Looking for HSBC Contract

Dec 1, 2008

  1. padthaiforlunch
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    padthaiforlunch Guru

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    I'm looking to get contracted with HSBC, and am having a hard time finding a source.

    Anyone here GA, or have a source they can share?

    Thanks.
     
  2. SportsNut
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    SportsNut Guru

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    Here's one choice. I am not appt'd with them, but have looked at the product here. No affiliation with them.

    Bret A. O'Brien
    Insurance Only, Inc.
    866-Ins-Only x 105
    502-365-1505 (direct)

    502-365-1506 (fax)
    [email protected]
     
  3. ims01
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    ims01 Guru

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    HSBC requires you to market through a website or a call center to get a contract.
     
    ims01, Dec 1, 2008
    #3
  4. somarco
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    somarco GA Medicare Expert

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    Household Life Insurance Company
    First Central National Life Insurance Company of New York


    October 17, 2008



    Dear Agent,


    HSBC Insurance has recently completed a strategic review of our life
    insurance distribution and marketing channels. As a result, we have
    made the decision to discontinue selling through the independent agent
    network at this time.

    Due to this change, you will no longer be able to sell the HSBC product
    and your system access and licensing appointments will be terminated
    effective Friday, October 17, 2008 at approximately 11:00PM EST.

    You will receive any commissions owed to you for pending cases that
    subsequently become approved policies.

    We thank you for your past support of our program and wish you continued
    success. Should you have any further questions, please feel free to
    contact our Customer Service group at 1-877-268-0990.


    Sincerely,

    HSBC Insurance


    Household Life Insurance Company
    First Central National Life Insurance Company of New York
    Administrative Offices: 200 Somerset Corporate Blvd., Suite 100
    Bridgewater, NJ 08807
     
    somarco, Dec 1, 2008
    #4
  5. padthaiforlunch
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    padthaiforlunch Guru

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    Well isn't that nice. No indies.

    A little confused on the call center website thing. So if I set up a website to sell insurance, I can contract with them?
     
  6. somarco
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    somarco GA Medicare Expert

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    I had a website, thru the agency that contracted me. I interpreted the email to indicate they were just going direct.

    Another possibility is, they only want to work thru hi volume agencies.

    No sweat.
     
    somarco, Dec 1, 2008
    #6
  7. Cornelius
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    Cornelius Guru

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    You can check with markingriffin. I think I found this from his site www (dot).elifemarketers (dot) com

    Hope it helps,

    Here's the main site: elifepolicy (dot) com
     
    Last edited: Dec 2, 2008
  8. Mark
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    Mark Guru

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    I spoke with their biggest marketer and this is what they told me.

    "they have changed who they will work with. The agent/entity has to either be a call center or a business model that is fully ecommerce. They don't want independents speaking directly with the prospects unless it's from a call center environment. OR, as a consumer only response at a web site, so most agents get bounced from access to this product."
     
    Last edited: Dec 2, 2008
    Mark, Dec 2, 2008
    #8
  9. padthaiforlunch
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    padthaiforlunch Guru

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    Wonder how long that will last.
     
  10. Hadley
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    Hadley New Member

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    You may want to contact elifepolicy and Efinancial.com to inquire about HSBC. They both currently have agreements in place.
     
    Hadley, Jan 21, 2009
    #10
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