Need a Final Expense Company That Fits Me

[kwamster]

since oxford offers 120 street contracts, highly doubt someone will struggle getting it.

Is that rate relatively new?

I know that when I originally contracted with them back in 2007 or 2008, they offered me a 105 or 110 (I contracted directly through them - Not an IMO).

 

[Tearmann]

Hello guys,

Im trying to find my dream Final Expense Carrier and Maybe IMO so I could use your Help

Is there a company that fits this description

I would Need at least a 120% Contract and that is not being greedy the lead programs that I want to offer are expensive but they work well

I would like a company that processes applications fast and pay on approval or issue

Also i would prefer no phone interview but there is not much we can do about that anymore

and of of course good rates
30-70 graded benefit
a good application
and last but not least takes payments from credit cards

Why do you feel a 120% contract is going to get you to your goals? Contract level helps little...more sales help better.

Most of the carriers I hear about are doing away with credit cards...Monumental is ending theres oct 1st.

 

[kwamster]

Globe life is a torch mark company, might be one of there affiliates offering the brokerage deal. They have been a direct company for years.

They actually have several different divisions.

One of their most popular division's deals directly with Federal and other gov't workers, but they also have a final expense division for independent agents, that's different from the one you see advertising on the internet and through the mail.

 

[gordon112]

They actually have several different divisions.

One of their most popular division's deals directly with Federal and other gov't workers, but they also have a final expense division for independent agents, that's different from the one you see advertising on the internet and through the mail.

You are probably selling a different product then the Globe life marketed direct vs when you are brokered through them.

 

[Newby]

Is that rate relatively new?

I know that when I originally contracted with them back in 2007 or 2008, they offered me a 105 or 110 (I contracted directly through them - Not an IMO).

If you had a 110% before you automatically got switched to a 125% last year with Oxford. Everyone got 15% added to what they had 1st year but got chopped around 40% on renewals.

 

[Surge]

Re: Need a Final Expense Company That Fitts Me

Do you have a way to do final expense over the phone?

 

[Newby]

Do you have a way to do final expense over the phone?

I do but I don't accept agents that want to sell over the phone. Quickest way to go broke in my opinion.

Chris Westfall was very good at it and owned the website "sell final expense by phone" and last time I talked to him the only way he knew to end up with a million dollars selling FE by phone was to start with five million dollars. It does NOT work for most agents. (Greg is the exception not the rule.)

If you want to sell by phone, Med Sups and term life are your better products.

 

[Daytona_Guy]

Amen.. and it's finalexpensebyphone.com which has converted very nicely into a lead generation site!!

Med Supps by phone is an absolute goldmine, though. Much different crowd.

I do but I don't accept agents that want to sell over the phone. Quickest way to go broke in my opinion.

Chris Westfall was very good at it and owned the website "sell final expense by phone" and last time I talked to him the only way he knew to end up with a million dollars selling FE by phone was to start with five million dollars. It does NOT work for most agents. (Greg is the exception not the rule.)

If you want to sell by phone, Med Sups and term life are your better products.

 

[theinsuranceman]

Amen.. and it's finalexpensebyphone.com which has converted very nicely into a lead generation site!!

Med Supps by phone is an absolute goldmine, though. Much different crowd.

Nice website. Approx. how many FE leads per week does it generate? Is the closing % any higher or lower than the standard 20%-30%? Premium the usual $45-$50? Thanks in advance.

 

[Daytona_Guy]

Nice website. Approx. how many FE leads per week does it generate? Is the closing % any higher or lower than the standard 20%-30%? Premium the usual $45-$50? Thanks in advance.

Lots... same percentage you mentioned... yes on premium.
Same final expense folks.. just free leads.