IUL over rides

Aug 17, 2018

  1. Golfnut2112
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    Golfnut2112 Guru

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    Thanks, that makes me feel a little better lol
     
  2. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    I was merely just using an example that was already given in this thread. It varies greatly from carrier to carrier. Very few solid iul carriers pay 140... If any. I think the most Lincoln goes up to is 120. And that doesn't mean all have that level.
     
  3. Sean OHara
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    Sean OHara New Member

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    Lol I applied 6 months ago and now they call me every month for recruitment
     
  4. DigitalBGA.com
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    DigitalBGA.com Expert

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  5. Sean OHara
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    Sean OHara New Member

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    I'm not an expert in FE but how does a company likek FFL pay out 140% without building a massive debt to their agents? Do they charge fees on the back side of the policy to their policyholders?
     
  6. FinalExpenseDojo.com
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    FinalExpenseDojo.com Guru

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    The 140% is with Americo HMS 125 or 150. It's a simplified issue term product with Accidental built in. You can run sample quotes here: Mobile

    One of their Vice Presidents told me their highest comp with FE is Americo Eagle at 125%. Not sure if that is still accurate so someone who's with the company feel free to chime in.
     
  7. DigitalBGA.com
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    DigitalBGA.com Expert

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    There's probably a dozen people in that hierarchy that are responsible for downline agent chargebacks before it rolls up to FFL.
     
  8. joe92275
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    joe92275 Super Genius

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    Yes and probably only a handful of agents in their structure that have anything close to that number. I recently got this marketing email:

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    joe92275, Dec 9, 2018 at 12:01 PM
    #18