Final Expense Chargebacks

[jdeasy]

Doesn't $2000 ap per week = $100,000 ap per year rather than $400,000 per year? Typo?

No. It's a different stat. EFES has a weekly streak chart. That means he hasn't done less than $2000 in a week for 100 week straight.

For the year, he has dome $440,000 this year and he did $410,000 last year.

He has been with EFES for just a little over two years now. He has written just shy of $900,000 ap in that time.

That $2000/wk steak is impressive to me. Before him, the record at EFES was 56 weeks.

 

[usakr]

He has 13 apps for the month and $19,285 in ap for this month. He's averaging $123.00 a month in ap. How does that business stick? He's working the same demographics as everyone in the FE market. And it's not 15-50k it's 0-50K lead mailers. He's definately showing what the possibilites are in this market. He wrote over $13,000 of that this week.

 

[jdeasy]

He has 13 apps for the month and $19,285 in ap for this month. He's averaging $123.00 a month in ap. How does that business stick? He's working the same demographics as everyone in the FE market. And it's not 15-50k it's 0-50K lead mailers. He's definately showing what the possibilites are in this market. He wrote over $13,000 of that this week.

He's a freak. I'm glad you siad it show what's "possible". It is not reality.

If a person sets their sites on what he is doing, they will fail. He is far outside the norm that it's almost unbelievable. If I didn't know him, I probably wouldn't believe either.

For example, he is is number 1 for the year with EFES. I am number 2. He is double my production. Number 3 is $9,000 behind me and 10th place is $55,000 behind me. He has lapped the field.

 

[theinsuranceman]

So how does he get $100+ premium per app? I believe if I was with EFES I would pay him to let me shadow him for a week. Would be an excellent investment. Just write 3 apps per week and have almost $4k in production.

 

[WinoBlues]

His renewals have to be the "average" agents FY income.

No. It's a different stat. EFES has a weekly streak chart. That means he hasn't done less than $2000 in a week for 100 week straight.

For the year, he has dome $440,000 this year and he did $410,000 last year.

He has been with EFES for just a little over two years now. He has written just shy of $900,000 ap in that time.

That $2000/wk steak is impressive to me. Before him, the record at EFES was 56 weeks.

 

[jdeasy]

So how does he get $100+ premium per app? I believe if I was with EFES I would pay him to let me shadow him for a week. Would be an excellent investment. Just write 3 apps per week and have almost $4k in production.

He does allow agents to travel with him. I know of of four that have spent a week with him on the road, running appointments.

They all say it help them. None of them are getting anywhere near $100/mo. average on their apps.

I have heard his presentation, I have seen his presentation first hand and he is just a freak as I said before. He starts at $200/mo. with everyone. I would toss him out of my house if he started that stuff with me as a prospect, that's a big reason why I can't do it his way. But, it works for him. He doesn't get thrown out of homes. No one else can do what he does. That's why he's a freak.

 

[jacobtn]

My avg is about $50/mth, but I do have a lot that are $100/mth.? I am at $130k this yr AP. But I write mainly Med Supp and annuities.

 

[0b1kanobee]

My avg is about $50/mth, but I do have a lot that are $100/mth.? I am at $130k this yr AP. But I write mainly Med Supp and annuities.

You write annuities and you are only at 130K for the year?

 

[jdeasy]

You write annuities and you are only at 130K for the year?

I'm sure he meant he is at $130,000 ap on FE since that's what the thread is about.

I'm at $60/mo. average this year and that's high for me. I'm usually at the $50/mo. I've had several large cases this year that bump my average. Most FE agents are going to be around the $50/mo. average. I said before, the guy doing a $100/mo. average is a freak.

 

[Newby]

I write a lot of large ones and a fair amount of small policies also.
I have only had one large case fall off that I can ever remember. She canceled when she recieved the policy.
Any lapses or cancelations I usually get are the small cases (20 to $50) monthly.
I don't sell premium. I fact find with them to see what they want the insurance for and then quote whatever amount they need to pay per month to get there. I also encourage 10 pay, 20 pay and single pay over lifetime pay unless they are over age 76.
My average AP on FE is $740 for 2010 but there are a lot of $20 and $30s monthly mixed in there too.
I've had several that are over $250 monthly and they are more solid in my experience than most of the $20 are.