Got to Love Bankers!

[Mattschmidt]

They are truly pathetic. Still can't see how they are in business

 

[JFBAgent]

Excuse me, not 'replaced'....'changed' managers....right...like that made a difference. They are teaching the 'whatever it takes' sales principals they always have, if continued "blatant lying" is going on....

Are their lips moving?

So management is part of the problem and doesn't care what happens in the field...just sell.

How sad...I read your article and have seen similar ones from several other states. They must have fantastic attorneys to keep them in business...

 

[USVision]

The best liars and thieves or what?

Yep, the ones who do that the best. The ethically challenged, who have no problem with the company's business model, and buy into the mindset.
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So management is part of the problem and doesn't care what happens in the field...just sell.

How sad...I read your article and have seen similar ones from several other states. They must have fantastic attorneys to keep them in business...

What happens in the field appears to be a direct result of management. Again 'whatever it takes' to post those inflated numbers and avoid those regional manager's tirades.
It is however, wearing thin with the courts. Recently a federal judge wrote that he had never seen so much (crap-condensed version), from a company, in their filings.

 

[2insureyou]

Just ran into another terrible experience with these idiots... The story all begins with a brand new rep who scratched a failed reps name/contact info out on his leftover business cards and wrote his name on the cards in ink (rather than ponying up the money for a professional looking card), bullying his way into the elderly parents of a valued client of mine, and it all goes downhill from there... I won't post all the dirty details, in the event this *** actually gets on this forum. I'd rather he not be able to identify me.

They suck. The company sucks, the management sucks, and the field force sucks.... I really hope I'm not being unclear. Did I mention they suck?

Any company that can't even maintain an "A" rating for financial strength that's been around as long as they have, there is simply no excuse for.

If it were a newer company that hadn't proven themselves yet for strength, maybe I could give them a pass on not having an "A" rating... but they have proven themselves... proven themselves to suck.

 

[Arthur Rudnick]

They suck. The company sucks, the management sucks, and the field force sucks.... I really hope I'm not being unclear. Did I mention they suck?
Any company that can't even maintain an "A" rating for financial strength that's been around as long as they have, there is simply no excuse for.
If it were a newer company that hadn't proven themselves yet for strength, maybe I could give them a pass on not having an "A" rating... but they have proven themselves... proven themselves to suck.

This has been the same story (and there's much worse) in the 16 years that I'm in the business. Bankers is owned by Conseco and both companies operate the same way.

They both carry the same ratings. For those that aren't aware, in 2002 Conseco filed for bankruptcy. At the time, it was the 2nd largest bankruptcy in the country after Enron.

The majority of the public reports about denial of claims, fradulent business practices (such as the example above) and business activity that boderlines on unethical practices are Conseco & Bankers.

There are hundreds of threads on various forums, from both agents and company management who worked for them, and all confirm the way they do business.