I Need an New FMO for 5 Star Life

[jdeasy]

The person above you is no friend. As soon as you realize that you can get out from under that mess.

Hi, first post to I.F.. I am a Producer of Life and Health in Mo. And Il.. I produce a relatively decent amount, not bragging, just for point of reference to my next question. It may sound a bit silly, but again, I have never had to pursue this option. I want to go independent. I am independent for all intents and purposes now, but still have someone above Me ( there is always someone above it seems). I am currently getting 70% on all traditional coverage carriers and 30% on GI products now, and have already reached over $120k in ap so far this year. But, I seem to have a divergence in concepts and philosophies with the person over Me. I have already set my own appointments, and can procure my own leads. So.... I would like to cut out the middle man, so to speak. Nothing against the person over Me, he is a friend, and a smart individual. I just don't want to but heads anymore and continually give my intellectual property out for free. DOES ANYONE HAVE ANY GUIDANCE or Suggestions for a Regional Marketing Organization, or FMO that will provide a more suitable commission schedule in lieu of My going it alone? Or what is the next level up for me to go? I already have asked a Carrier, and of course they said I would have to find that out on my own, or at least one person told Me as much. I appreciate any insight or help. Sorry if these are obvious questions I am asking, just thought I would start my pursuit in a forum of experience. thanks In Advance

 

[tins]

Hi, first post to I.F.. I am a Producer of Life and Health in Mo. And Il..

Are you in St. Louis? If so, send me a PM with your contact info. I'd be happy to work with you, but I only contract people locally.

 

[HoosierLife]

I think 5 star is getting back into their groove again. I've had 8 policies from 3 days to 3 weeks all get approved in the last 3 days.

 

[WinoBlues]

I think 5 star is getting back into their groove again. I've had 8 policies from 3 days to 3 weeks all get approved in the last 3 days.

I called them yesterday for the first time on my first app with them. Took forever to get a person on the phone and an email letting me know there was an issue would have been nice. Also getting online access seems to have them confused. Very nice lady, fixed a box _I_ missed and said she would send it right over to the underwriter for me.

 

[TDFnCali]

I think 5 star is getting back into their groove again. I've had 8 policies from 3 days to 3 weeks all get approved in the last 3 days.

I had 1 approved earlier this week I sent in last Thurs without a PHI, so I'm not sure why others are having problems going on 2-3 weeks with theirs. I do fill out their's very slowly and carefully tho & make sure to capitalize everything & completely fill in the bubbles.

Sent via my Sprint Galaxy S4 using Insurance Forums

 

[HoosierLife]

I had 1 approved earlier this week I sent in last Thurs without a PHI, so I'm not sure why others are having problems going on 2-3 weeks with theirs. I do fill out their's very slowly and carefully tho & make sure to capitalize everything & completely fill in the bubbles.

Sent via my Sprint Galaxy S4 using Insurance Forums

LOL I noticed the whole capitalize every word after my 3rd app or so with them. I've never capped everything. Not once.

 

[WinoBlues]

I had 1 approved earlier this week I sent in last Thurs without a PHI, so I'm not sure why others are having problems going on 2-3 weeks with theirs. I do fill out their's very slowly and carefully tho & make sure to capitalize everything & completely fill in the bubbles.

Sent via my Sprint Galaxy S4 using Insurance Forums

I missed the Prd Std boxes so that is on me. But the lady filled it in for me so that was cool.

 

[Tahoe Ray]

I missed the Prd Std boxes so that is on me. But the lady filled it in for me so that was cool.

I primarily write life but also do quite a bit of annuity business...I am always amazed at the flexibility on the life side and yet how hard the annuity carriers make our lives.

I'm sure that it comes down to the regs but still.....

 

[jdeasy]

I primarily write life but also do quite a bit of annuity business...I am always amazed at the flexibility on the life side and yet how hard the annuity carriers make our lives.

I'm sure that it comes down to the regs but still.....

It depends on the company too. A company like Americo or Monumental would never correct even a small error over the phone. They would require an amendment if you didn't capitalize the contingent beneficiary middle initial.

 

[HoosierLife]

Question: I had a 5 star app approved graded (submitted preferred) because of section 2 question 5 d. The one about depression, drugs, alcohol, bipolar and schizo.

This was a replacement so graded is a no go. If it was a depression issue, would Americo be a good choice in this case?

But would Americo be difficult about the recent app submitted to 5 star?