Is anyone going to the Convention (National Agents Alliance) (NAA

Re: Is anyone going to the Convention (National Agents Alliance)

Ok, so I was brought to NAA from a guy I knew to see if it might fit for what I was looking for. I went to one of there meetings and it seemed like it would be an easy part time job to help supplement some income. But I went to another meeting this week and something just doesn't seem right here. When all someone talks about is how much money they make and how successful they are and how great things are, I'm usually the first one to throw the bullshit flag. And the more I research it the more I think I need to walk away from this. If i signed a contract with them but not any of the carriers yet, am I still bound from contracting with other companies? Do I just need to call them up and say this isn't gonna work? Thanks for any advice here, I'm new to the insurance game and still trying to learn whats whats.
 
Re: Is anyone going to the Convention (National Agents Alliance)

Ok, so I was brought to NAA from a guy I knew to see if it might fit for what I was looking for. I went to one of there meetings and it seemed like it would be an easy part time job to help supplement some income. But I went to another meeting this week and something just doesn't seem right here. When all someone talks about is how much money they make and how successful they are and how great things are, I'm usually the first one to throw the bullshit flag. And the more I research it the more I think I need to walk away from this. If i signed a contract with them but not any of the carriers yet, am I still bound from contracting with other companies? Do I just need to call them up and say this isn't gonna work? Thanks for any advice here, I'm new to the insurance game and still trying to learn whats whats.

Definitely run, Forest, run. The contract you sign with NAA has nothing to do with the contracts you sign with the individual carriers. As a matter of fact, you don't have to sign with the insurance carriers at all if you wish. I purposely did not sign with all of them because I did not want to lock myself into something I'd regret later on. I am currently with NAA, but their lead system is very biased. The 'A' leads, which have not been contacted, are cherry picked for the higher ups, while the shared leads, which have been called multiple times and can date back several years, are sold over and over again. The reworked leads, as they are called, can run several dollars each, which is a complete rip!! This place is all about recruiting and nothing more.
 
Interesting thread. Someone from NAA found me online and invited me to a meeting last night... curious girl that I am, I just HAD to go and see. :1smile:

45 min waste of my time! The leader only talked about how much money he made, how easy it was... and hey, if YOU didn't want to sell insurance you could just recruit people to sell FOR you and make some bucks off of their hard work! WT HECK! I was sitting next to a guy who told me he was building a team... he "joined" at the beginning of the year... however, he did not have his license yet :D he was still studying... but he was building a team??! What kind of BS is that, anyway? Someone who has never sold insurance... not licensed... but "building a team" to sell life insurance and he was gonna be the mentor? I had to contain myself from laughing in his face.

There was a person there further up the food chain - who was actually over the person who found me online and recruited me. I tried to get specifics about contracting, etc., commissions, etc., out of her and she kept telling me to ask the guy who found me online.

I did find out one thing interesting... part of the script that was discussed... when the sales rep calls a prospect on the phone he doesn't say Hi this is Joe, I'm from NAA. He says Hi this is Joe, I'm from the mortgage protection company. Wow, unethical all the way around as far as I can see.
 
Interesting thread. Someone from NAA found me online and invited me to a meeting last night... curious girl that I am, I just HAD to go and see. :1smile:

45 min waste of my time! The leader only talked about how much money he made, how easy it was... and hey, if YOU didn't want to sell insurance you could just recruit people to sell FOR you and make some bucks off of their hard work! WT HECK! I was sitting next to a guy who told me he was building a team... he "joined" at the beginning of the year... however, he did not have his license yet :D he was still studying... but he was building a team??! What kind of BS is that, anyway? Someone who has never sold insurance... not licensed... but "building a team" to sell life insurance and he was gonna be the mentor? I had to contain myself from laughing in his face.

There was a person there further up the food chain - who was actually over the person who found me online and recruited me. I tried to get specifics about contracting, etc., commissions, etc., out of her and she kept telling me to ask the guy who found me online.

I did find out one thing interesting... part of the script that was discussed... when the sales rep calls a prospect on the phone he doesn't say Hi this is Joe, I'm from NAA. He says Hi this is Joe, I'm from the mortgage protection company. Wow, unethical all the way around as far as I can see.


