Realistic FE Production Numbers!

[RonRoberts]

Hello,

I take 15 leads per week and pay $315 per week for these. On average I write 5.5 apps per week. On average I write $3,495 ap per week and pickup an extra $150,000 in annuities. You need a good mentor and a good lead system. I am tracking at $150k in income. I seem to track in the top 25% of my team. Sometimes my final expense sells go into a bit of a lull and during
those times my annuity sales carries me.

I book on average 10-12 appointments and sit down with 8 or 9 of them.

Hope this helps a little bit.

When I get more experienced in this business I would like someone to show me how I can sell annuity business to my FE clients. I just had an FE client cancel on me because she could no longer afford her $22/month payment, a 12 pack of Bud, and 2 packs of cigarettes a day. She told me her daughter could pay for her funeral and get her money back after selling the house.

#1 Rule Of The Internet: Don't Believe Anything You See

You got that right.

 

[gordon112]

When I get more experienced in this business I would like someone to show me how I can sell annuity business to my FE clients. I just had an FE client cancel on me because she could no longer afford her $22/month payment, a 12 pack of Bud, and 2 packs of cigarettes a day. She told me her daughter could pay for her funeral and get her money back after selling the house.



Cross selling anything to the FE market is highly doubtful. The only thing out there is a 0 prem MA plan.
I have sold some annuities to Med Sup clients but never to the FE market...it's pie in the sky with all the LH, SL crooks...
I can tell you a better income stream...find all those LH, SL policies

 

[digfesales105]

When I get more experienced in this business I would like someone to show me how I can sell annuity business to my FE clients. I just had an FE client cancel on me because she could no longer afford her $22/month payment, a 12 pack of Bud, and 2 packs of cigarettes a day. She told me her daughter could pay for her funeral and get her money back after selling the house.



Cross selling anything to the FE market is highly doubtful. The only thing out there is a 0 prem MA plan.
I have sold some annuities to Med Sup clients but never to the FE market...it's pie in the sky with all the LH, SL crooks...
I can tell you a better income stream...find all those LH, SL policies

I love those comments. They make absolutely no sense.

 

[rousemark]

I love those comments. They make absolutely no sense.

Makes perfect sense.. He is saying if you want a guaranteed income stream, find the LH and SL policies that are in force and replace therm with a lower premium policy. Kind of like Newby's, "LH has been very good to me".

 

[insure4real]

When I get more experienced in this business I would like someone to show me how I can sell annuity business to my FE clients. I just had an FE client cancel on me because she could no longer afford her $22/month payment, a 12 pack of Bud, and 2 packs of cigarettes a day. She told me her daughter could pay for her funeral and get her money back after selling the house.



You got that right.

I am just sharing my production. I don't think it is unrealistic what I do for someone else to achieve that. I cross sell annuity business all the time. I have no personal gain from sharing what I do. So many haters! That negative attitude is probably hurting your production.

 

[richink]

This might have already been said, but it depends on you and really depends on the leads. Some leads aren't anything more than names or address you can get that free out of the phone book. If you have a good name in the community I would just use that as a starting point versus paying for leads. The other thing is you need to write enough to cover lead cost and cover any lapses you will have

Jason R Richardson LUTCF

 

[Rearden]

What kind of FE buyers on themselves (not their children) buy annuities.

Educate me.

 

[RonRoberts]

I am just sharing my production. I don't think it is unrealistic what I do for someone else to achieve that. I cross sell annuity business all the time. I have no personal gain from sharing what I do. So many haters! That negative attitude is probably hurting your production.

I hope you are not deeming me to be a hater with a negative attitude...and I never complained about my production. My post was not meant to be anything but one seeking information. I just can't figure out how in the world I would sell one annuity to any of the FE clients that I have sold in the last 10 months. Everyone of them, and I will repeat everyone of them were pinching pennies. IMO, annuity business would be wanted and welcomed business. Maybe we are seeing a different type of FE client.

 

[digfesales105]

Makes perfect sense.. He is saying if you want a guaranteed income stream, find the LH and SL policies that are in force and replace therm with a lower premium policy. Kind of like Newby's, "LH has been very good to me".

Of course it makes perfect sense on here? It's the same ole, same ole diarrhea that is said over and over and over. Soooooo is it like an ambulance chaser?

Who am I......
"yeah...I'm gonna go and follow the LH and SL guys and make a fortune!" "Yeah...just tell me where you're working so I know where to go and replace"
...A VETERAN ON THE INSURANCE FORUM!

Dude...it's played out. I think I read that statement every other day on here. You guys have to come up with some new material already.

 

[Mattschmidt]

If it works for agents to replace SL or LH, and they are making money doing it, why would they stop it? It obviously works for people out there in the real world. It sounds like a broken record, but guys are doing this every week, every year. Like clock work