My personal experience with Aflac

[moonlightandmargaritas]

Re: Looking for Experienced Licensed Agents to Sell New STD Policy in CO

Did you read the forum rules relative to spam when you signed up?

 

[Aflac Northern Colorado]

Looking for Licensed & Experienced Producers in Colorado

#1 District in CO (in growth category, 2008) is expanding team to accommodate growth and recent market demand. We are launching several new products in April that accommodate F/T & P/T employees, as well as the direct market, at very affordable rates. Excellent commission & lifetime renewal structures. Serious responders only, please. Prefer 3-5 or more years licensed, PRODUCTIVE experience, with Life & Health license in Colorado. Regional office located in Greeley. Robert Olmstead, 720-317-3277 or email directly.

 

[Aflac Northern Colorado]

Looking for Licensed Producers in Colorado

#1 District in CO (2008) is expanding team to accommodate growth and recent market demand. We are launching a new short term disability plan that qualifies both full time & part time workers, with zero day waiting on illness and injury disabilities, at very affordable rates. Excellent commission & lifetime renewal structure. Serious responders only, please. Prefer 6 months or more licensed, PRODUCTIVE experience, with Life & Health license in Colorado. Regional office located in Greeley. Other products being introduced in April. Robert Olmstead, 720-317-3277 or email directly.

 

[patch36]

Re: Looking for Licensed Producers in Colorado

Newbies. Before you call or email, do a search and read about AFLAC and about any other company offering 'opportunities'. The search function is above on the toolbar to check prior posts and discussions here on this forum.

 

[STIBROKER]

Re: Looking for Experienced Licensed Agents to Sell New STD Policy in CO

#1 District in CO (2008) is expanding team to accommodate growth and recent market demand.

hahahahahaha.....can I have a Duck.....

 

[stuy119]

I'm an Aflac agent and need help, advice. I began working for Aflac in July of this year. I recruited my best friend and we went out and got some awesome accounts (oil industry) and made some killer bucks. Then the holidays hit us and the bad economy. The appointments dried up. Accounts dropped off the books, because of companies going under or clients deciding they needed the policy premium to survive. We have had to find other means to make money and pay our bills, while waiting for the market to get better. In the mean time, we are still writing business here and there and servicing our accounts.

I received a letter this week, notifying me that I was being terminated from Aflac and to refer to my contract that states I may be terminated "without cause". I can assure everyone that I have done nothing to be terminated for. I have completed all my CDIs, I have completed all of the required training, etc. The letter was from the new Vice President of Aflac and a copy sent to my State Coordinator.

I want to maintain my appointment with Aflac and continue to service my accounts, receive renewals and stock options when I have been with the company long enough. There are other agents that work in my district that haven't written business in more than a year, but continue to work for Aflac.

Has anyone else encountered this or have any advice for me? I haven't contacted anyone yet at the district or state office, because I want to know what I am up against before I talk to them. I want to be fully armed before going in.
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Yes, you get commission for writing family members direct, in fact, they encourage it. I have a hard time selling direct to family and friends, when the payroll deduction is so much cheaper.

Filoli-

Plan ahead now. I had a similar situation happen to me. As soon as you read this, call Colonial Life and ask for the local Territory Manager. Mention your situation, and ask what can be done to expedite the process as you have business you want to bring over with you.

You'll see that Colonial is a much snappier organization to work with, and you'll have fewer people trying to get a piece of your action.
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Plain and simple, Aflac is what it is - a MLM scam. But there are some good aspects.

I was with them for 2 years, and was barely making the monthly bills. This was in spite of having a DSC who was a good friend and letting me work all of his old accounts (at a 70/30 split in my favor) to supplement my new accounts. And this was after 8 years in a couple of B2B sales positions, where I HAD done well.

I experienced the Triple Crown trip, along with the tour of HQ and the Aflac Cancer Center. If you ever do the TC trip and don't go, you're doing yourself a MAJOR disservice. Those kids are great and shouldn't be in that position.

