Not Sure Which Company To Start Working For...

[Derrick Elder]

Hey everyone, I'll keep this short and sweet. I'm 23 living in San Diego, CA. Just passed my CA Life and A&H exam, and the state is reviewing my application. I'm trying to look for a place to start working under. Dad recommended State Farm, so I started calling locations. They're saying they prefer their agents to be licensed in P/C as well as Life. How do I find a company that specializes in life/health insurance? There don't seem to be any in my area, so would I have to work for a company that recruits agents nationally to sell these products? If so, what would be the top 5 best to sell both life and health insurance products under? Sorry if I'm leaving out details, I'm really lost, and I'm not sure what my next step is. Thank you.

 

[billyb]

You going to sell F2F or phone?

 

[DHK]

San Diego has all the life insurance career companies: New York Life, Northwestern Mutual, Guardian, Mass Mutual, and others.

Go to a major job site and search for life insurance. However, as many of these companies would also require a Series 6, I think I'd use that as my preferred search term to help avoid some of the other MLM recruiters.

 

[Cornelius]

I'm not saying it is so in this case but when new people come in looking for a place to go or suggestions there's a wonder if the post is legit as others will pounce on the mention of some companies.

I can undestand some have had some bad experiences at some companies me included but people should be able to make a business decision which they feel is within their best interest.

 

[fed up]

How about going to work for the one that offers you a position. Learn all that you can and move on.

 

[pfg1]

San Diego has all the life insurance career companies: New York Life, Northwestern Mutual, Guardian, Mass Mutual, and others.

Go to a major job site and search for life insurance. However, as many of these companies would also require a Series 6, I think I'd use that as my preferred search term to help avoid some of the other MLM recruiters.

I agree. If I had it to do over, I would likely start with a major agency like these, learn the business inside and out, then decide what route I wanted to take in the future. My recommendation, stay away from the MLM companies. There are a ton that will come after you and make it sound great. Most people regret going that route. Good luck!

 

[tinasam]

I think for newcomers its hard to know what is MLM and what isn't at first. I mean, I am hearing bad things about every company and it's hard to determine where to go that isn't going to be a regret.

 

[Newby]

I think for newcomers its hard to know what is MLM and what isn't at first. I mean, I am hearing bad things about every company and it's hard to determine where to go that isn't going to be a regret.

It's very simple to tell the difference.

If the agency/IMO allows (or even worse encourages) a newer agent in his first few years of selling and learning to recruit other new agents it is MLM and a very bad situation for the agents.

If you are on a beginning level commission (meaning anyone can get the same commission as you by signing up the same way you did) and you are allowed to put other agents under you at even lower commissions, then you are part of an MLM.

 

[Newby]

Hey everyone, I'll keep this short and sweet. I'm 23 living in San Diego, CA. Just passed my CA Life and A&H exam, and the state is reviewing my application. I'm trying to look for a place to start working under. Dad recommended State Farm, so I started calling locations. They're saying they prefer their agents to be licensed in P/C as well as Life. How do I find a company that specializes in life/health insurance? There don't seem to be any in my area, so would I have to work for a company that recruits agents nationally to sell these products? If so, what would be the top 5 best to sell both life and health insurance products under? Sorry if I'm leaving out details, I'm really lost, and I'm not sure what my next step is. Thank you.

I can tell you this about San Diego. It's a tough market for FE because the majority of the people are too affluent to be good FE prospects. And if you are not bi-lingual many of the less affluent (FE prospects) are Spanish speaking only.

I say this because you will be approached to get started selling Final Expense Insurance. And for most newer agents this is a great choice. But in your area it's pretty tough. I would go with a captive that focuses on the wealthy prospects. Northwestern Mutual and New York Life probably being the top two choices.

 

[Todd King]

It's very simple to tell the difference.

If the agency/IMO allows (or even worse encourages) a newer agent in his first few years of selling and learning to recruit other new agents it is MLM and a very bad situation for the agents.

If you are on a beginning level commission (meaning anyone can get the same commission as you by signing up the same way you did) and you are allowed to put other agents under you at even lower commissions, then you are part of an MLM.

I'm thinking you might want to reword this somehow. We recruit agents and we "allow" them to recruit under them...if that is what they want. We are not an MLM.