Final Expense Companies to Consider? Should I Go with an IMO?

[NewInsuranceLady]

I am new to the insurance business. I've had my license for about a year. I want to get into selling Final Expense but want to know from some GURU's on here and everyone else with experience, can you guys pass me some recommendations for Final Expense companies and or IMOs to consider contracting with. Thanks for helping the NewInsuranceLady get started properly!

 

[NewInsuranceLady]

Thanks for responding and welcome to the site! I'm new too so I can't PM you so I will try emailing you.

 

[pcbinsurance]

Welcome New Insurance Lady. I believe the following link will provide you the best framework of initial (and some in-depth) knowledge you will need regarding Final Expense. It's inexpensive to join too:

Final Expense Insurance Sales Training – Quotes, Marketing, Leads

 

[NewInsuranceLady]

Thanks Steve! I'll be sure to take a look at the link.

 

[Josh]

I am new to this site but I have been selling FE for over 5 years. I can share but I don't know how to contact you. My email is [email protected].

Who you use in NY is likely to be very different than the other 49 states.

 

[Josh]

Not necessarily. Foresters and Columbian Financial Group are writing in NY and several states as is Liberty Bankers. Correction, Liberty does not write NY.

There are some NY carriers that sell elsewhere, but there are TONS of FE companies that aren't anywhere to be found in NY. If someone is starting FE outside of NY, they really should be working with folks that are familiar with the other carriers.

 

[NewInsuranceLady]

Hi Josh,

I'm in MD. What information are you able to offer? What carriers are you familiar with?

 

[Josh]

Hi Josh,

I'm in MD. What information are you able to offer? What carriers are you familiar with?

There are a number of recruiters that do very well with the different carriers. I would strongly recommend Final Expense Contracts | Life Insurance Agent Contract and http://fexcontracting.com/. Both are great guys that offer good contracts.

 

[NewInsuranceLady]

Thanks Josh, I'll be sure to check them out!
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HoosierLife I got your PM but can't respond. I'm working on getting my post count to 20. But thanks I'll check out the info you provided me.

 

[jdeasy]

I am new to the insurance business. I've had my license for about a year. I want to get into selling Final Expense but want to know from some GURU's on here and everyone else with experience, can you guys pass me some recommendations for Final Expense companies and or IMOs to consider contracting with. Thanks for helping the NewInsuranceLady get started properly!

I am biased towards EFES but they are not the only game in town.

Depends on your endgame. Do you want to be a fulltime FE producer writing business with your own pen or do you want to an FE upline/manager?

Different answers for each situation. If it's producer then EFES hands down.They have the best lead system and a proven track record for training and support.

They are not for the part time agent though. There is nothing wrong with adding FE as a sideline to other business but it's what one wants to do then definately do not get on the EFES lead program.

If the endgame is to build a team then I would not recommend EFES for that either. It's a system for the producing agent. Not for management wannabes.