Yes, stay away. So, after my wife and I sold our business to return to college, I was recruited by Primerica. Since there was zero start up cost involved (my upline "sponsored"me) I figured I would jump in. At least I could go the the licensing class and get licensed. Which I did. I made one sale, and the wanted me to recruit recruit. Of course knowing what it was all about, I felt bad trying to recruit family and friends, because 22.5% commission is a joke. No it isn't, it's not a joke at all. It not funny. But 60% isn't bad (in comparison.) So when I was contacted by a woman and hired, and then found out that it was NAA (whom I had heard of) it was still worth it: you know, three times the commission. I've been with them now for three months, working very part time, as I am in my final semester. This past month, however, I have actually stepped it up. I've made okay money, but I only order the final expense leads. The "hello, this is _________ with the Mortgage protection center, I'm calling in regards to your loan with abc bank in the amount of $12340" script rang dishonest to me. I have been saving up capital to start working with an organization that will allow me to actually be successful, honestly. I have a few more leads and several appointments this week, and one ride along with a friend in FE, and then I;m gone.
- - - - - - - - - - - - - - - - - -
Fake it until you make it.... That is pretty funny. How is that working for most people?


I've made some money off of these leads; but NOTHING compared to what all of you are making. And with a 65% contract, sometimes its barely worth the drive.

My manager will not let me purchase leads at all - he always says that the "TLP LEads" are the best (raw data leads, just phone numbers, mortgage amount and company, address, etc - but have never contated us or resonded.) and the re worked direct mail leads are great too because they're cheap. He's all about the ROI. I think they (TLP) are too much work. WAAAYYYY too much work. like 2 appointments for every 250 dials worth of too much work.

The direct mail leads are better, for sure, but when you get free leads only, you're calling people from 2008 or at best Jan 2011 (AT BEST) we all know that these people forget after sending a card back after a few days let alone several years. But they still convert to sales. I am running 4 appointments tommorrow (just kidding, two appoinments, 2 door knocks that hopefully become appts) and thats out of 20 leads 10 contacted. 20 % is crap though, right?

I'm contacting Efes tomorrow, I was recommended to go that route. SO, we'll see.
 
Last edited:
Interesting thread. Someone from NAA found me online and invited me to a meeting last night... curious girl that I am, I just HAD to go and see. :1smile:

45 min waste of my time! The leader only talked about how much money he made, how easy it was... and hey, if YOU didn't want to sell insurance you could just recruit people to sell FOR you and make some bucks off of their hard work! WT HECK! I was sitting next to a guy who told me he was building a team... he "joined" at the beginning of the year... however, he did not have his license yet :D he was still studying... but he was building a team??! What kind of BS is that, anyway? Someone who has never sold insurance... not licensed... but "building a team" to sell life insurance and he was gonna be the mentor? I had to contain myself from laughing in his face.

There was a person there further up the food chain - who was actually over the person who found me online and recruited me. I tried to get specifics about contracting, etc., commissions, etc., out of her and she kept telling me to ask the guy who found me online.

I did find out one thing interesting... part of the script that was discussed... when the sales rep calls a prospect on the phone he doesn't say Hi this is Joe, I'm from NAA. He says Hi this is Joe, I'm from the mortgage protection company. Wow, unethical all the way around as far as I can see.

Sounds like Primerica to me, I remember when I sat through a Tuesday night pitch of theirs in Chicago... and I only even went to that since they had an office in the same high rise I lived in.

I actually have a friend of nearly 20 years now who joined Primerica and told me he was building a team (also unlicensed at the time). When I told him how I feel about it he dismissed it. I even told him how they're just interested in selling his friends and family insurance, heck I even told him how the commission splits were silly if you're getting your own leads! Sure... I told him to go Indy, join a few associations, get a good IMO & FMO, get your own site, get your own list, hook up with mojo... Sure I told him about how much top independent agents are making with certain organizations... Sure I told him I'd help him with the website aspect and Internet leads.

But... he stopped talking to me for a few months. Then I saw him post how he had a great job interview on Facebook.

I think the attrition rate is so high because people just don't take well to change and the idea of adjusting their plans is too much.
 
Last edited:
Are there any conventions in the 2nd half of 2012 worth going to, or is everyone just using webinars. I went to St Louis about 5 yrs ago, it was put on by Life Insurance Selling Magazine..very good.??
 
Are there any conventions in the 2nd half of 2012 worth going to, or is everyone just using webinars. I went to St Louis about 5 yrs ago, it was put on by Life Insurance Selling Magazine..very good.??


I think the NAA is up to one a month now........you should check it out.....
 
Back
Top