- 1,410
I love people from Tennessee. Easiest people to talk to out of all the states I've sold in so far!
really poor IMO (Americo)
- Thread starter mudhound
- Start date
- 5,947
To bad they where on the wrong side of the the "Great Rebellion".
I know that will get under someone's skin.
- 1,819
Being from Mississippi, I am not good at looking all of this stuff up!
I am just saying that a company like Foresters probably has way more financial stability than some of the little biddy insurance companies that have 8-10 employees and do 5-6 million per year in AP. But some agents would replace Foresters with that small company because it is more "stable".
I find the need, and fill that need. I don't have to be the cheapest and I don't really care if it is fraternal or and insurance company. I sell myself and most people buy because of trusting me.
Some agents have to get creative and do whatever to get a policy because of lower comp, bad money management, bad work ethic, or just bad training. I do right by the client and karma has been pretty good so far.
So you say shit without confirming it? Come one man. That's the annoying part of FE. A bunch of great talkers with absolutely zero evidence. You say someone is more financially sound you better back it up with numbers. This isn't some men's club where you can bullshit everything. If you are right you are right, just prove it. You can't say shit like financially sound then say probably because?????? What? Come on man.
- 6,134
I know with 100% certainty that Foresters is more financially stable than some Insurance Companies out there. Am I going to take the time to look up a companies financials for you, nope! It is just a law of numbers...there are so many small insurance companies that Foresters HAS to be more financially stable than some of them. I don't know if they are more stable than 1/2 of them? 1/4 of them? but I know they are more stable than some for sure...and probably a whole lot.
I was making the point that agents will replace a fraternal with an insurance company that they don't know how stable the company they are selling or the company they are replacing is. I am not someone that sits around and worries about what might happen if the stars aligned and XY or Z happens, and BOOM this company changes something. I sell for what their need is.
And I do not write Foresters at all. I was using them as an example...
- 1,819
You legit just explained that agents don't know the Financials on their companies after saying you don't know the Financials on a company.
Some insurance companies? Pretty vague. That is the reason I don't say anything like that unless I know 100 percent. What are those companies that you know 100 percent? Oh you didn't say the company names?
Come on man, this is ridiculous. Can we have a bit more discretion when we start rumors?
What is the law of numbers I need to know?
- 5,947
You just referenced "men or man" three times in you above reply
I wrote for Shenandoah for while... they went into receivership. Financial stability is like the accountant who was asked, "What is 2+2?" He looked around a bit leaned forward and quietly responded, "What do you want it to be?"
- 1,819
Your point?
- 5,947
You know dude, I didn't even really have one. Sounds dumb, but wrote that then wasn't even going to post it. Thought I had cleared it. Long day... just wanted to rack up some post counts but should wait until I'm not so tiered.
- 6,134
I don't have to know the financials of a company since I don't take that into consideration when selling a policy. I made the point that agents will replace and tell the client that their company is "safer" than some fraternal when they don't really know if it is.
And I do know for 100% fact, but I am not going to list company names here. A company (that I might have in my bag) might not like if I say that X company is more financial stable than them. But foresters has BILLIONS in assets and some insurance companies have MILLIONS. Very simple to understand that they are better off than some of the smaller companies. But again, I do not use that in any presentation and do not think it matters. Some agents will just look for any reason to get an app sold.
You seem to have some type of hatred towards fraternals, and that is fine. I am not defending them or putting them down. We are all independent agents and can pick and choose who we want to do business with. I don't write Foresters just because it gets replaced a lot down here in the south. I do have some agents in the North East that absolutely love Foresters and they write a ton of it. To each their own!
- 6,134
"Financially strong, with assets of of $13.4 billion and a surplus of $$2.1 billion"
So you think every single insurance company in the world has 2.1 billion in surplus?
So you think every single insurance company in the world has 2.1 billion in surplus?
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