Most DSC and RSC level positions are filled with people who don't know jack about how to run a business, but they push you to run your own business and beat you down when you don't follow their orders or drink the Kool-Aid. They treat it like a numbers game, rather than a relationship game - which is what insurance is.

You're also unlikely to do well with Aflac unless you know A LOT of people, besides the person who recruited you. If you're new to the area (I was), you'll struggle to develop the necessary relationships needed to open accounts and get past businesses who have reps walking in day after day on cold calls.

The goal is to get new clients from agents who will walk away. If this happens, commissions don't vest and Aflac gets to pocket all the "extra" cash that they aren't paying out to agents who wrote the business.

Another interesting item that isn't often mentioned is that more than 65% of their business comes from Japan. That's right, more than 65%. They happened to luck into an arrangement where the Japanese government felt that sales of a cancer plan would tank miserably, so they granted a contract to one company (Aflac) for a 100 year period as the EXCLUSIVE provider of cancer plans. Little did the Japanese government (or Aflac) know that 65% of people would buy a plan.

Now, I'm fully independent and handle group products, individual products, supplemental products (through Colonial) and am making 4x as much with 1/4 of the work.

Additionally, all of the contacts I developed going door-to-door and through networking events are MORE willing to do business with me now that I'm not with Aflac. They bought me, which was a revelation, but not the duck.

Also, as a GREAT sales tip, when someone says that they have Aflac and you're trying to get them as a client, ask them how many different reps they've had since they started their account. If you want to see an interesting look, that'll get it!


For those who feel Aflac is a great product, I'll leave you with this question:

Of the 350,000+ payrolls accounts, how many of them have had new business written in them within the past year?

 

[oicu812nbama]

Colonials commission is about half AIGs.lol. check out transamericas 125 products and commission

 

[VaDwayne]

I Need Help from Ex-AFLAC Agents !!!

I am a Colonial Life agent looking for an ex-AFLAC agent to help me get some competitive comparisons put together. This is for my information only by the way. If you have any information you can give me on their products, or better yet, if you have any unused literature I would love to be able to see it. Again, I am in the learning stages as a new Colonial agent and you could really help me out.

 

[STIBROKER]

Re: I Need Help from Ex-AFLAC Agents !!!

I am a Colonial Life agent looking for an ex-AFLAC agent to help me get some competitive comparisons put together. This is for my information only by the way. If you have any information you can give me on their products, or better yet, if you have any unused literature I would love to be able to see it. Again, I am in the learning stages as a new Colonial agent and you could really help me out.

Maybe Aflac Northern Colorado can help you out...

 

[johncm]

Colonial works. You can not compare it to Transam for comm. Different ways of doing business. colonial positions as an enrollment and can do core. This is a benefit to the company and the core broker. 3 part to the pie. Opener (avgv25%), coordinator(4%) and enroller(15% flat). The bonus are pretty awesome. You can do all 3, but why, open it and let your enroller do that part. Go open more accounts.
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Al

For the most part, you are right about businesses not wanting anything to do with VB. I am in the same neck of the woods as you. But, we are still opening them and our 1st quater is way over last year.
You said" if you could find an honest one that will not screw you..." I would like to get together and talk with you. Coffee, G R Starbucks? Email me, I can not pm yet.

For everyone else, Colonial has a very nice gap plan that works great with HDHP and HSA's. Employer funded in most cases because you saved them a boat load of dough by reducing the health plan costs and keeping the employees happy.
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If I was not obvious, I am a DM for Colonial in Sacramento. We are not all bad as some would think. Won't even stab you in the back. But if we never meet, you would never know.
Colonial has reat products to position along side your core products and in some case help ou seal the deal.

Do you need an enrollment team at no cost you your brokerage? we are your partner. As long as we can position Colonial alongside, you get us free. Ask if TransAm or the duck will do this?