and might have lead debt
Well said,this could be classified as a FE gem.
- 19,647
- 344
Come on JD, he gave you an out: "Learn the basics over at finalexpense101.com or wherever you'd like."
Jodi still got you gassed up?
I think puppy wrote a gem also.
Jodi still got you gassed up?
I think puppy wrote a gem also.
- 19,647
Come on JD, he gave you an out: "Learn the basics over at finalexpense101.com or wherever you'd like."
Jodi still got you gassed up?
I think puppy wrote a gem also.
Never has had me gassed up. I just think if one is seeking for advice in the FE market they should get it from someone that actually works successfully in the FE market instead of from a piker.
Except for the 101 thing, that is.
JD you are as sharp as a razor.
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