Monumental Direct Mail Drop

[HoosierLife]

1+1 will always be 2. 2+2 will always be 4.

I asked a simple question. Please show me 1 FE company other than Lincoln Heritage who pays out that kind of FE commission to their agents. Its a simple question. No need for insulting or name calling.

If company A pays out 30 million in commission vs company B would pays out 100 million who's agents are making the most money? As Bill Clinton would say, the math either adds up or it doesn't ad up. If Forresters paid out more FE commissions than Americo, then the Forresters agents are earning more money. Its very simple math.

Again please find a company who's progress report shows they've paid out more FE commission to their agents than LHL. Its pretty simple all of these companies post this information. You refuse to do so because it kills your point entirely & you can't deny whats written in a company's public progress report. A company's public progress report is are far better than 1099s.

I dont have a dog in this fight, but the argument being made is not that LH is not paying out commissions, but to whom are they paying them to?

JD and others are pointing to the fact that recruiters/managers are the ones making all the money. And that most agents are getting the raw end of the deal. So maybe LH does pay out a lot of money, but if only the guys on top are getting a majority of the money, then your company is by definition a scam/pyramid scheme.

Sales people should always be making the majority of the money, as they are the ones earning a majority of the business.

 

[Obi Wan Kenobi]

The difference being that LH has 5x the amount of agents than other FE companies because they mass recruit. So even if they did pay out the most commission it's spread out to more agents. At 1 point in time United American had more sales that united healthcare so UA paid out more commissions. Didn't make them a good company and the average agent only made $20k. Only difference was UA mass recruited so $20k to 20,000 agents

They have 4,500 agents nation wide. The other company I represent has 5,000 agents nation wide. Its about the average.
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I dont have a dog in this fight, but the argument being made is not that LH is not paying out commissions, but to whom are they paying them to?

JD and others are pointing to the fact that recruiters/managers are the ones making all the money. And that most agents are getting the raw end of the deal. So maybe LH does pay out a lot of money, but if only the guys on top are getting a majority of the money, then your company is by definition a scam/pyramid scheme.

Sales people should always be making the majority of the money, as they are the ones earning a majority of the business.

Wrong, I worked with Baltimore Life, and several other FE companies at one point. All of them have the same pay structure, every last one. None of them are a pyramid scheme. Baltimore Life is no different from Monumental, Americo or Forresters. You've been brainwashed into thinking you have to have a 120 to make a decent income. I mean that as no insult. Even with your 110 or 120, someone above you is making a commission be it a regional director or some fat cat sitting at a home office in Owings Mills or Texas.

 

[captain94]

They have 4,500 agents nation wide. The other company I represent has 5,000 agents nation wide. Its about the average.

Their is 300 agents alone in the state of Ohio if you project that over 50 states that's close to 15,000 LH agents. Their had to be at least 10,000 agents not counting the ones that were terminated just active

 

[Obi Wan Kenobi]

Their is 300 agents alone in the state of Ohio if you project that over 50 states that's close to 15,000 LH agents. Their had to be at least 10,000 agents not counting the ones that were terminated just active

I'd like to see proof. Can you please provide proof in another thread.

Back to the original topic, Monumental uses a mailing house. If they have an "in house" lead program its probably a client list they drop to or a lapsed mailing list of former clients. I've known several agents to come and go from Monumental and these guys know what they are talking about. They aren't paying Momumental 375 for leads, but a mailing house.

 

[captain94]

Go to the Ohio dept of insurance and look it up they show how many active agents are with any company. Every states insurance dept shows this information it's public knowledge. They only show currently active so that doesn't count any that have been terminated which I'm sure their are a lot

 

[jerry176]

LH...... BLA BLA BLA.... same old same old....no one cares anymore

 

[Obi Wan Kenobi]

Go to the Ohio dept of insurance and look it up they show how many active agents are with any company. Every states insurance dept shows this information it's public knowledge. They only show currently active so that doesn't count any that have been terminated which I'm sure their are a lot

You're forgetting something. Lincoln has hundreds of full time agents who want to be there and several agents just like you. Freelance guys who write for anybody. To my understanding and NOT speaking for the company, you are more than welcomed to be a FREE AGENT licensed with LHL & write from whomever but you just won't get their leads or have them financed. So they have full time agents and agents like you licensed.

 

[captain94]

You're forgetting something. Lincoln has hundreds of full time agents who want to be there and several agents just like you. Freelance guys who write for anybody. To my understanding and NOT speaking for the company, you are more than welcomed to be a FREE AGENT licensed with LHL & write from whomever but you just won't get their leads or have them financed. So they have full time agents and agents like you licensed.

Your comment was LH has 4500 agents nationwide I proved you are either miss informed or out right lied. I don't care what the agents do they have more than 4500

 

[digfesales105]

Go to the Ohio dept of insurance and look it up they show how many active agents are with any company. Every states insurance dept shows this information it's public knowledge. They only show currently active so that doesn't count any that have been terminated which I'm sure their are a lot

That's a bit misleading . I'm in OH. I know pretty much everything in FE that goes on in this state alone. I know the OH group and there is not 300 plus agents with LH in OH. That's good that you ran the list but go back and look at the list of OH "resident" agents. The list you looked at counted resident and NON-resident agents in OH. Trust me...LH doesn't even have close to 300 resident agents.

Just want to even the playing field here. But at the end of the day....no one really cares and those who do, kind of need to get back to the original topic and get off the LH train. It's about as old as Jack London.....

 

[captain94]

That's Prbly true I didn't look at resident and non resident. But the main point is LH has more than 4500 licensed agents nationwide. Maybe only 200 in Ohio if 100 are non residents. That's beside the point. Either was I'm tired of talking about LH. I'm done. I'm going to block obi so I don't get irritated by him anymore