Florida FE - How Does Monumental Stack Up?

[KJ in Miami]

What about Monumental's mailer for $275 for 1,000 pieces, worth it?

 

[Todd King]

What about Monumental's mailer for $275 for 1,000 pieces, worth it?

It's $300 now. I do have many agents using it and they seem to like it. The only problem I see is that they only have one type of mailer to choose from. It still works though.

 

[Mark]

What is the rate of return, about .05% right or is it better?

 

[magagent]

Yep, let Foresters, RNA and some others decline some of your less healthy clients and you won't think Monumental is so bad then.

I started in F.E.(recently licensed) just a few months ago. Monumental contract..105%. I have a few other contracts at the same level, but for a person funding their own advertising, Monumental has been great. Fast issue, fast pay, and they always take time to talk to you. I have left several msgs with other companies that I am contracted with when I would have questions, only to get a call back the next day...Two thumbs up for Monumental in my book.

 

[Todd King]

What is the rate of return, about .05% right or is it better?

Different return rates for different areas. I've not heard of someone getting lower than .5% return though.

 

[BeantownExpress]

They average a little under 1% for a return. The lowest return I have seen is .6% but that was in S. Florida which can be tough to mail into.

 

[Mark]

What is on the mailer piece?

 

[Newby]

What is on the mailer piece?

It's just the typical FE mailer. It does say Monumental Life Insurance Company is real small print at the bottom.

They have a good add-on sales tool with the Legacy Safeguard benefits. Pretty good company overall. I wouldn't want to have to sell them exclusively though.

 

[BeantownExpress]

Mark, if you would like a PDF of the lead card Monumental is using let me know and I will send it to you.

 

[KJ in Miami]

CAn I get one too?

Mark, if you would like a PDF of the lead card Monumental is using let me know and I will send it to you.