For New Final Expense Agents: 4 Final Expense Contract Scams To Avoid

[chasejordan1]

DOI's wouldn't like this . . . This agent may go to jail.

This agent would be sued to high heaven if they did this to my agency . . .

Go to jail? SMFH

Are you really this dumb? Say it ain't so!

 

[Todd King]

DOI's wouldn't like this . . . This agent may go to jail.

This agent would be sued to high heaven if they did this to my agency . . .

This happens in captive type situations more than you know!

 

[myinsurebiz]

Go to jail? SMFH

Are you really this dumb? Say it ain't so!

You can't roll over a policy for the sake of commission. That is illegal in Georgia and the Agent very well could go to jail . . .

 

[Todd King]

You can't roll over a policy for the sake of commission. That is illegal in Georgia and the Agent very well could go to jail . . .

I'm pretty sure it's illegal in every state....but still....it happens.

 

[chasejordan1]

You can't roll over a policy for the sake of commission. That is illegal in Georgia and the Agent very well could go to jail . . .

This is how ignorant you are you're selling a telesales product which means it's going to be a little bit more expensive than a non-telesales product which means rolling the business is in the best interest of the client. Theso called contract from your "company" to the agent will do no good whatsoever in a court of law, everyone on this forum knows if noncompetes are BS.

 

[myinsurebiz]

This is how ignorant you are you're selling a telesales product which means it's going to be a little bit more expensive than a non-telesales product which means rolling the business is in the best interest of the client. Theso called contract from your "company" to the agent will do no good whatsoever in a court of law, everyone on this forum knows if noncompetes are BS.

Our rates are the same to the client regardless of the sales mode. They are equal to SBLI and LBL. Matter of fact - we use LBL for our 10pay clients.

LOL @ "ignorant" - u havent a clue Sambo . . .

Non-Competes are much different than Non-Solicitation and Non-Circumvent. You seem to have a need for some formal education Chase my boy.

 

[myinsurebiz]

This is how ignorant you are you're selling a telesales product which means it's going to be a little bit more expensive than a non-telesales product which means rolling the business is in the best interest of the client. Theso called contract from your "company" to the agent will do no good whatsoever in a court of law, everyone on this forum knows if noncompetes are BS.

Plus *ickhead chase - the OP was talking about a rogue agent leaving because of commission % and rolling for a better deal. He wasn't talking about "rates" or doing right by the client. Nor - was he speaking of tele-sales. So - phuck off and go join *ick in the bleachers.

 

[DHK]

You can't roll over a policy for the sake of commission. That is illegal in Georgia and the Agent very well could go to jail . . .

On what charge? Show me a case - preferably outside of California - where selling an annuity can get you jail time.

This case was thrown out:
Ex-Agent Faces Burglary Charges For Annuity Sales

July 10: All charges are dismissed in a court hearing and Lewis is released.
Alan S. Lewis Case Timeline

 

[myinsurebiz]

On what charge? Show me a case - preferably outside of California - where selling an annuity can get you jail time.

This case was thrown out:
Ex-Agent Faces Burglary Charges For Annuity Sales

July 10: All charges are dismissed in a court hearing and Lewis is released.
Alan S. Lewis Case Timeline

No one said Annuity. OP was speaking of FE . . .

You can't roll a client for the sake of earning commissions. That is simple Insurance 101.

 

[DHK]

I know you were talking about FE. And annuities are BIGGER money... and that guy's case was dismissed.

I say again: show me the jail case.

Btw, the term is REPLACE not 'roll'.

You sound as if you like to talk.