How Do You/How Are You Able

[ksigmtsu]

NAA was the original company I was looking at. When I was, they primarily did mortgage insurance. They have now broadened there types, to include UL, term and annuities. With NAA you contract with each individual carrier. They, as far as I know, don't have electronic apps in place yet (i.e. a phone/pda program) so I guess to get them the best rate, you have to, by hand, quote each individual carrier.... seems like it would make an appt lengthy. I know you have to carry your laptop with you, so maybe there is software that does it for you. I can't get any of these questions answered, because the person I signed up under originally is now MIA... and her upline, put me off and NEVER called me when he said he was going to, 3 different times.

Your area and experience might differ, but mine was that EMG and NAA were reselling their EXCLUSIVE A leads multiple times, the people had already been contacted, some had failed underwriting already, and they were using the downline system as a way to make money off leads they couldn't sell through their top producers. It looks (and I have no proof) like they cherry picked the leads, then sold leads that had already been contacted. I know that I got 9 A leads from them one time and 7 claimed to have been contacted, and 1 was verified to have failed underwriting through their own insurance companies.

The system seems to be recruit people behind you to rework the leads you couldn't sell, then collect commissions off the people below you LIKE you sold the lead yourself. If they fail, **** it who cares, you get paid on the leads you couldn't sell so you can mail out more leads. If they succeed, great, you can move them up in commission a bit to keep them around, but they NEVER reach your level. I know with EMG I sold 1 policy off any of their leads ever. It was a lead that had been resold after it was already sold by an EMG agent, they still had his card, and I said **** it, if they're gonna sell me the lead and they want a better policy I'm gonna sell it, even though their policy is that if a EMG agent already sold the client you are supposed to leave and request credit. In the time I tried with them I think I worked 150 of their leads, set 5 appointments, sold 1, and sold 6 policies on my own without leads by talking to people. My upline left also, before I did even. I stuck with them for almost 4 months. Huge waste of my money on their leads. I was just so sure it was going to work.

My bad lead % with them was higher than netquote.

 

[AttillaTheOne]

How many times do you need to be told to RUN not walk away from Primerica?
How many people are there in PA? And you are worrying about selling your family insurance out west?
Are your family members so mentally deficient that this is the FIRST TIME IN THEIR LIFE that they have heard about LIFE INSURANCE because now you are STILL TRYING to become an agent?
God Bless you and your family if you guys are really that feeble minded.
I will say this slow. GET YOUR LICENSE, FIND A REAL AGENCY in your local area, MAKE money without having to sell your family.
P.S. I honestly didn't know these guys were still kicking.
P.P.S. Count how many posters on here have told you to run from Primerica and make your decision.

 

[fdahl82]

The underlying sarcasm and rudeness in your post was very unnecessary! If I mis-read that than I apologize for the comment, but I don't think I did.

How many times do you need to be told to RUN not walk away from Primerica?
How many people are there in PA? And you are worrying about selling your family insurance out west?
Are your family members so mentally deficient that this is the FIRST TIME IN THEIR LIFE that they have heard about LIFE INSURANCE because now you are STILL TRYING to become an agent?
God Bless you and your family if you guys are really that feeble minded.
I will say this slow. GET YOUR LICENSE, FIND A REAL AGENCY in your local area, MAKE money without having to sell your family.
P.S. I honestly didn't know these guys were still kicking.
P.P.S. Count how many posters on here have told you to run from Primerica and make your decision.

 

[fdahl82]

Wino,
I have joined ILIAA. There's a lot of info in there it looks like!

How many companies is normal for someone to contract with?

I will try to answer your question with out taking the easy shots at Primerica. But it is SO easy. I am pretty familiar with PFS

Can ~you~ write them. No. You are property of Primerica, they will not let you. You do not work for your clients, you work for Primerica.

