Lincoln Heritage
- Thread starter mswebb06
- Start date
Keeshan was a marine but he never served with Lee Marvin.. In fact he never saw combat.
snopes.com: Captain Kangaroo and Lee Marvin
- 31,140
I was reading an old thread, and this JUMPED OUT AT ME!!! Hahaha...your tune has changed JD! Not drinking the LH Kool-Aid anymore? Looks like you found out about them!
V
V
V
From 07/28/2008
I am contracted with LH and have been for going on two years now. I have never once been told to buy leads.
They have direct mail leads for $19, TV leads for $27, internet leads for $14 and policy holder leads for $12, {I think, it's been a while since I got one of those}.
I buy leads occasionally from my GA. Even if they have mailed my area, they ask me if I want them and how many. I've gone months without buying any of their leads and never once been pressured to buy any. I do not buy the TV leads as I think they are junk. The leads are not resold to other agents, {see NAA}. If you buy it, it's your's.
Before this year, LH did not have a good alternative for healthier clients. If an agent sold the FE whole life to a healthy client, it would probably get replaced on price. This year they introduced the preferred whole life for healthier clients, {the underwriting is still pretty liberal}, and it runs about 20% less for a monthly premium. They also have a 10 year term now if you need that in your tool bag.
They have a twenty pay whole life, {paid up in 20 years}, and their graded benefit whole life is paid up in 15 years.
They will draft monthly from a checking or savings account or they will bill monthly, quarterly, semi annually or annually.
Their Funeral Consumer Guardian Society benefit is first class. Some call it gimmicky, it is anything but. It will save the member's family hundreds, if not thousands, on the cost of the funeral. They do not go online and pick out anything. They call the representative toll free at the time of the member's passing and they put the funeral plan in place if the member has one and if not, they assist the family in making arrangements and assit with getting discounted pricing.
They are the most agent friendly company that I work with. You can get almost anyone covered with the FE whole life and, if they are in pretty decent health, you can get them covered with the preffered at much better rates.
One unit of their accidental rider costs the member $1/mo and you can add up to 8 units in most states.
If the GA is pushing leads, maybe you should try a different GA.
Their business model is to not call the leads. They do send a letter to everyone that replies a letter telling them that an agent will be getting in contact with them. They then want the agent to just show up at the door. I do not do that even when I take their leads. I call. If there is no number on the lead and I can't find one, I mail a letter with my card. I don't want someone showing up at my doorstep, so, I certainly don't go to someone's home unannounced myself.
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From 07/29/2008
I keep seeing that people say that LH premiums are high. Just today, I wrote a LH whole life $10,000 policy on a 40 year old male non smoker with a $20/mo premium. I also wrote a $10,000 whole life on a 50 year old female smoker for $29.40/mo.
I looked at Cinn Equitable for the 40 year old male and their premium was $19.26/mo. For the 50 year old female, the premium was $29.71/mo.
The Cinn. Equitable does not have the extras of the LH and the prices are nearly identical. My commission for the Cinn. is higher, but, I wrote the LH for the value to the clients.
I'm sure that there is some company or companies that would have beaten these rates. I can't imagine any comapny would blow them out of the water. If so, I want to know about them.
- 19,868
Yes, I learned my lesson the hard way. I paid my tuition. That's why I tell the ones that say I just talk bad about LH because they are a competitor. I know LH because I was with LH. I drank the kool aid and liked it.
I'm a recovering LH'er.
I'm a recovering LH'er.
I was reading an old thread, and this JUMPED OUT AT ME!!! Hahaha...your tune has changed JD! Not drinking the LH Kool-Aid anymore? Looks like you found out about them!
V
V
V
From 07/28/2008
I am contracted with LH and have been for going on two years now. I have never once been told to buy leads.
They have direct mail leads for $19, TV leads for $27, internet leads for $14 and policy holder leads for $12, {I think, it's been a while since I got one of those}.
I buy leads occasionally from my GA. Even if they have mailed my area, they ask me if I want them and how many. I've gone months without buying any of their leads and never once been pressured to buy any. I do not buy the TV leads as I think they are junk. The leads are not resold to other agents, {see NAA}. If you buy it, it's your's.
Before this year, LH did not have a good alternative for healthier clients. If an agent sold the FE whole life to a healthy client, it would probably get replaced on price. This year they introduced the preferred whole life for healthier clients, {the underwriting is still pretty liberal}, and it runs about 20% less for a monthly premium. They also have a 10 year term now if you need that in your tool bag.
They have a twenty pay whole life, {paid up in 20 years}, and their graded benefit whole life is paid up in 15 years.
They will draft monthly from a checking or savings account or they will bill monthly, quarterly, semi annually or annually.
Their Funeral Consumer Guardian Society benefit is first class. Some call it gimmicky, it is anything but. It will save the member's family hundreds, if not thousands, on the cost of the funeral. They do not go online and pick out anything. They call the representative toll free at the time of the member's passing and they put the funeral plan in place if the member has one and if not, they assist the family in making arrangements and assit with getting discounted pricing.
They are the most agent friendly company that I work with. You can get almost anyone covered with the FE whole life and, if they are in pretty decent health, you can get them covered with the preffered at much better rates.
One unit of their accidental rider costs the member $1/mo and you can add up to 8 units in most states.
If the GA is pushing leads, maybe you should try a different GA.
Their business model is to not call the leads. They do send a letter to everyone that replies a letter telling them that an agent will be getting in contact with them. They then want the agent to just show up at the door. I do not do that even when I take their leads. I call. If there is no number on the lead and I can't find one, I mail a letter with my card. I don't want someone showing up at my doorstep, so, I certainly don't go to someone's home unannounced myself.
_________________________________________________________________________________________________________
From 07/29/2008
I keep seeing that people say that LH premiums are high. Just today, I wrote a LH whole life $10,000 policy on a 40 year old male non smoker with a $20/mo premium. I also wrote a $10,000 whole life on a 50 year old female smoker for $29.40/mo.
I looked at Cinn Equitable for the 40 year old male and their premium was $19.26/mo. For the 50 year old female, the premium was $29.71/mo.
The Cinn. Equitable does not have the extras of the LH and the prices are nearly identical. My commission for the Cinn. is higher, but, I wrote the LH for the value to the clients.
I'm sure that there is some company or companies that would have beaten these rates. I can't imagine any comapny would blow them out of the water. If so, I want to know about them.
- 31,140
Yes, I learned my lesson the hard way. I paid my tuition. That's why I tell the ones that say I just talk bad about LH because they are a competitor. I know LH because I was with LH. I drank the kool aid and liked it.
I'm a recovering LH'er.
That's good...seems like you're all better now!
I sold their Med Supps for awhile(til they jacked up the premiums), and liked dealing with the Home Office. I never tried to sell any of their life because it was too damned high!Cofie
Expert
I followed the instructions given by many of you experts and joined LH to get trained. Now I would like to get some details on extra work and risk involved in recruiting. Yes, my sales have been very good. Thanks for the advice.
- 344
You will work, work, work, but not make much from your work until the neophyte's start running on their own. Contact Adam Hale, you'll learn from him. The risk is as always, Chargebacks! Also, you will pay for their leads if they skip and run or just walk away. The learning curve is up to you. Hope you have a good and honest manager.
Management isn't for everybody but if you are successful at selling and you also have the ability to teach others, it can be very rewarding. If you decide to do it, plan on working harder than ever..
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