G
Guest
Guest
Hmmm. I went to the Fig Marketing site and all I see are annuities. (click "Products" button.) I'm using Firefox. Maybe it only works with IE. The rest of their site renders well.
LTC Financial Partners
- Thread starter Cenla Agent
- Start date
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- Tags
- long term care
Hmmm. I went to the Fig Marketing site and all I see are annuities. (click "Products" button.) I'm using Firefox. Maybe it only works with IE. The rest of their site renders well.
TDY418
Expert
- 31
I totally agree I have sold 2 Mutual care thru Mutual and our commish is 45% with renewals, and med supp we get equal commission yr 2-8 sounds a little foul to me.
Do any of you think LTC Partners has an advantage over others? Does everyone agree the $2k initial investment is a bit much? They called again and are real pushy about having me join and say that they have a rather large lead flow in my area, but I feel like its almost too goo to be true as those type of things usually don't work out. Has anyone else tried them out as well?
G
Guest
Guest
Advantage? It depends on how you define the word... and what your experience level is.
They have a sales and marketing program in place.
They have an "equity/partnership" business model in place.
They have a training model in place.
They are looking for like-minded agents to commit to LTC and share in the profits... sort of like a co-op (as I understand it.)
They are looking for people who are committed to the LTC product and willing to give it "their all" and do little of anything else.
Of course the devil is in the details, which I don't know about. However if I were convinced that I wanted to specialize in LTC, I would not see the $2K as an issue. My feeling is that if you see $2K as a lot of money, you are probably not established in this business (or in your own personal financial life) enough to join them.
On their website they have a long list of their agents. Why not call a few and ask them what you have asked here... and report back.
(Usual disclaimers apply with LTCFP)
Al
- 202
As I understand it, it's as if you own stock in the company. If LTCFP is profitable, equity partners get a bonus.
- 202
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- 313
Lots of FMO's have access to multiple carriers and will do lead reimbursement without any investment by you. You should shop it around some.
I agree you would be giving up somewhere in the neighborhood of 40% in FYC and I am guessing a bunch on the tail end as well so that bonus better be pretty substantial!
- 202
id did some goggling and found out that they have only done the bonus 2x. the guy who is there top producer got a bonus that was about 1% of his inforce book. the second time they paid the bonus they siad it was 10% higher than the first time. so that woudl mena he got 1.1% of his book. if thats all that their top agentgot what did the people at the bottom get
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