Do your managers do it? Probably. How? They could mail the app and say that cousin It was visiting and signed it locally. Or they could get a non-resident license and say that they were visiting cousin It and wrote it there. Fast way to lose a license or worst. Remember how a 2 year contestability claim works. Or if Uncle Fester figures out that you sold him an over priced, non guaranteed 30 year term policy and he want the last two years premium back.

You could get a non res license and sic a local primerica agent on them. And do a split. But only the relatives you do not like or will not need to try to recuit yourself to reach the next pay grade.

>>They want to know as soon as I am licensed, so that I can help them.

Go to term4sale.com and quote them. Compare coverage, premium and conversion options. Then come back to this forum. Or better yet join the ILIAA. It will cost less that all those Thursday and Saturday meeting you will have to go to. Just do not let your manager know you are getting an education, he will have an aneurism.

Oh, there are almost as many recruiters here as a Primerica Opportunity Meeting

couple questions. What state are you in? What is IBA.



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[Cornelius]

fdahl82 when I left PFS I just sent a resignation letter to the company and my RVP. I would suggest you abide by your contract. As for writing other family members in other states if it's worth it to you, you will be able to get a nonresident license and if you so choose you can contract with a carrier who offers you the ability to input some basic info. into their web site and they can do the app. and med if required, or just do it through the mail.

 

[WinoBlues]

Normal for a new agent is Way more than they need.

Joining the ILIAA is a good move. I would post this question in their forum. It is going to break down to the market you are going to start in.

Check out the recorded webinar for new agents.

You also now have access to compulife on the site, I think.

Send me a PM or email with an address and I will send you the first month back, like I said I would.

Good luck

Wino,
I have joined ILIAA. There's a lot of info in there it looks like!

How many companies is normal for someone to contract with?

 

[ksigmtsu]

Wino,
I have joined ILIAA. There's a lot of info in there it looks like!

How many companies is normal for someone to contract with?

Imo, call or send an email to health choice one and talk to them. They'll handle your appointments for you, with as many of the area companies as you want with the exception of your regions blue cross blue shield carrier. It will save you a lot of headache, and they are good uplines to me, answer questions and give sales ideas ect. Step 2 is find a good quote engine, because once you have like 5 carriers quoting by hand becomes a real pain. I'm using insurint atm and I really like it, just wish it had World ins. in there with the others. Other than missing a couple product offerings, insurint is accurate, and I've been getting wrong data from norvax all weekend. Cost me 1 sale when I checked the norvax data and found that it was about 100 bucks lower than the actual cost and the client got mad because I had given them the wrong price. They thought I was pulling a bait and switch. Live and learn I guess.

 

[fdahl82]

oh my gosh! I had a horrible dream/nightmare! I was calling and driving back forth to friends houses. And they wouldn't answer!.... I had hubby google Primerica the other night (cuz he was sippin on the kool-aid a little more than myself) and after what he read he is now all for me going independent, or at least a very different direction than PFS. When I told him about my dream, he said "there's your sign". lol

Seriously, I had this dream!

 

[Pangaea]

oh my gosh! I had a horrible dream/nightmare! I was calling and driving back forth to friends houses. And they wouldn't answer!.... I had hubby google Primerica the other night (cuz he was sippin on the kool-aid a little more than myself) and after what he read he is now all for me going independent, or at least a very different direction than PFS. When I told him about my dream, he said "there's your sign". lol

Seriously, I had this dream!

A close friend of mine joined Primerica last month and got hounded by me for joining just like above... Well, he realized what the hell I was talking about but didn't think it was smart to walk away without a plan so he ended up getting his license through their training and "reimbursement" program. I don't think he knows where he's going next, but I'm sure he's not staying around.

You might want to do the same.

 

[Mark]

oh my gosh! I had a horrible dream/nightmare! I was calling and driving back forth to friends houses. And they wouldn't answer!.... I had hubby google Primerica the other night (cuz he was sippin on the kool-aid a little more than myself) and after what he read he is now all for me going independent, or at least a very different direction than PFS. When I told him about my dream, he said "there's your sign". lol

Seriously, I had this dream!

Go independent!