Questions About Going Independent

[NWABCS]

I was in insurance in 2005. Combined insurance to be specific. Had a bad experience with it. Over the years I had been contacted and even interviewed with some places: AGLA, AIL, Bankers, Howe, and a couple others.

Recently, my friend who I hadn't talked to in a while let me know he is an insurance broker. He's doing fairly well. It intrigued me to find out more.

The agency offers a ton of carriers to be contracted with. The contract starts out at 75% and goes from there. They don't have a training program other than helping out with learning the paperwork (all paper apps). My friend has been doing very well but only there a month or so.

Other than contract and leads information that I already know, what questions should I ask?

 

[The Gimp]

I was in insurance in 2005. Combined insurance to be specific. Had a bad experience with it. Over the years I had been contacted and even interviewed with some places: AGLA, AIL, Bankers, Howe, and a couple others.

Recently, my friend who I hadn't talked to in a while let me know he is an insurance broker. He's doing fairly well. It intrigued me to find out more.

The agency offers a ton of carriers to be contracted with. The contract starts out at 75% and goes from there. They don't have a training program other than helping out with learning the paperwork (all paper apps). My friend has been doing very well but only there a month or so.

Other than contract and leads information that I already know, what questions should I ask?

Make sure they will grant you a release if things don't work out. Find out what the training consist of. There better be free leads to justify that's 75% contract. Otherwise I would run and your friend should be right behind you.

 

[goillini52]

I was in insurance in 2005. Combined insurance to be specific. Had a bad experience with it. Over the years I had been contacted and even interviewed with some places: AGLA, AIL, Bankers, Howe, and a couple others.

Recently, my friend who I hadn't talked to in a while let me know he is an insurance broker. He's doing fairly well. It intrigued me to find out more.

The agency offers a ton of carriers to be contracted with. The contract starts out at 75% and goes from there. They don't have a training program other than helping out with learning the paperwork (all paper apps). My friend has been doing very well but only there a month or so.

Other than contract and leads information that I already know, what questions should I ask?

There are plenty of known, reputable FMO's here on the Forum that give more training than that and give 100-120% contracts. Sounds like your friend's being taken for a ride. I wouldn't ride with him. :bump:

 

[John Galt]

I was in insurance in 2005. Combined insurance to be specific. Had a bad experience with it. Over the years I had been contacted and even interviewed with some places: AGLA, AIL, Bankers, Howe, and a couple others.

Recently, my friend who I hadn't talked to in a while let me know he is an insurance broker. He's doing fairly well. It intrigued me to find out more.

The agency offers a ton of carriers to be contracted with. The contract starts out at 75% and goes from there. They don't have a training program other than helping out with learning the paperwork (all paper apps). My friend has been doing very well but only there a month or so.

Other than contract and leads information that I already know, what questions should I ask?

Feel free to visit Home | Final Expense Leads | Final Expense Training | Final Expense Sales Let us know if we can help.

 

[NWABCS]

Wow. Thanks to everyone for the responses. I'm glad I checked here first. Keep em coming. Thanks to those who messaged me too. Still processing everything.

In a perfect world I'd love to have:
- Good contract
- Help with leads (someone who has tested out lead sources and done trial and error for me)
- Easy application process
- Quality training

 

[SPUR CITY]

Wow. Thanks to everyone for the responses. I'm glad I checked here first. Keep em coming. Thanks to those who messaged me too. Still processing everything. In a perfect world I'd love to have: - Good contract - Help with leads (someone who has tested out lead sources and done trial and error for me) - Easy application process - Quality training

We have EVERYTHING you mentioned and more.

Feel free to reach out to us.

 

[NWABCS]

There are plenty of known, reputable FMO's here on the Forum that give more training than that and give 100-120% contracts. Sounds like your friend's being taken for a ride. I wouldn't ride with him. :bump:

He is happy as can be with his contract. I should sign on somewhere and have him under me. Weeeeeeeeee overrides.