I Was Recently Asked by a Clients Son..

[magagent]

If Bankers Life and Casualty would be a good place to learn and start career? I have never personally had an experience wih Bankers, but I have run into clients and agents, that have both good and bad to say about BLC.

While my clients are not "senior market" clients, their son is 29 and in auto sales. Their son has met with the local BLC manager, and the manager is saying they are not messing with med supps or med advantage just selling final expense. The manager's least producting agent is making 1K a week, so at least no smoke and mirrors.

Thoughts??

 

[moonlightandmargaritas]

"The manager's least producting agent is making 1K a week, so at least no smoke and mirrors"

Right, and Pamela Anderson is coming over to my house tonight.

This assertion requires some confirmation. Not verbal either.

 

[Cenla Agent]

My thought is that he's probably best served to "just say no." 1 k a week (especially if he means every week, which is how I take it to mean) certainly does sound like someone's blowing smoke.

I'd be surprised if they were not selling LTCi as well since that is a major product for them.

 

[bluebunnyins]

Bankers is still in the sup and LTC game. I worked there last year for about a year. I immediately began doing gangbusters right out the gate. But, in order to make a descent living, I was working 18hrs a day. 1K a week?? Even in IA that not much $. That's also your gross. After your cost of gas, fast-food (from being on the road all the time), and the strain physically and mentally, your not left with much. And Bankers also does full comp charge backs. If a client cancels their 11th month of having the policy, guess what, they'll take back everything they advanced you for the sale. Bankers was a good first insurance job. You learned the business and how to work hard. But there are other places you could be, working half as hard and making twice the income.

 

[Tom Highway]

Making $1k a week gross profit/income a week in FE sales is THAT hard?

 

[Newby]

You must hate that kid pretty bad to allow him to even entertain the thought of working for Bankers Life.

 

[moonlightandmargaritas]

Making $1k a week gross profit/income a week in FE sales is THAT hard?

I'll give 100 to 1 that the Bankers' manager has at least one (if not a bunch more) sluggo agents makin' a LOT less than a grand a week.

Take it to the bank.

 

[insuranceexec]

You are very correct, sir.

 

[xrac]

You must hate that kid pretty bad to allow him to even entertain the thought of working for Bankers Life.

My sentiment also!

 

[ronmelton3]

And Bankers also does full comp charge backs. If a client cancels their 11th month of having the policy, guess what, they'll take back everything they advanced you for the sale.

You make me feel bad for all of those Bankers policies I've replaced