Help with Farm Bureau Information

[PenmanIns]

Hey guys, I have been recruited by a farm bureau manager. I'm wondering if anyone has any opinions on them and their rates in Utah. I'm currently with another captive agency and it seems like farm bureau has more structure and support my only concern is the focus on life insurance. It's seemed hard to sell a ton of life insurance and they want you tell sell around 24000 in premium each year but require much less p and c production. They also pay a good amount of "supplement" money if you hit your numbers but I'm concerned about how hard it would be to hit the life numbers. Any opinions on FB?

 

[HoosierLife]

Hey guys, I have been recruited by a farm bureau manager. I'm wondering if anyone has any opinions on them and their rates in Utah. I'm currently with another captive agency and it seems like farm bureau has more structure and support my only concern is the focus on life insurance. It's seemed hard to sell a ton of life insurance and they want you tell sell around 24000 in premium each year but require much less p and c production. They also pay a good amount of "supplement" money if you hit your numbers but I'm concerned about how hard it would be to hit the life numbers. Any opinions on FB?

Their Life ins rates are horrible. Just replaced one this morning!

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And please don't sell ULs to FE clients if you don't know how they work. Agent told her she could take out an $1800 loan and it would all be fine lol.

 

[cgreene]

24,000 is very low on life premium if it's an area of focus. I do P and C and do about that much life a year.

 

[PenmanIns]

24,000 is very low on life premium if it's an area of focus. I do P and C and do about that much life a year.

About how much p and c do you cross sell though?

 

[cgreene]

I Write about 400 K a year

 

[JimmyUt]

Hey guys, I have been recruited by a farm bureau manager. I'm wondering if anyone has any opinions on them and their rates in Utah. I'm currently with another captive agency and it seems like farm bureau has more structure and support my only concern is the focus on life insurance. It's seemed hard to sell a ton of life insurance and they want you tell sell around 24000 in premium each year but require much less p and c production. They also pay a good amount of "supplement" money if you hit your numbers but I'm concerned about how hard it would be to hit the life numbers. Any opinions on FB?

Go indy........ you are welcome. Their rates aren't great out here at all. None of the captives are really anything to write home about. Find an independent agency to grow with.

 

[cottonland]

Where are you located?

 

[cgreene]

I am in Alabama