Oxford Life - Why or Why Not?

[Rirwin]

So far this is what this thread has brought up:
- The interview has gotten better. 8-10 minute phi (maybe even less).
- They will only take $2M in premium from an IMO (still not checked on).
- They need to start paying commissions on the policy fee.
- Too much of a niche product. They need to open it up with a Standard and Modified/Graded policy.
- Won't pay on a new policy if client has EVER been with them.
- They need a better commission structure. IMO's don't really have the spread they need to operate correctly.
- Renewals are too low when compared to most of the industry.
- The e-app requires that the client have an email. Not the smartest decision for the senior market, especially the FE market.

Anything else you guys/girls can think of? Good or bad. Either way helps.

And that it's none of their business if I'm a U Haul dealer.

 

[FinalExpenseDojo.com]

With how strict they are you would think they would pay the highest first year commissions & renewals in the industry.

They gotta be raking in the profits only taking the cream of the crop!

 

[goillini52]

So far this is what this thread has brought up:
- The interview has gotten better. 8-10 minute phi (maybe even less).
- They will only take $2M in premium from an IMO (still not checked on).
- They need to start paying commissions on the policy fee.
- Too much of a niche product. They need to open it up with a Standard and Modified/Graded policy.
- Won't pay on a new policy if client has EVER been with them.
- They need a better commission structure. IMO's don't really have the spread they need to operate correctly.
- Renewals are too low when compared to most of the industry.
- The e-app requires that the client have an email. Not the smartest decision for the senior market, especially the FE market.

Anything else you guys/girls can think of? Good or bad. Either way helps.

Also, Oxford's a decline if you've had more than one occurance of internal cancer.

 

[Todd King]

Okay, one last bump on this thread. Anything from anybody, good or bad about Oxford?

 

[Devin01]

I'm not a big FE Guy, but their customer service/agent support has never been good whenever I have called . They tried to push me off to the website, so in my opinion they are not trained or incented to truly help agents. Just my two cents .

 

[goillini52]

I'm not a big FE Guy, but their customer service/agent support has never been good whenever I have called . They tried to push me off to the website, so in my opinion they are not trained or incented to truly help agents. Just my two cents .

Years ago, they had a young girl answering the phone, then she'd "try" to send you to the right department. Nice girl, but it always sounded like I woke her up and she talked like a Valley Girl..."gag me with a spoon".

 

[Biggin]

What if they cashed in an old "assurance one" single prem years ago? Wonder if that would mean that they won't pay commission on a FE product?

 

[Todd King]

What if they cashed in an old "assurance one" single prem years ago? Wonder if that would mean that they won't pay commission on a FE product?

It is treated differently because it is a different product. In this scenario the agent would get paid on the FE policy.

 

[Todd King]

Please do keep asking questions and making statements. Oxford is monitoring this thread because the do want to know your thoughts; good and bad.

 

[HoosierLife]

Hehehehe