Equis, Symmetry, Assurance, oh my...!

May 27, 2019

  1. Eric Snow
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    Eric Snow New Member

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    So I recently received my life license and am getting lots of pursuit by these 3 companies. I like the idea of working from my home office, but am not sure how to choose wisely with so many options. I've read negative reviews of each of these and more, but have yet to see someone actually recommend a good alternative. Could someone please disprove the critics or offer a better option? Thanks!
     
  2. myinsurebiz
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    myinsurebiz Guru

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    I'll add One Life America to the mix. We have a Career program with FREE leads and a Broker program with street level contracts. Both come with full training & support + bonuses, incentives, trips and more . . .

    We specialize in Final Expense, Mortgage Protection, Annuities, Medicare and more.

    www.facebook.com/AgentOpportunity
     
  3. Rob Lion
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    Assurance wouldn't be a bad option, just found out if you wanna own your own business or be an employee. If you're fine with being an employee join Assurance work there free leads and low commission, If you wanna be a business owner look at some of the other IMOs on the forum.
     
    Rob Lion, May 28, 2019
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  4. cehinton
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    cehinton Expert

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    I work with Assurance and you're not an employee. They go way out of their way to make sure they don't get confused as an "employer". In fact, your "manager" is now simply called a "User Support Specialist". This is to make a clear distinction that you are simply a "user of their platform" and nothing more.

    But you may be meaning "you feel like an employee and not a business owner". In that regards, yes, you are correct. You don't own a book of business to take with you, cross sell, etc. and if that is your ambition (which in almost all cases it should be), you would be serving yourself well to join a more independent FMO, etc.
     
    cehinton, May 28, 2019
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  5. Rob Lion
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    That was the most contradicting thing I've ever heard.
     
    Rob Lion, May 28, 2019
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  6. Eric Snow
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    Cehinton - thank you for your feedback. What has your experience with them been like? Has it been lucrative for you?
    I've been scouring this forum hoping to find someone say that they highly recommend such and such a place, but it seems there is a reticent to do so. I am admittedly new to this profession (having been burned out in mental health) and I see a lot of folks talking about the newbies getting used and fed the "kool aid" of pipe dreams... so I'm trying to do my research to discern the best career path. Any words of wisdom or recommendations from experienced agents would be greatly appreciated. Thanks in advance!
     
  7. cehinton
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    cehinton Expert

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    Yes I would recommend them and here's why:
    If you're new to the industry this will give you ONE product line, and ONE company, and ONE process/system to concentrate on in order to learn the basics of selling Life Ins. Sure the commission level is low. But many people are making a good living in spite of that fact because they are selling 3-5 policies on most days.
    Don't judge the opportunity on my experience b/c I haven't put putting in time on the phones like you should. I have been a pretty minimal participant lately.
    But this would be a great place to get your feet wet, have a decent product to represent, and not get overwhelmed with the myriad of choices that are out there with FMO's, lead sources, etc.
    After you've done it for 3 months, you'll at least feel comfortable selling life insurance, and you'll have just enough experience to more accurately judge the other options in your career. Who knows, you may like it enough, and be earning enough, to stay.
     
    cehinton, May 28, 2019
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  8. Chazm
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    Chazm Guru

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    You mean I get to sell an overpriced product (assumption is probably correct here) while at the same time get very low commissions and it’s never my book of biz to keep?
    Where do I sign up!?
     
    Chazm, May 28, 2019
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  9. cehinton
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    cehinton Expert

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    No, I assumed the product would be overpriced as well. I was surprised to find out it wasn't. But I don't blame you for making the assumption. With a commission rate that low, you would think there's a lot of other problems underneath the hood.
    It's Lumico. Shop them yourself. You'll see they're oftentimes very competitive.

    I just looked at the emails from over the weekend: the top 3 guys working Saturday made an avg of $4700 that day for 8 hours of work. (they probably made more than that, but I was using the lowest commission rate. They're probably much higher.)

    Some people are making $$$.
     
    cehinton, May 28, 2019
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  10. Ernesto
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    Ernesto Expert

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    HUMMM IT'S A WIN WIN SITUATION:jiggy:
     
    Ernesto, May 28, 2019
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