More FE Companies To Discuss

[quoteme4life]

I've been in the biz for a little over 20yrs. I was writing mostly auto insurance and some life insurance on the side for the last 6 years making 70k a year until the company closed their offices in CA and I was laid off and now on unemployment. I use to be a debit agent with United Insurance & American National late 80's and late 90's door to door sales and collecting premiums. I sold the paid up WL and small term plans ages 0 to 85 ... I did real good at it. An acquaintance of mine has been working with LH for 6 months now but he stretches the truth a bit, he said TV leads $38 and mail leads are $25 TV leads a bit much. I'm going to go out with him next week and sit in.

To me it sounds like old fashion back in the day life insurance sales, like what I did working in the debit but no collecting premiums. I don't want to be in debt to LH so is it better for me to go as earn commission or buy the leads through LH? I read on the forum people owing and if you leave in 2yrs you will owe and a few other horror stories.

Also was looking at Standard Life & Accident, what you think? You LH guys are the experts, what direction should I go? I really appreciate you taking the time out and reading this.


Thanks Again guys.

 

[rousemark]

Shooting from the hip here, but I heard of an IMO selling RNA that was using a "free" Dental lead card that was touting $10 leads......but I thought they were out of Dallas. High returns but you have to explain to them that the "free" dental was only if you bought a FE plan with RNA.

That sounds mighty close to being an "inducement" which is illegal in Tennessee.

 

[Focus LTC]

Also was looking at Standard Life & Accident, what you think? You LH guys are the experts, what direction should I go? I really appreciate you taking the time out and reading this.


Thanks Again guys.

I use Standard Life for Med Supps. Very good and easy to work with. As far as Life, they don't have graded DB in my state. Just Standard or Substandard rates. I believe diabetes of any kind puts you in sub-standard...

Foresters has easier UW and better rates all the way around...

 

[jacobtn]

standard sucks. I use foresters mainly.

 

[alexkane03]

well what is it worth to FE agents to have some one buy them leads?? would they work for 45% like bankers life??

 

[Newby]

Most FE agents would take a 25% contract with free leads because they are going to take your leads and write them on their 110% contract they have elsewhere anyway.

 

[xrac]

Where is all those new damn moderators? We pay their wages, you'd think they could do their job...

Yea! Those moderators are costing us a fortune but what do you expect out of regulatory people.

 

[Mark]

Most FE agents would take a 25% contract with free leads because they are going to take your leads and write them on their 110% contract they have elsewhere anyway.

I see a lot of agents doing this.

 

[tins]

I would need, at least, 30% to do that.

 

[ims01]

We like Baltimore Life because of the phone app system and their rates and commission are good.

There has been some good advice about the $10 lead program. When you run the numbers, it should cause concern. They wont be in business long.