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

[tins]

Thanks Tins! I will remember to never never never assign my commissions to my upline. Are you contracted with EFES now?

I am not. I do Medicare Supplements as my main business and write a little FE whenever possible.
So, I have no dog in wherever you go. But I have talked to a number of agents contracts with EFES, both in person and on the phone, that have told me they receive great support.
I generally recommend being independent, but only after learning the business. You will make mistakes along the way. That's why it's good to start a place that will teach you how to avoid those mistakes a second time around.
Ask lots of questions. Never be shy about asking for help.

 

[suejay45]

New Insurance Lady the insurance market as a producer is expanding with FMOs, IMOs, and DMOs supporting the "footwork" of producers. Some feel they should charge you upfront for their "back office support" while others are set up differently and support the agent/producers that are writing through their organization free of any charges.

 

[NewInsuranceLady]

New Insurance Lady the insurance market as a producer is expanding with FMOs, IMOs, and DMOs supporting the "footwork" of producers. Some feel they should charge you upfront for their "back office support" while others are set up differently and support the agent/producers that are writing through their organization free of any charges.

Hi SueJay, do you know of any companies that support the agent that writes for their organization free of charge?

 

[Pete Cormie]

Hi SueJay, do you know of any companies that support the agent that writes for their organization free of charge?

Most work freeof charge. The same way you work free of charge for your clients.

 

[jacobtn]

I don't think you know what you're talking about name 1 that charges up front never heard of such a thing

New Insurance Lady the insurance market as a producer is expanding with FMOs, IMOs, and DMOs supporting the "footwork" of producers. Some feel they should charge you upfront for their "back office support" while others are set up differently and support the agent/producers that are writing through their organization free of any charges.

 

[suejay45]

Hi SueJay, do you know of any companies that support the agent that writes for their organization free of charge?

Yes, but I have got to learn how to communicate on this site. I do not know how to PM or to respond. I don't want to loose the opportunity to use this site. If you can help me, I can help you. Again, Yes I do know.

 

[Todd King]

Yes, but I have got to learn how to communicate on this site. I do not know how to PM or to respond. I don't want to loose the opportunity to use this site. If you can help me, I can help you. Again, Yes I do know.

It's very simple. Just tell us who it is.

 

[WinoBlues]

Hi SueJay, do you know of any companies that support the agent that writes for their organization free of charge?

I do not know of any that charge. Well, maybe a bit lower comp if you need a lot of back office. Really depends on what you need.

 

[Bushwaffle]

OK, so I just found this forum and have spent several hours searching and reading. I was quite surprised at the amount of EFES vs Securus threads. And....now I'm concerned. I decided to post in this thread because it somewhat represents the same issues that I was looking for clarity on and if the truth is what I believe it may be after reading so far...I think I'm getting screwed. I've just started running leads after contracting with Securus...and my comp is 55% on $21 fresh leads, local to me, but that I have to contact for appointments. So far they've been fairly weak, with most folks not even remembering that they sent in the card (about 2 weeks prior to my contacting them). I know this because I'm the only rep in my county and the mailing was specifically due to my request. Also, a good many of them were like "oh this is for insurance? I thought it was some free govt thing.."

My concerns:
1) Is my comp ridiculously low?
2) Is this the typical type of response from a "fresh" lead when contacted?
3) I see absolutely nothing about renewal income on the comp plan...at all
4) This comp plan is designed for an agency builder which I am not interested in at all...

So far my upline and the main office have been very responsive and the training has been good...the lead system only requires me to pay as I request leads and I have promptly gotten all that I've ordered and had a few unreachable ones replaced at no cost...but if this comp is truly as out-of-whack as it appears...that doesn't make up for it to me...

So who can steer me clear?
- - - - - - - - - - - - - - - - - -

OK, so I just found this forum and have spent several hours searching and reading. I was quite surprised at the amount of EFES vs Securus threads. And....now I'm concerned. I decided to post in this thread because it somewhat represents the same issues that I was looking for clarity on and if the truth is what I believe it may be after reading so far...I think I'm getting screwed. I've just started running leads after contracting with Securus...and my comp is 55% on $21 fresh leads, local to me, but that I have to contact for appointments. So far they've been fairly weak, with most folks not even remembering that they sent in the card (about 2 weeks prior to my contacting them). I know this because I'm the only rep in my county and the mailing was specifically due to my request. Also, a good many of them were like "oh this is for insurance? I thought it was some free govt thing.."

My concerns:
1) Is my comp ridiculously low?
2) Is this the typical type of response from a "fresh" lead when contacted?
3) I see absolutely nothing about renewal income on the comp plan...at all
4) This comp plan is designed for an agency builder which I am not interested in at all...

So far my upline and the main office have been very responsive and the training has been good...the lead system only requires me to pay as I request leads and I have promptly gotten all that I've ordered and had a few unreachable ones replaced at no cost...but if this comp is truly as out-of-whack as it appears...that doesn't make up for it to me...

So who can steer me clear?

I already started my own thread on this.... "Securus did it again", any further input would be appreciated there...don't want to hijack this thread.