Monumental Life

[BenS]

Monumentals great for the wacko's

Placed 1st day coverage for a lady with Bi-polar, Schizoid and tons of other meds... they're great for COPD and crazy people... wont find a better company

True. I spoke with one of their underwriters about a lady that was on a few different anti-depressant/bi-polar meds and he told me... "Well, as long as she's, you know, driving and living on her own, then it's fine"

 

[xrac]

There are very good reasons for that orange. They can play football on Sat., go hunting on Sunday and pick up trash mon thru Fri.

That's the truth isn't it?

 

[HomeService]

I've seen 50% contracts, I've told you guys this before. Not with EFES or Monumental, but I've seen them.

 

[RonRoberts]

I wrote my first Monumental Standard yesterday. Does Monumental always call back for the POS interview on Standards"? Is there any way to do the POS at the time of the application?

Thanks,
Ron

 

[jdeasy]

I wrote my first Monumental Standard yesterday. Does Monumental always call back for the POS interview on Standards"? Is there any way to do the POS at the time of the application?

Thanks,
Ron

They don't always do a phone interview. They haven't done a phone interview on any standard that I've submitted. No way to do a POS because they won't tell you if they are going to do one at all.

 

[BenS]

I've had weeks where I submit 4-5 apps with Monumental. It's very odd, the ones I thought could be a POS due to all the meds breeze right thru. Then the one where the client takes no meds and is healthy gets hung up with a POS interview. It's just random...

 

[jdeasy]

I've had weeks where I submit 4-5 apps with Monumental. It's very odd, the ones I thought could be a POS due to all the meds breeze right thru. Then the one where the client takes no meds and is healthy gets hung up with a POS interview. It's just random...

That seems to be the case with all the companies. The ones I send in holding my breath about seem to sail through. The ones I don't even concern myself with and think are the slam dunk are the ones that jump up and bite.

Probably not really that way if I tracked it, but it sure seems that way.

 

[RonRoberts]

Well, it looks like I will be writing more Monumental so I guess it is what it is.

 

[cpete1993]

I have found that agents that seem to be always searching for the "top" commission contract end up out of business because they are never satisfied and they are so worried that somebody might be making a buck or two off what they sell.

As JD points out there are many reason to take a lesser contract. Especially if you are a new agent and could benefit from an upline to mentor you.

I am amazed at the folks that post on here that they are new to the business, where can they get top commission contracts and then start asking the most elementary of questions. They should be asking who will give me the best training, not the best commission rate.

That is the truth! That's what happened to me. Started off captive, in 6 months went independent and never received the training in the business I needed to be successful. When you go independent, your "upline" don't train you, they expect you to know what you are doing. Besides, they have given you a "top" contract.

 

[xrac]

.....Started off captive, in 6 months went independent and never received the training in the business I needed to be successful...........

One problem on the training side is you have to wind up with someone who knows enough to train you. A lot of offices are operated by managers who either do not know how to train because they really don't know that much themselves or they do not have the skills to communicate it to others. What you need to look at is does a managers have a successful track record in recruiting and training other agents. If there is no one or very few agents successful in the office in the 1 1/2-3 year range that the manager has brought on board that is a good indicator of the training you may receive. Even if an company has a strong formal training program a lot of the success of the program still depends upon those in charge.