NewToTheField
New Member
Hoping some of you can help me get my bearings and feel for the landscape in "Cliff Note" format. It will be extremely appreciated!!!
About me. Left the mortgage / real estate industry around '08 when it melted down. Wandering for the past 3 years. Looked into FE sales about a year ago but got side-tracked with another dead-end venture.
For the past few days I've been researching the insurance industry, specifically Final Expense. I responded to an ad on Craigs List and have a (small group) meeting on Thursday. They have not tipped their hand that it's FE related, but from research I figured it out.
As I have scoured the net attempting to get the full picture I have understandably read everyone's opinion why they are the best. I'm looking for an overview and then some specifics on how commissions work, expectations, etc.
I'm not currently licensed. I'm starting that process this week--I don't waste time once I've set my sights on something. Initially I will obtain Life-Limited to Final Expense & Burial (California). At that point, I guess I need to get hooked up with a company to start training and selling.
My preference (because of my experience) is selling over the phone. When I was doing mortgage I averaged 200 phone calls / day to generate leads, so I'm not afraid of hard work.
Regarding commissions, I've heard 10% of AP, residuals, etc. Frankly, I don't know if I'm talking out my butt or what the standards are. In short, I've run across a lot of fragmented information, none of it putting together the big picture in a cohesive, understandable, workable fashion
Sooooooo, that being said, would anyone here be so kind as to fill me in and perhaps point me in the direction of a company that writes in California and provides good service, competitive rates, hopefully training, and fast reliable turnaround on payments? Again, I would be extremely grateful for the shortened learning curve. I'm ready to jump in with both feet.
Regards,
Ron Jensen
Green as they come
About me. Left the mortgage / real estate industry around '08 when it melted down. Wandering for the past 3 years. Looked into FE sales about a year ago but got side-tracked with another dead-end venture.
For the past few days I've been researching the insurance industry, specifically Final Expense. I responded to an ad on Craigs List and have a (small group) meeting on Thursday. They have not tipped their hand that it's FE related, but from research I figured it out.
As I have scoured the net attempting to get the full picture I have understandably read everyone's opinion why they are the best. I'm looking for an overview and then some specifics on how commissions work, expectations, etc.
I'm not currently licensed. I'm starting that process this week--I don't waste time once I've set my sights on something. Initially I will obtain Life-Limited to Final Expense & Burial (California). At that point, I guess I need to get hooked up with a company to start training and selling.
My preference (because of my experience) is selling over the phone. When I was doing mortgage I averaged 200 phone calls / day to generate leads, so I'm not afraid of hard work.
Regarding commissions, I've heard 10% of AP, residuals, etc. Frankly, I don't know if I'm talking out my butt or what the standards are. In short, I've run across a lot of fragmented information, none of it putting together the big picture in a cohesive, understandable, workable fashion
Sooooooo, that being said, would anyone here be so kind as to fill me in and perhaps point me in the direction of a company that writes in California and provides good service, competitive rates, hopefully training, and fast reliable turnaround on payments? Again, I would be extremely grateful for the shortened learning curve. I'm ready to jump in with both feet.
Regards,
Ron Jensen
Green as they come
