Income Expectation

[insuranceexec]

Are you asking why I am still even considering Met???

I had another meeting with MassMutual today and I am heavily leaning toward them. I went to a business seminar they put on and it seems like there are some guys there that really know what they are doing that could mentor me.

Only you can decide what is best for you and your situation. But do not ask for advice and then criticise the advice you are given. I wish you well...........

 

[Akkula]

Huh? Where was I critical? I think we are misunderstanding each other. I was unclear about the statement you made below. What are you referring to in the statement below? Can you clarify?

"With all the being said and knowing the headache on the front end; why again are you still considering this?"

 

[xrac]

Are you asking why I am still even considering Met???

I had another meeting with MassMutual today and I am heavily leaning toward them. I went to a business seminar they put on and it seems like there are some guys there that really know what they are doing that could mentor me.

Your financial needs are modest. You should be just fine at MM. Go for it! They are a very good company!

 

[insuranceexec]

Huh? Where was I critical? I think we are misunderstanding each other. I was unclear about the statement you made below. What are you referring to in the statement below? Can you clarify?

"With all the being said and knowing the headache on the front end; why again are you still considering this?"

I hope that it is in fact a misunderstanding. It is my understanding that you are considering MM because they are non-captive in their product offerings.
Are you saying that you must give them the "right of first refusal?"

"That is why I am considering MassMutual. Any comments on this? I can still write outside insurance but not sure if it is worth the brain damage as Mass seems to be pretty good."

Or that you can write what is in the clients best interest?

Another point to consider is that of your GDC.
What is your GDC?
What are the GDC band levels?
What level of securities production must you keep in order to keep your license parked there?

There are many points to consider, but the most important is; What will you be writing? What is your attention going to be driven towards? Many agents say that the are going to focus on one particular line of business only to find that their captive company is not strong enough in that area. MM is a good company; but they will not always be the best fit.

I, and others on here have given sound information; so you can make an informed decision. It is not my place, nor should it be, to tell you what to do. If I have come across as being rude; I apologize. I am just extremely straight-forward.

One thing you will find is that most of the board is INDY biased. I am too; being that I came from a captive organization, and emancipated myself several years back.

Captive is a good place to start for those that need the training and structure. After reading several of your posts it appears to me that you do not need either at this point. I could be wrong. I hope this helps..............

 

[Akkula]

Are you saying that you must give them the "right of first refusal?"

"That is why I am considering MassMutual. Any comments on this? I can still write outside insurance but not sure if it is worth the brain damage as Mass seems to be pretty good."

Or that you can write what is in the clients best interest?

Another point to consider is that of your GDC.
What is your GDC?
What are the GDC band levels?
What level of securities production must you keep in order to keep your license parked there?

There are many points to consider, but the most important is; What will you be writing? What is your attention going to be driven towards? Many agents say that the are going to focus on one particular line of business only to find that their captive company is not strong enough in that area. MM is a good company; but they will not always be the best fit.

I, and others on here have given sound information; so you can make an informed decision. It is not my place, nor should it be, to tell you what to do. If I have come across as being rude; I apologize. I am just extremely straight-forward.

One thing you will find is that most of the board is INDY biased. I am too; being that I came from a captive organization, and emancipated myself several years back.

Captive is a good place to start for those that need the training and structure. After reading several of your posts it appears to me that you do not need either at this point. I could be wrong. I hope this helps..............

You are not rude or too straight forward. Have you ever been to registeredrep.com...they can redefine straight forward and rude sometimes!

Anyhow, I am not forced to use MassMutual or give them the right of first refusal on policies. In order to keep my licenses and training subsidy, though, I need to write a minimum amount of their business.

I am glad you are of the opinion that I could "make it" even if I decided to go INDY. Obiously you must think my income expectations are reasonable. That is good news!

Your GDC points are also well taken. Thanks for that.

With respect to finding a strong company, I will probably do a lot of term insurance for younger folks, some whole life for businesses, and some disability.

How does Mass stack up from a term perspective? Pros/Cons

 

[SportsNut]

How does Mass stack up from a term perspective? Pros/Cons

"About that high".......

Well, lets see, since you don't a viewer on your puter to see how high that is, picture my index finger and thumb.... almost touching... So NOT TOO HIGH... NML will illustrate better with participation WL products...

You should get set up with an IMO for term.... Genworth, West Coast Life, Banner, etc... those are the most competitive cos for term... AG (formerly AIG) is priced right, in fact they will illustrate the best rates on many cases... whether you have enough control over your clients to get the point across that they buy AG and will likely be with another company within a year or so... same rates, same contract, as it is guaranteed for 10, 20, 30... whatever you sell them...

 

[Todd King]

Akkula,
Since insuranceexec's number is shown on every post, I would suggest you give him a call. I don't know of too many on here that can measure up to his knowledge on this subject. I've talked with him quite a few times and I've always learned something from him. He knows things that can blow your mind, so be careful when you talk to him! LOL

 

[insuranceexec]

Way too much credit there Todd; but I thank you all the same......LOL

 

[Todd King]

If you got it....flaunt it! Isn't that what they say?