Is PPL really terrible? I ask because....

[Guest]

... I had a guy call me last week who is a local Pre-Paid Legal GA. Says he has been selling PPL for 10 years now and has done well with it.

He is not insurance licensed.

He wants me to become an "associate" under him. He claims that he has a lot of groups that offer PPL as an employee supplement (often payroll deduct.)

Obviously he wants me to sell PPL to my current and future groups.

What got me interested is that he has offered to introduce me to HIS groups so that I can make a case to the biz owner for Colonial supps. He will take half the commish (which is standard procedure with Colonial when a broker is involved.... no problem with that on my end.)

I've read all the stuff on this board about PPL... but most have bitched about how it is sold... not the product itself. Is the product/service really terrible? Is it a ripoff to the client?

I don't know if this will work since he is not licensed. I'll have to check with Colonial, since they are the ones who would write the check.

Assuming Colonial is OK with this, is this something I should run like hell away from (like NAA or UA, etc.) or is it worth taking the time and doing a due-diligence on?

Thanks,

Al

 

[Dave020]

Worksite legal plans are pretty common, lots of companies offer it to employees. PPL is one option, there are others that may not require you to "join the team" as it were.

 

[GreenSky]

I have not sold PPL but I am a member. Every 6 months or so I ask them a question or to review a contract.

I would not trust them in a murder trial, but for $14 a month I think it's worth it.

YMMV

Rick

 

[arnguy]

Rick, are you saying that if you "wasted" Al you would not want PPL to defend you?

 

[DHK]

... I had a guy call me last week who is a local Pre-Paid Legal GA. Says he has been selling PPL for 10 years now and has done well with it.

He is not insurance licensed.

He wants me to become an "associate" under him. He claims that he has a lot of groups that offer PPL as an employee supplement (often payroll deduct.)

Obviously he wants me to sell PPL to my current and future groups.

What got me interested is that he has offered to introduce me to HIS groups so that I can make a case to the biz owner for Colonial supps. He will take half the commish (which is standard procedure with Colonial when a broker is involved.... no problem with that on my end.)

I've read all the stuff on this board about PPL... but most have bitched about how it is sold... not the product itself. Is the product/service really terrible? Is it a ripoff to the client?

I don't know if this will work since he is not licensed. I'll have to check with Colonial, since they are the ones who would write the check.

Assuming Colonial is OK with this, is this something I should run like hell away from (like NAA or UA, etc.) or is it worth taking the time and doing a due-diligence on?

Thanks,

Al

How can you share a commission when he isn't insurance licensed? (Unless you're calling it something else, you had better check out your facts.)

I have no beef against PPL.

 

[Dave020]

Rick, are you saying that if you "wasted" Al you would not want PPL to defend you?

Ok, I have to go sing for my supper (and no I am not watching that damned oscar thing). But right now I am LMAO at this one

Next up, PPL Will Sue You should be along shortly...in the meantime

 

[Pre-Paid Legal]

Yea,Yea Yea, laff all you want. I have a group of girls in texas we are helping fight the sin tax.

 

[CHUMPS FROM OXFORD]

PPL is not worth your time. Although Pat Robertson seems to be doing well.

 

[warrenins]

I was talking to a fellow agent friend one time about PPL and he said "why would I want to offer my clients a product that they may turn around and use against me" lol I guess he had some doubts about his own business practices lol

 

[senior-advisor-indiana]

Why cant we substitute PPL for E&O? Where is the freedom in this country. sheesh!